Advance Auto Parts to Close Stores

Advance Auto Parts to close over 500 stores. How is Ohio affected? What we know
Advance Auto Parts plans to close more than 500 stores by 2025. Here's what to know about how Ohio is affected.
Advance Auto Parts plans to close stores. Here's what we know about Michigan locations.
Advance Auto Parts announced on Thursday that it is closing at least 500 corporate stores by mid-2025, and exiting another 200 independent locations. The move comes as the company said in a release that its gross profit increased 11% in the third quarter of 2024 to $907 million compared to the same period a year ago.
Advance Auto Parts announces plan to close over 700 locations
National retailer Advance Auto Parts announced Thursday it plans to close more than 700 locations in the coming years as the company works to address ongoing financial struggles. The closure announcement was made during the company’s third quarter earnings report.
Advance Auto Parts to close over 500 stores
Advance Auto Parts executives announced Thursday that the company will be closing 523 corporate stores through 2027.
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 Stock Rises. Closing Stores Matters More Than a Bad Quarter.
The car-parts retailer announces plans to close hundreds of stores as part of a financial plan to refresh the business.
Advance Auto Parts to close more than 700 locations by mid-2025
As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. According to CNN, major chain stores are on track to close the highest number of stores in 2024 than in any year since 2020, when the pandemic decimated businesses.
Advance Auto Parts to Close Stores as Sales Outlook Misses Views
Advance Auto Parts AAP2.58%increase; green up pointing triangle said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations, sending shares lower in premarket trading.
Advance Auto Parts to Close Hundreds of Stores; Stock Jumps
Advance Auto Parts said Thursday that it plans to close more than 700 stores after the auto parts retailer recorded a surprise quarterly loss.
Advance Auto Parts To Close 731 Stores Amid Asset Optimization Program; Sees FY25 Revenue Below View
Following the completion of a comprehensive review of operational productivity, Advance Auto Parts on Thursday announced an Asset
Advanced Auto Parts’ stock falls after a surprise quarterly loss, plan to close more than 500 stores
Shares of Advance Auto Parts Inc. dropped 1.8% in premarket trading Thursday, after the maker of auto parts for both professional and do-it-yourself customers reported a surprise third-quarter loss and announced an asset optimization program that targets closing more than 500 stores and four distribution centers.
CNN6h
Advance Auto Parts is closing more than 700 locations
Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report. The car parts retailer, which has about 5,000 stores, said ...
Wall Street Journal4h
Advance Auto Parts to Close Stores as Sales Pressure Persists
Advance Auto Parts AAP2.06%increase; green up pointing triangle said it will close hundreds of stores and cut jobs after ...
Yahoo38m
700+ Advance Auto Parts locations to close
DAYTON, Ohio (WDTN) — A nationwide auto parts company is closing hundreds of its stores. In the release, Advance Auto ...