Posted on 03/11/2025 4:51:30 PM PDT by davikkm
Advance Auto Parts has made a bold decision that will shake the automotive retail landscape: all 138 of its California stores and distribution centers are closing. This isn’t just a minor adjustment—this is a drastic move aimed at addressing the company’s serious financial woes. The closures, which are part of a broader restructuring plan, come at a time when Advance Auto Parts is grappling with deep financial losses and a weakened market position. This is a company under siege, fighting for its survival in an increasingly tough environment.
The closures, which first hit the news in November through a federal WARN notice, will impact over 1,600 employees across California. The company isn’t leaving its workers high and dry—employees were given a 60-day heads-up to prepare for what’s coming. Still, the reality is harsh, especially for those who’ve worked in these stores for years. The closures began in early February, and by mid-March, the final doors will shut, leaving a significant void in the state’s auto parts market.
(Excerpt) Read more at citizenwatchreport.com ...
Kinda tough to make it selling just tires and window washer fluid?
I know two of these stores that have paired up with Pep Boys auto services. Will the boys last?
AutoZone seems to be doing very well
As does O'Reilly's.
Commifornia is blatantly banning gas new cars by year 2035. There may be a strong market in the future for fixing existing gas cars there. Or new gas cars will be bought out of state. I guess we can call them backdoor alley cars. LOL
“Kinda tough to make it selling just tires and window washer fluid?”
I guess you have never been to one.
amazoing. and crappy too, especially as a number of other stores have been closing there
It was a woke leftist company. Like others, they attempted to indoctrinate their employees and word spread.
They needed to go belly up.
I thought for the last 10 years that the growth of Auto Parts stores was unsustainable.
My town (about 15K people) had three new stories open in 5 years.
Two pre-existing stores have been around for years.
One store, brand new building, closed less than a year after opening.
I don’t even know that many people that repair their own cars anymore, other than antique cars.
Another attack on anything that’s not electric. In a state that does not have enough electricity.
No different than drugstores. Look at Walgreens versus CVS versus Rite Aid.
Too much overhead moving from page to page on their website, when it works correctly. Everything way overpriced. Difficult to use coupon codes only made prices more or less normal. No one at counter when ordering ahead for pickup. Amazon is much easier.
One plus Autozone has is that they install batteries, replace wiper blades and will even give you a free code reading. Some stores will loan tools for parking lot repairs. I’m not sure if Advance does the same, but if not it’s a big miss.
For a lot of folks, it’s sort of the emergency room of auto repair.
If you joined O’Reilly or AutoZone 30 years ago as manager you would be a millionaire right now, due to their massive stock increases. But if joined Advance you would be broke.
O’rileys does those things too.
Smart move.
Electric cars don’t need many parts.......
Go woke, go broke!
That’s the privately owned business in South Africa. The publicly traded company in the US is doing well.
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