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The nearly century-old auto parts retail giant announced on Thursday that it plans to close over 700 of its nearly 5,000 stores by mid-2025. Advance Auto Parts Is Closing 700 Locations Across the U.S.
Trak Auto – Mid-Atlantic, Midwest, and West Coast; founded by Robert Haft (Crown Books) in 1981; purchased and rebranded by Advance Auto Parts in 2002 [26] [27] Western Auto – nationwide, once had 1,800 locations, purchased by Sears in 1987 [28] [29] and sold to and rebranded by Advance Auto Parts in 1998 [30] [31]
Advance Auto Parts, Inc. Consumer Discretionary Automotive Retail ... Fort Lauderdale, Florida: view: 0000069891 FL: Foot Locker: Consumer Discretionary Apparel Retail
In December 2019, Transformco sold the DieHard brand to Advance Auto Parts for $200 million. [29] Under this agreement, Sears and Kmart can continue to sell DieHard branded batteries through their stores while Advance Auto Parts has exclusive rights to the DieHard brand in the automotive and vehicular supplies and service industries. [30]
Among those that closed locations in 2024 were Advance Auto Parts and JOANN Inc. as well as bankruptcy-rattled Big Lots and Red Lobster. Some of those impacted brands expect store closures to ...
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