Advance Auto Parts announced on Thursday that it would cut jobs and close more than 500 stores by mid-2025 to restructure, ...

Advance Auto Parts is closing at least 500 corporate stores by mid-2025 and exiting another 200 independent locations, the company announced Thursday. Advance Auto Parts serves both professional ...

"Advance Auto Parts is on the path to accelerate store ... 700 locations – more than 500 of which were corporate stores – and close four distribution centers. That move arose out of a ...

The announcement may come as a surprise, as just several months ago, Advance Auto Parts said it was closing more than 700 stores. The company operated nearly 4,800 stores across the U.S. and ...

I maintain a hold rating on Advance Auto Parts due to ongoing execution risks and the need for sustained same-store-sales growth and valuation below 16x. AAP's financial flexibility has ...