Fred’s closing 129 stores, 12 in Alabama: Complete list of stores closures
Matt BosterViewed: 4631
Posted by: Matt Boster
Date: Jul 15 2019 9:35 AM
The chain will shutter 129 stores, leaving it with about 80 locations, USA Today reported. Going-out-of business sales have already begun.
"While it is never easy to make decisions that impact our valued employees and customers, this initiative represents another necessary step in our continued efforts to stabilize our business by simplifying our store portfolio and product assortment," Fred's CEO Joseph Anto said in a statement.
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