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 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 ...

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 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 been trying to stem deep losses driven by weak demand, as fewer drivers are opting to repair their cars, the company said. It posted an operating loss of $820 million in the ...