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 ...