Automatic workers for Trump leader Brian Panbacker discuss President Donald Trump, announcing 25% tariffs on car imports and his support among car workers at the evening.
Advance Auto Parts has now drawn expansion.
The A car parts provider for the rear He said on Wednesday that he “enters his next stage of growth” with launching 30 new stores in the United States this year.
During the longer lasting until 2027, Advance Auto Parts is trying to add another 100 locations, including larger Market Hub stores, according to the company.
Shenandoa, Pennsylvania, USA – 2025/01/29: Exterior view of the advance parts store in Shendoch, Pennsylvania. Advance Auto Parts, Inc. is a car parts provider for the rear, which operates more than 4,700 stores. (Photo: Pau (Paul Waver/Sopa Pictures/Lygrocket through Getty Images/Getty Images)
“Advance Auto Parts is on the road to accelerate the growth of the store and focus on the basics of selling car parts,” CEO Jane O’Kelli said in a statement. “We are excited about what should come for progress.”
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The expansion, the advance of auto parts said, comes after successfully “completing the closure phase of the store in his transformation plan.”
The company said in November that it would close over 700 locations – more than 500 were corporate stores – and closed four distribution centers. The move came from a three -year “Strategic Plan” that aims to “improve business performance” for advance parts.
Advance parts for automatic closure of hundreds of poor performance locations
Measures in the company’s strategic plan include “Standardization of the Shop Model” and “Strategic Sources to Improve the First Costs and bring parts of the market faster”, among others, according to the company.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| AAP | Advance Auto Parts Inc. | 38.95 | -1,42 |
-3.52% |
Advance car parts have announced on Wednesday that Over 75% of its locations They are now “in the markets where the company has a position number 1 or no. 2 based on the store density, strengthening its presence in the strategic communities.”
DebE debuts new stores in Florida, Illinois, Maryland, Ohio, Virginia and Wisconsin for the next “several” months, the company said. Six new Advance Auto Parts shops have begun in Florida, Newoo Jerseyers, Tennessee and Virginia since the beginning of 2025.
The collected truck is reflected in the Advance Auto Parts Inc. window. Shop in Phoenix, Arizona, USA, on Monday, February 19, 2018. Autonomous parts are automatically planned to announce the earnings on February 20. Photographer: Caitlin O’Hara/Bloomberg through (Caitlin O’Hara / Bloomberg through pictures of Getty / Getty)
As part of the expansion, the new “market centers” are scheduled to come to the Midwest “Soon”, according to the advances. Kelly said earlier during the call for earning the company’s fourth quarter in February that the company wanted to have 60 new “market centers” by half by 2027.
Its “market centers” are significantly larger in size than its normal stores. They “increase the availability of parts by putting approximately 75,000 to 85,000 sku closer to customers and other local advance stores, as well as improving the speed of advance service by delivering parts at the same time,” the company said.
Washington, DC – August 22: The Location for Automatic Parts Automatic Parts is seen on August 22, 2024 in the Tacoma Park, Maryland. Advance Auto Parts has announced the sale of its WorldPac subsidiary in the Carlyle group for $ 1.5 billion in cash as part of its extension (Tierney L. Cross / Getty Images / Getty Images)
Advance parts for auto sell Different parts of the vehicle, batteries, accessories, chemicals and engine maintenance items.
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During 2024, the company generated a net sales of $ 9.09 billion. The comparison of the sale of stores, meanwhile, dropped by 0.7%, which Cfo Ryan Grimland said “driven by slowing in the second half of the year and was attributed to overall softness in the vicinity of consumers, including delaying and spending for maintenance items, as seen through the 2024 industry.”
His annual net loss for 2024 was $ 335.79 million.
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