Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company ...
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 ...
Car pros and DIYers will have to drive a little farther or wait a little longer for new parts and accessories.
NEW YORK -- NEW YORK (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations ...
Advance Auto Parts on Thursday announced that it is planning to close more than 700 locations in the U.S. as it looks to improve its financial performance amid sluggish consumer demand.
The company currently operates more than 4,780 stores and 1,125 independently owned, Carquest-branded locations.
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 ...
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 ...
Auto parts stocks allow you to invest in vehicle part distributors — and many of these investment opportunities represent hot stocks under $20. An auto parts stock is a stock that represents a ...
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