Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

NEW YORK — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations as part of its efforts to revive its struggling business.

A nationwide auto parts company is closing hundreds of its stores. In the release, Advance Auto Parts is going to be prioritizing store operations, excellence in merchandising and the supply chain. “The company is executing a strategic plan to improve business performance with a focus on core retail improvements,