Thread regarding Advance Auto Parts Inc. layoffs

Ohio stores closing the doors

Just heard from a reliable source several underperforming stores in Ohio will be closing down soon. I'm sure this will only be the tip of the iceberg.

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Post ID: @OP+PVakW6d

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Looks like Mr. Bubble is back!

Mr.Bubble, you need to understand this business before you post. Go study up and maybe post your Auto Bubble bursting theory in a financial forum.

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Post ID: @1kaz+PVakW6d

@PVakW6d-duf

What does this have to with AAP?

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Post ID: @bud+PVakW6d

Auto bubble popping = AAP business falling hard.

Biggest auto loan bubble in all of history is blowing up in real time. People missing payments, having cars repo'd, etc all due to being sold cars they had no business buying in the first place.

Loose credit gone absolutely wild is all that there was to the auto sales boom and now it's time to pay the piper.

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Post ID: @duf+PVakW6d

Signs went up in about 5 NY stores that were former CQ stores that they are closing. I have friend who is effected.

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Post ID: @ppa+PVakW6d

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