Advance Auto Parts closing 700 stores and is selling 5 in Mississippi
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 is continuing its plan to shutter hundreds of stores and four distribution centers in 2025, the company said in a Wednesday earnings call after initially announcing the closures in November 2024.
How many stores are in Mississippi? About 20% of stores in the Magnolia State have closed already, and five locations are currently listed for sale. Here’s what we know.
In releasing its fourth-quarter report Wednesday, the company reiterated its plans to close approximately 500 corporate stores, 200 independent locations and four distribution centers by mid-2025 as part of a “restructuring plan” initially laid out in 2024.
“During 2024, we initiated transformative actions to reposition Advance for long-term success and value creation,” said Shane O’Kelly, president and chief executive officer, in a news release Wednesday.
The company said it hopes to improve business performance by focusing on “core retail improvements” with hopes of achieving “consistent profitable growth.”
The plan includes the consolidation of distribution centers to operate 12 large facilities by the end of 2026, the opening of 60 market hub locations by mid-2027, and speeding up the pace of new store openings, according to the news release.
Advance Auto Parts’ stock had plummeted by roughly 18% Wednesday afternoon as investors reacted to the company’s 2025 sales guidance, The Motley Fool reported.
Multiple chain sales and store closures have affected Mississippi shoppers in recent months, including including Joann, Big Lots, Bargain Hunt and Party City. Other chains shuttering some stores include JCPenney, Kohl’s and Macy’s.
How many Advance Auto Parts stores are there? How many are closing?
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.
In a regulatory filing, the company reported it plans to close 523 corporate stores, leave 204 independent locations, and shut down four distribution centers.
Which Advance Auto Parts locations are closing?
While the exact number of stores that have already shuttered is unclear, customers can check Advance Auto’s store locator on its website for specific information on their local stores.
The company did note in its fourth quarter earnings release it had closed 40 Advanced Auto Parts and Carquest locations in the 52-week period ending Dec. 28, compared 42 stores that opened during that time frame.
How many Advance Auto Parts are in Mississippi? Where are they?
According to the Advance Auto’s store locator, there are more than 50 stores in Mississippi, a dozen are already closed.
Closed stores in Mississippi
Which stores are for sale?
And 24 Advance Auto Parts locations were listed for sale across 14 states by Hilco Real Estate. Hilco says the properties are available “individually or in any combination,” and includes stores at the following locations:
Mississippi
- Greenville: 2818 Hwy. 82 East
- Jackson: 2020 Raymond Road.
- Jackson: 205 West Northside Drive.
- Meridian: 2906 8th St.
- Picayune: 230 Memorial Drive.
Alabama
- Bay Minette: 101 McMeans Ave.
Arizona
- Mesa: 1201 West University Drive.
- Phoenix: 3246 West Indian School Road.
- Prescott Valley: 3484 North Glassford Hill Road.
Arkansas
- Fort Smith: 2620 Rogers Ave.
California
- Cathedral City: 68-580 Ramon Road.
Florida
- Clermont: 390 East Hwy. 50.
- Fort Myers: 3671 Cleveland Ave.
Georgia
Kansas
- Leavenworth: 2209 South 4th St.
Louisiana
- New Orleans: 2641 South Clayborne
Michigan
- Battle Creek: 1405 Columbia Ave. West
- Wyoming: 1784 28th St. SW.
North Carolina
- Greensboro: 5307 West Market St.
Texas
- Corpus Christi: 10765 Leopard St.
- McAllen: 1010 North 10th St.
- Weslaco: 154 North Texas Blvd.
Washington
Wisconsin
- Manitowoc: 3404 Calumet Ave.
Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at [email protected].
Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at [email protected] and follow her on X @nataliealund.
Bonnie Bolden is the Deep South Connect reporter for Mississippi with Gannett/USA Today. Email her at [email protected].
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