Posted on: November 14, 2024 05:45 PM

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Advance Auto Parts to close 500 locations nationwide

The auto parts store, Advance Auto Parts, announced closure of around 500 locations nationwide as part of the restructuring effort. The closure will start mid 2025 until the listed locations are closed.

The company blames inflation and overseas competition.

The company also announced the plan to close over 500 corporate stores, 200 independent locations and four of the major distribution centers.

In the coming months, the company will announce the location slated for close.