Fred’s closing 159 stores nationwide

Local News
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Fred’s will close 159 stores due to underperformance by the end of May.  

Fred’s CEO Joseph Anto says, “After a careful review, we have made the decision to rationalize our footprint by closing underperforming stores, with a particular focus on locations with shorter duration leases. Most of these stores have near‐term lease expirations and limited remaining lease obligations.”

Click here for a list of stores closing.

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