Advance Auto Parts closing 500 stores, cutting jobs as fewer opt to repair their own cars, they say
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antithesis
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Posted 12:39 pm, 11/15/2024
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Closing 523 stores plus another 204 independent locations...
The "problem" is that, with the exception of the 2020 Depression, we've had a booming economy since 2009. The wide majority make enough money that it's just easier to take their car to the dealership for a guaranteed repair... or just trade for a new car.
The days of shade tree mechanicery died as people didn't need them anymore.
Consider that in the near future we expect to see tariffs that will raise the costs of parts by up to 60%, too... the demand for auto parts will be even lower.
They would be better off if they closed all stores and just sold online... eliminate all of the overhead but still bank on name recognition. They would lose some sales to local stores, of course, but the majority would rather wait 2 days and save money.
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the dog's butler
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Posted 9:22 am, 11/15/2024
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What happened to the basic car that most people can fix?
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DB Cooper
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Posted 8:26 am, 11/15/2024
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I got a set of two front rotors and brake pads from Rock Auto back in the summer. The complete set cost me about $30 more than just one rotor from a local parts store. And it was Raybestos a good quality brand.
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Anonymoose
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Posted 8:19 am, 11/15/2024
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Online ordering will eventually put all retail stores out of business.
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Jimbojolly
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Posted 8:07 am, 11/15/2024
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The problem I've been having is that 50% of the parts I buy online are defective. It's a lot easier to return parts to a store like Advance than it is to return them to the online seller and then wait for the refund or even fight for it. I have had good luck with RockAuto, and 1A Auto.
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roaringriverman
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Posted 4:32 pm, 11/14/2024
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Example: ROCKAUTO.COM..always cheaper and fast delivery.
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gascon
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Posted 4:31 pm, 11/14/2024
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DB Cooper
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Posted 3:46 pm, 11/14/2024
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Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from fewer consumers opting to repair their cars, sending its shares up 4.5% in afternoon trading.
I think their problem is that you can buy most parts at least 50% cheaper online than at their stores. They've just got too greedy. Needed a camshaft position sensor, $30 online, $80 at parts store. An axle bearing, $80 at store $25 online.
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