Advance Auto Parts Planning to Close More than 500 Stores | Chain has Large Georgia Presence
Monday, November 18th, 2024
The auto parts retailer Advance Auto Parts will close more than 500 stores over the next three years, executives revealed this week in an earnings report.
The plan, outlined during a meeting with shareholders, would take about three years. It would include closing more than 500 retail locations, as well as four distribution centers. About 204 independent store locations would also leave the franchise, meaning they would lose the Advance Auto Parts branding and become independent.
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