Advance Auto Parts appears to be shrinking its footprint in the Puget Sound region, following a Thursday announcement of hundreds of store closures nationwide. A state Worker Adjustment and Retraining ...
NEW YORK (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations as part of its efforts to revive its struggling business.
The North Carolina chain said Thursday that it was reducing its U.S. footprint to improve its business performance.
Advance Auto Parts, one of Raleigh's two Fortune 500 companies, is closing hundreds of stores nationwide by mid-2025 as the ...
The company currently operates more than 4,780 stores and 1,125 independently owned, Carquest-branded locations.
While we do not foresee any immediate threats to Advance’s solvency, we acknowledge that its weakening cash flow generation and recent credit rating downgrade provides some financial uncertainty.
Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company ...
Advance Auto Parts announced Thursday it would attempt to cut company losses with the closure of over 700 locations across the US.