Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations. The announcement came as the struggling car parts retailer posted disappointing quarterly results.

An auto parts retailer with thousands of stores across the U.S. has announced plans to close locations as it attempt to improve its business. It hasn't been an easy year for several retail chains that have needed to declare bankruptcy or just shutdown completely. In just the past two months alone, we've seen: