Advanced Auto Parts plans to close over 700 store locations by the middle of 2025. This down-size, which is due to increased financial challenges, is being done in hopes to improve the business' ...
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 ...
The Chapter 11 process is not going smoothly for First Brands. The supply chains of car part retailers and the availability of specific products could be negatively impacted. The bankruptcy filing by ...
Shares in auto parts retailer Advance Auto Parts (NYSE: AAP) were lower by more than 8% as of 11 a.m. today. The move came after Goldman Sachs downgraded the stock from neutral to a sell, amid ...
Advance Auto Parts announced the closure of over 700 stores with the release of the company's third-quarter report released Thursday. The Advance Auto Parts' gross profit increased 11% in the third ...
Advance Auto Parts will continue to close hundreds of stores and four distribution centers this year, including six Washington locations. The announcement was made in a Wednesday earnings call after ...
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 ...
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 company ...
Advance Auto Parts Inc. (NYSE:AAP) shares are trading higher on Thursday after the company reported first-quarter results, with quarterly adjusted earnings per share of 22 cents loss, beating the ...
While two Michigan stores are listed for sale, the specific locations impacted by the closures remain unclear. Advance Auto Parts currently operates 139 stores in Michigan. Advance Auto Parts is ...
Advance Auto Parts sold its Worldpac subsidiary to the Carlyle Group and is to shutter stores. (Photo by Tierney L. Cross/Getty Images) Automotive parts retailer Advance Auto Parts is hoping that less ...
Auto-parts retailer sticks to its previous profit forecast, which didn't include tariffs, even though it sources products from Mexico, China and Canada Advance Auto Parts Inc.'s scored a record ...
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