Advance Auto Parts to close more than 700 locations
A national auto parts retailer plans to close more than 700 locations as part of “a strategic plan to improve business performance.” Advance Auto Parts, which has more than 4,700 stores across nearly every state,
Advance Auto Parts to close hundreds of stores, slash jobs amid sluggish demand
The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by mid 2025.
Advance Auto Parts shutting 500 stores, cutting jobs as fewer opt to repair cars
Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from fewer consumers opting to repair their cars, sending its shares up 4.5% in afternoon trading.
Advance Auto Parts Is Closing 727 Stores, 4 Distribution Centers to Stay Afloat
The ubiquitous Advance Auto Parts will be less so in the next couple of years. The automotive parts retailer will shutter more than 700 locations by 2027. The move is part of an adjusted business plan following another disappointing earnings report.
Advance Auto Parts closing all California stores, including 14 in San Diego County
The auto supply company, with more than 150 stores in this state, is closing all California locations and hundreds of others nationwide, including 14 San Diego County stores.
Advance Auto Parts to close over 700 stores after poor financial results
Advance Auto Parts revealed in a recent earnings report that it will be closing more than 700 locations following dismal financial results.
Advance Auto Parts is closing hundreds of stores in an effort to turn its business around
Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations. The announcement came as the struggling car parts retailer posted disappointing quarterly results.
Advance Auto Parts to Close Stores as Sales Pressure Persists
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.
Advance Auto Parts plans to close over 700 stores. How many locations are in Iowa?
Iowa has 37 Advance Auto Parts locations. Des Moines has the largest presence of stores in the state with six locations in the capital city and stores in Ankeny and Urbandale. Other locations include Ames, Coralville, Davenport and Iowa City, among others.
Advance Auto Parts to close stores, cut jobs amid sluggish demand
Advance Auto Parts will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from
Advance Auto Parts to close more than 700 stores, Connecticut impact unclear
Advance Auto Parts has 58 stores throughout Connecticut and a distribution center in Enfield. It announced the closings after a lackluster earnings report.
Advance Auto Parts: Undervalued Turnaround Stock With Major Margin Expansion Ahead
AAP's sale of Worldpac boosts financial stability, cost-cutting measures in place to reach 7% operating margins by 2027.
Advance Auto Parts to close over 700 locations: How many locations does NC have?
Advance Auto Parts will close hundreds of stores across the country, as well as four distribution centers, due to a lower ...
Advance Auto Parts: Navigating Turnaround Strategy Amidst Execution Challenges and Market Adjustments
TD Cowen analyst Max Rakhlenko has maintained their neutral stance on AAP stock, giving a Hold rating on November 15.Don't Miss our Black ...