Advance Auto Parts has revealed plans to close more than 700 stores nationwide, marking a significant reduction in its retail footprint amid declining sales and changing consumer preferences. The company has faced pressure due to fewer customers opting for auto repairs, which has led to sluggish demand and disappointing earnings reports. In addition to the store closures, Advance Auto Parts will be cutting jobs as part of its strategy to improve profitability and streamline operations. The closures are expected to occur over the next few years, including a notable exit from the Western U.S. market.