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The company plans to close 148 stores in 2025. But given its more than 13,000 store footprint, that leaves plenty of locations going strong — at least for now. 3.
The reduction will result in closing roughly 500 corporate-owned stores plus about 200 independently operated locations. The company did not immediately provide a full list of locations set to close.
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 14, 2024, Advance Auto Parts announced plans to close 523 corporate stores, 204 independently-owned locations, and four distribution centers by the middle of 2025. It also flagged that it will reduce its headcount, but did not provide details. The overhaul is expected to cost the company between $350 million and $750 million. [34] [35]
The Reinalt-Thomas Corporation, doing business as Discount Tire and America's Tire, is an American tire and wheel retailer. It operates in 38 of the lower 48 states, and headquartered in Scottsdale, Arizona. Founded in 1960, it is considered the largest independent retailer of tires and wheels in the world. [1] [2]
The company acquired Winston Tire Company in 1997, and moved ATD's headquarters from Lincolnton to Charlotte in 1998. [3] Heafner Tire sold Winston Tire Company to Performance Management, Inc. in 2001. [4] In 2000, Heafner Group acquired American Tire Distributors. [5] Heafner Tire changed its name to American Tire Distributors (ATD) in 2002. [6]
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walmart.com has been visited by 1M+ users in the past month