Posts Tagged: Advance Auto Parts

Advance Auto Parts Lists Over 200 Stores For Sale

Advance Auto Parts Lists Over 200 Stores For Sale

More than 200 Advance Auto Parts stores, including owned properties and leases, are now on the market through Hilco Real Estate. Raleigh, North Carolina-based Advance Auto Parts, a leading retailer in the automotive aftermarket, has enlisted Hilco to oversee the sale of its real estate assets and leases spanning 46 states. The portfolio features retail… Read more »

Advance Auto Parts Closures Drive Spike in US Store Shutdowns

Advance Auto Parts Closures Drive Spike in US Store Shutdowns

Advance Auto Parts is closing over 700 stores and four distribution centers as part of a major restructuring plan announced during its third-quarter earnings report. The company, based in Raleigh, North Carolina, reported a drop in net sales to $2.1 billion from $2.2 billion last year, with a 2.3% decline in comparable store sales. The… Read more »