"During 2024, we initiated transformative actions to reposition Advance for long-term success and value creation," said Shane O'Kelly, president and chief executive officer, in a news release Wednesday .

The company said it hopes to improve business performance by focusing on "core retail improvements" with hopes of achieving "consistent profitable growth."

The company plans to close the more than 700 locations by mid-2025, consolidate its distribution centers into 12 large facilities by the end of 2026, open 60 market hub locations by mid-2027, and optimize its transportation routes and freight to lower costs and improve productivity, the release said. There are also plans to standardize the remaining stores and accelerate the pace of new store openings.

As of Dec, 28, 2024, Advance operates 4,788 stores, according to its website . It also previously owned 321 Worldpac branches but CNN reported that they sold those recently for $1.5 billion.

Other major chains that have closed locations in the last year amid financial troubles include Red Lobster , Big Lots , Hooters , TGI Fridays , Conn's HomePlus , Outback Steakhouse and more.

Will Florida mechanics and vehicle owners lose their local shop? Here’s what to know.

Big Lots, Family Dollar, Red Lobster: Which chains have closed locations in 2024?

Which Advance Auto Parts locations in Florida are closing?

The company has not released a list. However, customers can check Advance Auto's store locator for specific information on their local stores.

How many Advance Auto Parts stores are there in Florida?

There are over 520 Advance Auto Parts stores currently in operation in Florida. That total includes 31 in Miami, 26 in Jacksonville, 23 in Orlando, 20 in Tampa, 11 in Fort Myers, and seemingly at least one in most Florida cities.

Since September 2023, the company has closed locations in Florida in Apalachicola, Eastpoint, Graceville and Jensen Beach, and opened new ones in Beverly Hills, Port Richey and Santa Rosa Beach, according to a comparison with an archived store locator page .

You can find your closest Advance Auto Parts location using the store locator on the chain's website.

Gabe Hauari, Natalie Neysa Alund, USA TODAY, contributed to this story.