Advance Auto Parts to exit 700 locations

[TheFugitive]

Following disappointing earnings results, the management of Advance Auto Parts has unveiled plans to close around 500 company-owned stores, end franchise agreements with around 200 independent locations, and shutter four distribution centers.

https://www.yahoo.com/news/advance-auto-parts-close-over-161602623.html

The downsizing will occur in stages and will stretch into 2027.