NYSE:AAPSpecialty Retail
Advance Auto Parts Resets With New Rewards Program And Store Overhaul
Advance Auto Parts (NYSE:AAP) has launched a new tiered loyalty program, Advance Rewards, replacing its Speed Perks offering.
The company is rolling out an extensive restructuring effort that includes closing more than 700 stores and opening larger market hub locations.
These moves are part of a broader push under CEO Shane O'Kelly to reshape operations and customer engagement.
Advance Auto Parts enters this reset with shares at $50.70 and a mixed performance profile. The stock is up 30.4%...