Advance Auto Parts is sticking to its plans of closing hundreds of stores in the United States as part of a restructuring strategy that began in 2024. If you’re a customer of these stores, here’s a list of the ones that will be closing and when.
Why is Advance Auto Parts closing stores?
According to a company statement, total net sales for the full year of 2024 totaled $9.1 billion, a decrease of 1.2% compared to 2023. Comparable store sales for the full year of 2024 also decreased by 0.7%.
As a result, a plan was implemented to optimize business performance, focusing on key retail improvements aimed at achieving profitable and sustained growth. This plan includes consolidating distribution centers, with the goal of operating 12 large facilities by the end of 2026, opening 60 market centers by mid-2027, and increasing the speed of new store openings.
“Throughout 2024, we began transformative actions to reposition Advance for long-term success and value creation,” said Shane O’Kelly, the company’s president and CEO.
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Which Advance Auto Parts stores are closing?
The company plans to close approximately 500 corporate stores, 200 independent locations, and four distribution centers by mid-year. Of these locations, 40 are already closed. In addition, 24 Advance Auto Parts stores located in 14 states in the U.S. have been put up for sale. These are as follows:
Alabama
- Bay Minette: 101 McMeans Ave.
Arizona
- Mesa: 1201 West University Dr.
- Phoenix: 3246 West Indian School Rd.
- Prescott Valley: 3484 North Glassford Hill Rd.
Arkansas
- Fort Smith: 2620 Rogers Ave.
California
- Cathedral City: 68-580 Ramon Rd.
Florida
- Clermont: 390 East Highway 50
- Fort Myers: 3671 Cleveland Ave.
Georgia
- Dublin: 111 Prince St.
Kansas
- Leavenworth: 2209 South 4th St.
Louisiana
- New Orleans: 2641 South Claiborne
Michigan
- Battle Creek: 1405 Columbia Ave. West
- Wyoming: 1784 28th St. SW
Mississippi
- Greenville: 2818 Hwy. 82 East
- Jackson: 2020 Raymond Rd.
- Jackson: 205 West Northside Dr.
- Meridian: 2906 8th St.
- Picayune: 230 Memorial Dr.
North Carolina
- Greensboro: 5307 West Market St.
Texas
- Corpus Christi: 10765 Leopard St.
- McAllen: 1010 North 10th St.
- Weslaco: 154 North Texas Blvd.
Washington
- Lynnwood: 18327 Highway 99
Wisconsin
- Manitowoc: 3404 Calumet Ave.
The company’s restructuring plan also includes layoffs. The exact number of employees who could be laid off and when these layoffs will begin has not been detailed, though it is expected to occur simultaneously with the store closures, around mid-2025.
How many stores does Advance Auto Parts have?
The company operates more than 4,700 stores in the United States and other countries such as Canada, Puerto Rico, and the U.S. Virgin Islands. The company also operates 1,125 independent stores under the Carquest brand, not only in these locations but also in Mexico and several Caribbean islands.
History of Advance Auto Parts
Advance Auto Parts, Inc. is a leading supplier of replacement parts for automobiles, serving both professional installers and DIY customers.
Arthur Taubman founded Advance Auto Parts in 1932 after acquiring three small supply stores in Virginia. Initially, the company was known as Advance Stores. The stores initially offered vehicle parts and a variety of household items, such as appliances, televisions, and roofing materials. They also provided services like oil changes, which helped them stand out from competitors. By the early 1940s, Advance Stores had 21 locations.
In 1978, the company decided to reduce its inventory of household products and focus on automotive parts, changing its name to Advance Auto. In 1985, with 100 stores, it adopted its final name, Advance Auto Parts. This growth was highly successful, and in 2001, the company began trading on the stock exchange.
