Carie Corrine

Advance Auto Parts Closing Stores 2024 Usa. Advance auto parts shares have declined 33% since the beginning of the year. Despite the announcement to close over 700 stores, advance auto parts does plan to accelerate the opening of new stores.

As part of its turnaround efforts, advance auto parts announced plans to close 523 corporate stores, exit 204 independent locations, and shutter four distribution centers by mid. Following a fiscal q3 that saw its net sales decline 3.2% compared to the same period the previous year, advance auto parts (aap) will close 523 corporate stores, exit 204.