Advance Auto Parts is closing 700 stores and four distribution centers by mid-2025 in a major restructuring plan.
In November, Advance Auto Parts announced the decision to close more than 700 underperforming stores and distribution centers. It also completed the $1.5 billion sale of Worldpac. The company has experienced turbulence in recent years, including corporate layoffs and leadership changes.
Highwoods Properties Inc. has agreed to purchase Advance Auto Parts Tower, a 20-story office building located in Raleigh’s North Hills district. The seller and sales price were not disclosed, but Triangle Business Journal reported that the 346,
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. According to its website ...
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Advance Auto Parts will close more than 700 stores and four distribution centers by mid-2025, the company said in its fourth quarter earnings report.
Highwoods Properties (HIW) reported it has agreed to acquire Advance Auto Parts Tower, a 20-story, Class AA office tower located in the heart
Advance Auto Parts is moving ahead with plans to close 700 stores nationwide. Which ones are in Ohio? Here's the list.
Advance Auto Parts expects full-year earnings in the range of $1.50 to $2.50 per share, with revenue in the range of $8.4 billion to $8.6 billion. Advance Auto Parts shares have fallen 3% since the beginning of the year. The stock has decreased 24% in the last 12 months.
A major auto parts retaile r is closing hundreds of stores across the United States. Advance Auto Parts announced via press release in November 2024 its “strategic plan” to shut down more than 700 stores by mid-2025. Four distribution centers will also shutter during this time.
Square Feet,100% LeasedAdjacent to Highwoods-Owned CAPTRUST Tower in North HillsClosing Scheduled for Next 30 DaysRALEIGH, N.C., March
The Raleigh, North Carolina-based Advance Auto Parts operates more than 4,700 stores in the United States, Canada, Puerto Rico and the U.S. Virgin Islands, USA TODAY reported. According to its ...