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Dan Loeb's Third Point and activist Saddle Point have a stake in Advance Auto Parts and reached a settlement with the company that will give the activists three board seats. Tom Seboldt, Gregory Smith ...

Another chain store announced it is closing locations. A week after JoAnne Fabrics announced it was closing stores, Advance Auto Parts is continuing in its plan to shutter hundreds of stores and four ...

Over the past two years, Advance consolidated its U.S. distribution center (DC) network from nearly 40 facilities in 2023 to ...

The ubiquitous Advance Auto Parts will be less so in the next couple of years. The automotive parts retailer will shutter more than 700 locations by 2027. The move is part of an adjusted business plan ...

Dan Loeb, the billionaire founder of Third Point hedge fund, acquired an ownership stake in Advance Auto Parts — and struck a deal with the struggling company Monday to add three new directors to its ...

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Advance Auto Parts offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur ...

Advance Auto Parts Inc. appears to be opening a store the size of its “market hub” in Beauclerc Village at San Jose Boulevard ...

Advance Auto Parts has opened up shop in Cromwell, according to the business. The store, located at 136 Berlin Road, held “a ...