Advance Auto Parts to close over 700 stores, layoff nearly 70 Texas employees
Advance Auto Parts closing more than 700 stores amid retail downturns
Advance Auto Parts joins the growing list of retailers rolling back, announcing closures of over 700 stores.
Fox – 5 NY
Advance Auto Parts plans to close hundreds of stores, four distribution centers and slash jobs amid the sluggish demand for vehicle parts, the company said last week. WARN notices sent this week specify how many Texas employees will be affected by the layoffs.
The announcement came with the release of the company’s third-quarter report on Nov. 14, when it reported an adjusted loss of 4 cents per share, compared to a loss of $1.19 one year ago.
The car part supplier’s gross profit increased 11% in the third quarter this year compared to the nearly 37% increase in last year’s third quarter. Executives said the drop in profits will force the closure of more than 700 locations by the middle of 2025.
On a post-earnings call with analysts, Advance Auto Parts executives told analysts its quarterly results were also impacted by hurricanes and the CrowdStrike outage, Reuters reported.
The company said fewer consumers are opting to repair their cars, so it will introduce a new three-year financial plan in an effort to revive its struggling business.
How many Advance Auto Parts stores are in Texas?
Headquartered in Raleigh, North Carolina, Advance Auto Parts operates more than 4,700 stores in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. According to its website, the company also serves 1,125 independently owned Carquest-branded stores across these locations, in addition to Mexico and some Caribbean islands.
There are currently 251 Advance Auto Parts locations in Texas, according to the company’s website.
“We are pleased to have made progress on our strategic actions, including the completion of the sale of Worldpac and a comprehensive operational productivity review of our business,” Shane O’Kelly, president and chief executive officer, said in a statement on Nov. 14. “We are charting a clear path forward and introducing a new three-year financial plan, with a focus on executing core retail fundamentals to improve the productivity of all our assets and to create shareholder value.”
On Nov. 1, 2024, the company completed its previously announced sale of Worldpac for nearly $1.5 billion.
How many Texas jobs will be cut by Advance Auto Parts?
In WARN notices sent Tuesday, Advance Auto Parts listed the number of employees affected by Texas closures along with the dates the layoffs will occur. Seven locations in the state will lay off 67 workers.
| Location | Number of employees | Layoff date |
| Fort Worth – Camp Bowie | 11 | Feb. 9, 2025 |
| Dallas – Carroll Avenue | 8 | Feb. 10, 2025 |
| Dallas – Josey Lane | 10 | Feb. 10, 2025 |
| Forest Hill | 9 | Feb. 11, 2025 |
| Fort Worth – McCart Avenue | 9 | Feb. 11, 2025 |
| Garland | 10 | Feb. 12, 2025 |
| Grand Prairie | 10 | Feb. 14, 2025 |
Advance Auto Parts did not clarify which positions would be impacted.
How many Advance Auto Parts stores are closing?
In a regulatory filing, the company reported it plans to close 523 corporate stores, leave 204 independent locations, and shut down four distribution centers.
The company did not provide specific locations.
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