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.

Headquartered in Raleigh, North Carolina, Advance Auto Parts operates more than 4,700 stores in the United States, Canada, Puerto Rico and the U.S. Virgin Islands.

Advance Auto Parts also lowered its full-year outlook for the second quarter in a row, with the company saying on its previous earnings call that “consumers continue to feel the weight of an ...

Advance Auto Parts has completed the shuttering of approximately 700 stores and now is planning to open at least 100 new locations through 2027, the company revealed exclusively to USA TODAY.

Advance Auto Parts Results Advance Auto Parts’ net losses narrowed to $6 million, or $0.10 cents a share, during its third quarter, from $62 million, or $1.04 a share, in the year-prior period ...