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The national auto supply chain plans to close more than 725 locations around the country as well as four distribution centers on the West Coast, Chief Executive Shane O’Kelly said in an earnings ...
Advance Auto Parts announced on Thursday that it is closing at least 500 corporate stores by mid-2025, and exiting another 200 independent locations.
Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report. The car parts retailer, which has about 5,000 stores, said ...
And it pointed to supply-chain consolidation plans, noting that it expected to incur costs related to converting certain stores and distribution centers into “market hubs.” Advance Auto on Thursday posted a loss of $6 million in its third quarter on revenue of $2.15 billion. The company also lowered its full-year revenue outlook for the ...
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.
Al's Auto Supply – Chain that operated in Washington, California, Idaho, Oregon, Nevada and Alaska; purchased by CSK Auto.Founded by Abe "Al" Wexler in Everett, Washington in the late 1950s; [1] [2] sold 15 store chain to Paccar in 1987; [3] Paccar sold chain (along with Grand Auto) in 1999 to CSK Auto which eventually rebranded stores as Schucks.
The nearly century-old auto parts retail giant announced on Thursday that it plans to close over 700 of its nearly 5,000 stores by mid-2025. Advance Auto Parts Is Closing 700 Locations Across the U.S.
On November 28, Advance acquired Discount Auto Parts, Inc., a regional auto parts chain with 671 stores in Florida, Alabama, Georgia, South Carolina, and Louisiana. [ 12 ] [ 13 ] Upon completion of this merger, Advance Auto Parts became a publicly traded company , listed as a common stock on the New York Stock Exchange under the symbol AAP.