4300 New Getwell Rd
Memphis, TN, 38118 United States
Russell 2000 (June 2015)
Those whose greenbacks feature George and Abe rather than Andrew and Ulysses may very well shop at Fred's. Generally serving customers with modest or fixed incomes, Fred's operates more than 650 discount stores in some 15 states, primarily in small- to medium-sized towns in the Southeast. The stores carry more than 12,000 brand-name, off-brand, and private-label products, including pharmaceuticals, household goods, clothing and linens, food and tobacco items, health and beauty aids, and paper and cleaning supplies. Nearly 60% of its stores have full-service pharmacies. The company also provides goods and services to some 20 franchised Fred's stores. Founded in 1947, Fred's is exploring strategic alternatives.