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Stock impact report

Advance Auto Parts Resets Store Network And Bets On Advance Rewards [Yahoo! Finance]

Advance Auto Parts Inc. (AAP) 
Last advance auto parts inc. earnings: 2/18 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Advance Auto Parts (NYSE:AAP) has introduced Advance Rewards, a refreshed loyalty program aimed at strengthening customer engagement. The company is closing more than 700 locations and shifting toward larger market hub stores as part of a broad restructuring led by CEO Shane O'Kelly. These moves are intended to support operational performance, profit margins, and customer retention across the retail and professional auto parts segments. Advance Auto Parts, a major U.S. auto parts retailer serving both do-it-yourself customers and professional repair shops, is reshaping how its store network operates. The new hub-focused model, combined with the Advance Rewards program, comes at a time when parts availability, delivery speed, and loyalty benefits have become central themes across the industry. For investors watching NYSE:AAP, the pairing of a new rewards program with a large-scale store reset is a key development to track. How effectively the company executes on consolidating Show less Read more
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