Advance Auto Parts to Close Over 700 Stores, Exiting California Market

The closures, part of a restructuring plan, will result in significant job losses and a shift in business strategy for the auto parts retailer.

Advance Auto Parts is shutting down all California locations, totaling more than 150 stores, as part of a plan to close over 700 stores and distribution centers nationwide.
The closures will impact 1,683 jobs in California, including 123 positions in the Bay Area, with layoffs expected in February and March 2025.
The company reported a $6 million loss in the third quarter of 2024 and has been facing declining sales, including a 2.3% drop in same-store sales year-over-year.
Advance Auto Parts recently sold its wholesale distribution business, Worldpac, for $1.5 billion and plans to focus on its strongest-performing markets while opening 60 new stores by mid-2027.
The U.S. auto parts industry has seen challenges from competition and imports, but the broader auto aftermarket sector is projected to grow significantly over the next decade.