CarParts.com Inc., a Nasdaq-listed retailer of automobile parts, has secured a $35 million investment from a consortium of global industry leaders, including ZongTeng Group, A-Premium, and CDH Investments, to support its growth plans and expansion i…

CarParts.com Inc. faces financial challenges and explores strategic alternatives, while its former CEO Lev Peker takes on a new role at Diversified Foodservice Supply.

CarParts.com Inc. reported a decline in net sales and a widening net loss for the first quarter of 2025, citing gross margin compression and a challenging advertising spend climate.