Raleigh-based Advance Auto Parts to close more than 700 stores, seeks financial rebound
Advance Auto Parts currently operates 4,781 stores, most in the U.S. It relocated from Roanoke, Virginia, to Raleigh in 2018 ...
Industry Demand Looks Healthy, but Advance Still Dealing With Bloated Costs, Part Availability Woes
While we do not foresee any immediate threats to Advance’s solvency, we acknowledge that its weakening cash flow generation and recent credit rating downgrade provides some financial uncertainty.