Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. According to CNN, major chain stores are on track to close the highest number of stores in 2024 than in any year since 2020, when the pandemic decimated businesses.

Advance Auto Parts announced Thursday it would attempt to cut company losses with the closure of over 700 locations across the US.

WEST HOMESTEAD, Pa. (KDKA) -- A car has slammed through the front of the Advance Auto Parts store along W. 7th Avenue in West Homestead. The crash happened around 5:30 on Wednesday morning. KDKA's news crew at the scene could see a silver Dodge sedan that had crashed through the front of the building and into the store.

Advance Auto Parts’ stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.

Advance Auto Parts plans to close more than 500 stores by 2025. Here's what to know about how Ohio is affected.

Another chain is cutting back. Advance Auto Parts announced it will be closing more than 700 locations by mid-2025.