Advance Auto Parts Aims to Boost Productivity by Closing Stores
Advance Auto Parts(AAP) PYMNTS.com·2024-11-15 23:49
Advance Auto Parts plans to close 523 corporate stores, exit 204 independently owned locations and close four distribution centers in the United States by mid-2025 as it works to boost its operational productivity.The automotive aftermarket parts provider operates 4,781 stores primarily within the United States and serves 1,125 independently owned Carquest-branded stores, it said in a Thursday (Nov. 14) press release.The announcement followed the company’s sale of its wholesale operation, Worldpac, which wa ...