It recently sold Worldpac, an automotive parts wholesaler, for $1.5 billion as it reworks its business model. The company did not say how many jobs will be lost in its latest announcement.

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Its plan is focused on three pillars: store operations, merchandise, and supply chain. The auto parts chain recently sold Worldpac, an automotive parts wholesaler, for $1.5 billion as part of ...

Advance Auto Parts is set to close 523 corporate stores and exit 204 independent locations as part of a multi-year strategy to boost profitability and streamline operations. The company revealed ...

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 ...

Advance Auto Parts plans to close hundreds of stores, four distribution centers and slash jobs amid the sluggish demand for vehicle parts, the company said this week. The announcement came with ...

Nov. 14—Launching a sweeping corporate restructuring, Advance Auto Parts Inc. announced plans to close more than 500 corporate stores and 200 independently owned sites, as well as four ...

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 as demand for vehicle parts takes a hit from fewer ...

Advance Auto Parts is the latest chain to announce store closures in an effort to restructure into profitability. The car parts retailer announced on Thursday that it plans to close 523 corporate ...

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 ...