The company said its gross profits grew compared to 2023, but it will close hundreds of stores while opening others.
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.
A national auto parts retailer plans to close more than 700 locations as part of “a strategic plan to improve business performance.” Advance Auto Parts, which has more than 4,700 stores across nearly ...
S hares of Advance Auto Parts Inc. pulled a sharp early U-turn to trade higher Thursday, after the company laid out its plan ...
Advance Auto Parts, a major supplier of aftermarket replacement parts and accessories, announced plans to shutter over 700 ...
NEW YORK — (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations as part ...
An auto parts retailer with thousands of stores across the U.S. has announced plans to close locations as it attempt to ...
It appears that another large chain with more than 4,700 locations nationwide is moving forward with mass closures.
Advance Auto Parts is closing over 700 locations nationwide by mid-2025 due to underperforming sales, according to the company's third quarter earnings report released on Nov. 14.
A nationwide auto parts retailers says it will close over 700 stores as part of “a strategic plan to improve business ...