Advance Auto Parts (NYSE:AAP) operates an extensive retail network that supplies replacement parts, automotive accessories, batteries, and essential maintenance items to both professional mechanics and individual consumers across North America. The retailer recently entered a definitive agreement to sell its Worldpac wholesale distribution business to Carlyle for $1.5 billion in cash, and it simultaneously lowered its full-year financial outlook. Chewy Inc. (NYSE:CHWY) functions as a comprehensive online e-commerce retailer providing food, medical supplies, and prescription medications for a wide variety of domestic pets throughout the United States.
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