Despite a solid fourth quarter, its shares actually fell last week after its earnings announcement.

Advance Auto Parts recently completed the sale of its Worldpac wholesale distribution business to Carlyle for US$1.5 billion in cash, aimed at simplifying its business and prioritizing core domestic ...

Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for $1.5 billion, striking the first major industrial investment for the firm in more than two years. Worldpac, a wholesale ...

Advance Auto Parts sold its Worldpac subsidiary to the Carlyle Group and is to shutter stores. (Photo by Tierney L. Cross/Getty Images) Automotive parts retailer Advance Auto Parts is hoping that less ...

Major auto parts maker First Brands Group, LLC. filed for bankruptcy protection over the weekend — revealing billions of mounting debt in the process. The auto parts manufacturing company filed for ...