Advance Auto Parts Is Closing 727 Stores

This Could Be Why Auto Parts Stores Are Closing
Last week when the news that Advanced Auto Parts is closing about 500 stores, many media outlets rushed to the conclusion it’s a sign fewer people are fixing their own cars. For example, the New York Post mentioned something about Chinese cars (which aren’t available in the US) somehow being responsible for Advanced Auto Parts’ struggles.
Advance Auto Parts Is Closing 727 Stores, 4 Distribution Centers to Stay Afloat
The ubiquitous Advance Auto Parts will be less so in the next couple of years. The automotive parts retailer will shutter more than 700 locations by 2027. The move is part of an adjusted business plan following another disappointing earnings report.
Advance Auto Parts to Shutter More Than 600 Stores, Four Distribution Centers
Advance Auto Parts is set to close 523 corporate stores and exit 204 independent locations as part of a multi-year strategy to boost profitability and streamline operations. The company revealed the closures during its quarterly investors call last week, alongside plans to consolidate its warehouse footprint and open 60 new locations by 2027.
Advance Auto Parts to close hundreds of stores, slash jobs amid sluggish demand
The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by mid 2025.
Advance Auto Parts is closing hundreds of stores amid waning sales
Advance Auto still outlined some wider turnaround efforts in Thursday’s announcement. Despite these sizeable closures, the company noted goals like an “acceleration in pace of
Advance Auto Parts to close hundreds of stores. Delaware stores' future unclear
Advance Auto Parts is closing corporate stores and leaving independent stores. It is unclear if any Delaware locations are affected.
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