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Advanced Auto shut-off in more than 700 locations; Which PA stores are affected?
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Advanced Auto shut-off in more than 700 locations; Which PA stores are affected?

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Advanced Auto PartWith the company’s third quarter report released on Thursday, it announced the closure of more than 700 stores and layoffs.

The auto parts retailer, which has about 5,000 stores in its portfolio, said it had to offer discounts as part of a “strategic plan to improve business performance.” The impact is 731 locations that will close between now and mid-2025.

“We are charting a clear path forward and delivering a new three-year financial plan focused on implementing core retail fundamentals to improve the efficiency of all our assets and create shareholder value,” said Shane O’Kelly, president and chief executive officer. The officer said in the report.

Here’s what you need to know about closings.

How many stores is Advance Auto Parts closing in Pennsylvania?

This reduction will close 523 corporate stores, 204 independent locations and four distribution centers.

No locations have yet been announced for the closures, so it’s unclear how many (if any) will close in the Mid-Atlantic region.

While New Jersey is home to 114 stores, Pennsylvania has twice that many stores in the state, with 253 stores. There are 19 locations in neighboring Delaware.

Advance says it will work to improve parts supply, increase parts availability and adjust pricing and promotions to increase gross margin.