LOS ANGELES, CA – Advance Auto Parts will shut down all remaining locations in California by mid-March as part of a massive restructuring effort, the company confirmed.
The closures, initially announced in a federal WARN notice in November, will eliminate 137 stores statewide and result in more than 1,600 job losses. Store closures began in early February and are part of a broader plan to shutter over 725 locations nationwide.
The move comes as Advance Auto Parts struggles with declining demand, with fewer drivers opting to repair their vehicles. The company reported an operating loss of $820 million in the fourth quarter…