Advance Auto Parts to Close Stores

Advance Auto Parts to Close Stores as Sales Outlook Misses Views
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 to Close Hundreds of Stores; Stock Jumps
KEY TAKEAWAYS Advance Auto Parts shares surged after the auto retailer announced plans Thursday to close hundreds of stores as it posted a surprise quarterly loss. As part of a new three-year turnaround plan,
Advance Auto Parts to close more than 500 stores, exit 200 other locations
Advance Auto Parts’ stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.
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, cut jobs amid sluggish demand
Nov 14 (Reuters) - Advance Auto Parts (AAP.N), opens new tab said on 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.
Cordaro's Restaurant in Honesdale has closed. An auto parts store will replace it
The final day of business for Cordaro's Restaurant was Saturday, Nov. 9. Demolition was expected to follow soon.
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.
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700+ Advanced Auto Parts locations to close
DAYTON, Ohio (WDTN) — A nationwide auto parts company is closing hundreds of its stores. In the release, Advanced Auto ...
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Auto Parts Makers Are Cut by TD Cowen on Trump’s Tariff Threat
(Bloomberg) -- Uncertainty about how US President-elect Donald Trump will apply tariffs has prompted an analyst at ...
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Advance Auto Parts to close over 500 stores
(WKBN) – Advance Auto Parts executives announced Thursday that the company will be closing 523 corporate stores through ...
Indian auto parts maker Samvardhana Motherson misses Q2 profit estimates as car sales slow
Indian auto parts maker Samvardhana Motherson International reported a smaller-than-expected increase in second-quarter ...
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PHOTOS: Car slams into Advanced Auto Parts store in West Homestead
Car slams into Advanced Auto Parts store in West Homestead Car slams into Advanced Auto Parts store in West Homestead ...
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Advance Auto Parts opening in St. Cloud. Here's what to know
An Advance Auto Parts store is set to open in St. Cloud Nov. 7, offering customers a range of car parts and repair materials. The North Carolina-based auto parts chain will host a soft opening ...
Putting the brakes on fakes: How counterfeit car parts could be safety hazard for KC drivers
It used to be counterfeit parts were limited to cosmetic items like hood ornaments and decals. Now, it involves safety ...
Advance Auto Parts initiates strategic objectives to improve profitability after disappointing Q3
Weighed down by the impacts from Hurricane Helene, downtime associated with the CrowdStrike outage, higher production costs, ...