Advance Auto Parts closing hundreds of stores, cutting jobs
Nov 15, 2024 · 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.
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 to close hundreds of stores, shut down West …
Nov 21, 2024 · A plan by Advance Auto Parts to stem deepening losses by closing hundreds of stores will result “in a complete exit of certain markets on the West Coast” as the company shutters California...
Advance Auto Parts to exit Western U.S. as it closes more than …
Nov 14, 2024 · Shares of Advance Auto Parts Inc. pulled a sharp early U-turn to trade higher Thursday, after the company laid out its plan to return to sales growth and to boost margins, including by...
Advance Auto Parts faces crisis with 727 store closures
Nov 22, 2024 · Advance Auto Parts is downsizing its operations in response to mounting financial challenges. The company announced plans to close 523 corporate stores, four distribution centers, and withdraw...
Advance Auto Parts closing hundreds of locations following …
Nov 14, 2024 · 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...
Advance Auto Parts shutting 500 stores, cutting jobs as fewer opt …
Nov 14, 2024 · Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from fewer consumers opting to...
Advance Auto Parts Is Closing 727 Stores, 4 Distribution Centers …
Nov 16, 2024 · Car pros and DIYers will have to drive a little farther or wait a little longer for new parts and accessories. The ubiquitous Advance Auto Parts will be less so in the next couple of years. The...
Advance Auto Parts stores closing: 731 locations around US to …
Nov 14, 2024 · Advance Auto Parts announced Thursday it would attempt to cut company losses with the closure of over 700 locations across the US.
Advance Auto Parts to Close Hundreds of Stores; Stock Jumps
Nov 14, 2024 · Advance Auto Parts (AAP) said Thursday that it plans to close hundreds of stores as the auto parts retailer recorded a surprise quarterly loss. The company's shares surged as much as 10% soon...