Fred's, Inc. · Memphis, TN United States ·(NASDAQ (GS): FRED)

Those whose greenbacks feature George and Abe rather than Andrew and Ulysses may very well shop at Fred's. Generally serving customers with modest incomes, Fred's operates about 640 discount stores in 15 states, primarily in small 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. About 45% of its stores have full-service pharmacies; it also fills mail-order prescriptions. The company also provides goods and services to some two dozen franchised Fred's stores. Fred's was founded in 1947. To read the full description, subscribe now.