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Stock impact report

Bankruptcies Led Store Closure Announcements in 2024 [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
There were more than 6,000 announced store closures, according to data from Coresight Research, which includes restaurant and drugstore chains. That tally outpaces the 5,553 closures in 2023 and represents the highest number of doors shuttered since 2020 when around 9,700 locations were closed. More from Sourcing Journal 'Unauthorized and Fraudulent Transactions' at Center of Trucking Bankruptcy Yellow Offloads Another Dozen Terminals for $192.5 Million Going Concern Risks Rise at The Container Group Closures spanned different retail categories from more than 700 at Advance Auto Parts to 1,200 Walgreens over the next three years to 140 locations at fast-food chain Wendy's and 150 Denny's restaurant doors. The latest announcement came from Party City, which already survived one tour of bankruptcy last year. On Saturday, the beleaguered party supply retailer said it had started a wind-down process that would see going out of business sales at its 700 store locations. The lo Show less Read more
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