Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

The automotive retail landscape is facing a significant shake-up as Advance Auto Parts, one of America's largest automotive parts retailers, announced a dramatic restructuring plan that includes closing 523 corporate stores and severing ties with 204 independent locations.

Car pros and DIYers will have to drive a little farther or wait a little longer for new parts and accessories.