Advance Auto Parts - Auto Parts Retailer Back on Track Thanks to Restructuring Program!

Business Driver: Advance Auto Parts (AAP) is one of the leading providers of automotive replacement parts and accessories in North America, with approximately 5,600 locations. It serves professional workshops, commercial customers, as well as end consumers who wish to maintain or repair their vehicles themselves. After facing significant issues due to weak demand and a challenging market environment, Advance Auto Parts is now looking to return to a growth path through cost-cutting measures and restructuring. In the recently concluded Q3, they reported...