Advance Auto Parts: Undervalued Turnaround Stock With Major Margin Expansion Ahead
The sale of Worldpac for $1.5 billion significantly strengthens AAP's balance sheet, eliminating solvency risk and providing ...
Major US car part company announces plans to close more than 700 stores nationwide
A major car parts company has announced the closure of more than 700 of its locations across the country. Advance Auto ...
Advance Auto Parts Is Closing 727 Stores, 4 Distribution Centers to Stay Afloat
Car pros and DIYers will have to drive a little farther or wait a little longer for new parts and accessories.
Most expensive recall in history forced Japanese auto company Takata to file for bankruptcy
Takata was pushed into bankruptcy after being involved in the complex, expensive recall of explosive airbags. The dangerous ...
Daily Voice Essex County NJ on MSN2d
National Auto Parts Retailer To Close Over 700 Stores
A nationwide auto parts retailers says it will close over 700 stores as part of “a strategic plan to improve business ...
Advance Auto Parts to close over 700 stores after poor financial results
The company currently operates more than 4,780 stores and 1,125 independently owned, Carquest-branded locations.
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.