Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company ...
The sale of Worldpac for $1.5 billion significantly strengthens AAP's balance sheet, eliminating solvency risk and providing ...
AutoZone is the largest privately-owned distributor of auto parts ... vehicle dealerships and automotive aftermarket parts wholesalers. As of 1 July 2024, the value of AutoZone’s net assets ...
Private equity firm HCI Equity Partners (HCI) launched an automotive aftermarket distribution platform named Driven Distribution Group. The launch aligns with Driven Distribution Group’s acquisition ...
The ubiquitous Advance Auto Parts will be less so in the next couple of years. The automotive parts retailer will shutter ...
NEW YORK -- NEW YORK (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations ...
The company currently operates more than 4,780 stores and 1,125 independently owned, Carquest-branded locations.
Auto parts distributor LKQ Corp cut its full-year profit expectations on Thursday due to slowing demand for vehicle parts as fewer consumers opt to repair their cars. Consumers are hesitating to ...
(Reuters) - Auto parts distributor LKQ Corp cut its full-year profit expectations on Thursday due to slowing demand for vehicle parts as fewer consumers opt to repair their cars. Consumers are ...
Earlier this month, the company closed a $1.5 billion sale of Worldpac, its automotive parts wholesale distribution business, to investment firm Carlyle. Advance Auto primarily operates in the U.S ...
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 ...