Fred’s, Inc. announced it will close an additional 49 underperforming stores as part of an ongoing effort to optimize store footprint including the Ackerman store. Pharmacies will remain open at all locations named in the announcement – customers can continue to fill their prescriptions, receive vaccinations, and purchase over the counter medications.
Fred’s decision to close additional underperforming stores follows a continued evaluation of the Company's store portfolio, including historical and recent store performance and the timing of lease expirations, among other factors.
Fred’s will continue its partnership with Malfitano Advisors, LLC and SB360 Capital Partners to help manage the process and ensure a seamless experience for customers.
A list of the impacted stores in the state are:
2780 ROLLING FORK, MS 901 US 61 ROLLING FORK MS 39159
2533 OKOLONA, MS 511 W MONROE AVENUE OKOLONA MS 38860
1305 CALHOUN CITY, MS 71 HIGHWAY 8 E CALHOUN CITY MS 38916
2243 MACON, MS 59 FRONTAGE RD MACON MS 39341
2748 RICHTON, MS 403 FRONT ST RICHTON MS 39476
3070 TYLERTOWN, MS 3000 PLAZA DRIVE TYLERTOWN MS 39667
2430 NEWTON, MS 304 NORTHSIDE DR NEWTON MS 39345
3235 WIGGINS, MS 116 2ND STREET SOUTH WIGGINS MS 39577
2473 MANTACHIE, MS 67 WATSON DR MANTACHIE MS 38855
2175 LEXINGTON, MS 301 YAZOO ST LEXINGTON MS 39095
3368 WOODVILLE, MS 211 U.S. HWY 61 SOUTH WOODVILLE MS 39669
3053 TAYLORSVILLE, MS 402 PINE ST TAYLORSVILLE MS 39168
1920 INDIANOLA, MS 210 HIGHWAY 82 W INDIANOLA MS 38751
2613 PELAHATCHIE, MS 404 SECOND STREET PELAHATCHIE MS 39145
1893 HOUSTON, MS 905 N PONTOTOC ST HOUSTON MS 38851
1060 ACKERMAN, MS 318 N ALFORD ACKERMAN MS 39735
1470 DURANT, MS 33674 HIGHWAY 12 DURANT MS 39063
About Fred’s Inc.
Since 1947, Fred’s, Inc. has been an integral part of the communities it serves throughout the southeastern United States. Fred’s mission is to make it easy AND exciting to save money. Its unique discount value store format offers customers a full range of value-priced everyday items, along with terrific deals on closeout merchandise throughout the store. For more information about the Company, visit Fred’s website at www.fredsinc.com.
