Advance Auto Parts is closing more than 700 locations
3 days ago · Travel. Outdoors. Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report.
Advance Auto Parts closing hundreds of stores, cutting jobs
2 days ago · 0:04. 0:40. Advance Auto Parts plans to close hundreds of stores, four distribution centers and slash jobs amid the sluggish demand for vehicle parts, the company said this week. The announcement ...
Advance Auto Parts closes hundreds of its stores | AP News
3 days ago · NEW YORK (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations as part of its efforts to revive its struggling business. North Carolina-based Advance Auto said Thursday that it would be reducing its U.S. footprint as part of a “strategic plan to improve business performance.”.
Advance Auto Parts is closing 500 stores and shedding 200
3 days ago · As of Oct. 5, Advance Auto operated more than 4,780 stores and served 1,125 independently owned, Carquest-branded locations. Shares of the company closed up less than 1% Thursday, but the stock is ...
Advance Auto Parts, Inc. - Advance Auto Parts Reports Third …
4 days ago · About Advance Auto Parts. Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands.
Advance Auto Parts to cut costs by $150M, sell 2 business units, …
Nov 15, 2023 · RALEIGH — Advance Auto Parts (AAP) on Wednesday reported a third-quarter loss of $48.6 million, after reporting a profit in the same period a year earlier. And the company under its recently...
Advance Auto Parts Announces Closing of Sale of Worldpac to …
RALEIGH, N.C., November 04, 2024--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself ...
Advance Auto Parts, Inc. - Advance Auto Parts Announces Sale …
Aug 22, 2024 · Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion. 08/22/2024. Sale simplifies Advance’s enterprise structure and sharpens focus on the blended box business. Net proceeds to be used primarily to strengthen balance sheet and invest in …
Advance Auto Parts closing hundreds of locations following …
3 days ago · Advance Auto Parts' stock is down over 28% over the past year and more than 32% in 2024 to date, though it rose about 2% during Thursday's trading on the news. Advance Auto Parts hasn't yet ...
Advance Auto Parts to close more than 700 stores. Which Florida ...
3 days ago · 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 stores. exit 204 independent locations and close four distribution centers, according to Reuters. Shares in the company dropped nearly 5% after it announced its third-quarter …