{"id":54300,"date":"2025-03-01T16:38:47","date_gmt":"2025-03-01T21:38:47","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=54300"},"modified":"2025-03-01T16:39:14","modified_gmt":"2025-03-01T21:39:14","slug":"one-of-the-largest-auto-parts-supply-stores-in-the-u-s-is-starting-the-process-of-closing-a-whopping-locations-as-it-looks-to-turn-things-around","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2025\/03\/01\/one-of-the-largest-auto-parts-supply-stores-in-the-u-s-is-starting-the-process-of-closing-a-whopping-locations-as-it-looks-to-turn-things-around\/","title":{"rendered":"One of the largest auto parts supply stores in the U.S. is starting the process of closing a whopping locations as it looks to turn things around."},"content":{"rendered":"\n

Advance Auto Closing Stores, Reducing Headcount<\/strong><\/p>\n\n\n\n

In November 2024, Advance Auto announced its plan<\/a> to shake-up its store portfolio. The company said it would close 500 corporate stores, 200 independently owned stores and four distribution centers by mid-2025.<\/p>\n\n\n

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Advance Auto Parts informed investors this week that the stores are still on track to close. There also will be a reduction in headcount among employees.<\/p>\n\n\n\n

In 2024, the chain opened 42 stores while closing 40 locations. It ended the year with a total of 4,788 stores, up two stores from 2023. That total will look much different by the end of 2025 with the mass store closings in the works.<\/p>\n\n\n\n

The first Advance Auto Parts locations to close have already been put up for sale. Hilco Real Estate Sales<\/a> has listed the following stores are on the market:<\/p>\n\n\n\n

Advance Auto Parts<\/strong><\/p>\n\n\n\n

Advance Auto Parts is more or less reshuffling the deck on its stores. The company announced in late 2024 that it is rolling out a “strategic plan<\/a>” to reduce the number of its properties.<\/p>\n\n\n\n

This includes:<\/p>\n\n\n\n