Raleigh-based Advance Auto Parts will close more than 700 stores
Advance Auto Parts, one of Raleigh's two Fortune 500 companies, is closing hundreds of stores nationwide by mid-2025 as the company continues to restructure its finances under new leadership. Why it matters: Advance Auto has long had a presence in Raleigh,
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 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 more than 700 stores across the US
A news release from Advance Auto Parts said the closures include 523 Advance corporate stores, 204 independent locations and four distribution centers.
Raleigh-based Advance Auto Parts to close more than 700 stores, seeks financial rebound
Advance Auto Parts currently operates 4,781 stores, most in the U.S. It relocated from Roanoke, Virginia, to Raleigh in 2018 after North Carolina and local governments offered the company a combined $12 million in economic incentives. As part of the deal, the maker of aftermarket auto parts pledged to create 435 new jobs at its new corporate home.
Raleigh-based 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,
Advanced Auto Parts closing more than 700 across the US
A news release from Advanced Auto Parts said the closures include 523 Advance corporate stores, 204 independent locations and four distribution centers.
This auto parts store is closing 500 locations. Which Arizona stores will be affected?
Vehicle parts supply company Advance Auto Parts announced that it will close 500 stores across the country. How is Arizona affected? What we know
Advance Auto Parts will close 700-plus stores as the list of struggling retailers grows
The auto-parts provider is the latest U.S. chain to downsize as consumers spend less due to rising prices. Advance Auto Parts, a leading automotive aftermarket-parts provider in North America that serves both professional installers and do-it-yourself customers,
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 demand for vehicle parts. The company announced the news this week with the release of its third-quarter report on Thursday,
Advance Auto Parts to close more than 700 stores. Which Florida locations are closing?
Another chain is cutting back. Advance Auto Parts announced it will be closing more than 700 locations by mid-2025.
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Advance Auto Parts plans to close more than 500 stores. Here's what we know
meaning they would lose the Advance Auto Parts branding and become independent. The company on Thursday reported a loss ...
Advance Auto Parts closing 700 stores
Advance Auto Parts is tightening its belt as the company's stock price continues its downward trend. Advance Auto Parts (NYSE ...
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Advance Auto Parts Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Advance Auto Parts, Inc. AAP will release earnings results for its third quarter, before the opening bell on Thursday, ...