Fred’s closing 159 stores nationwide

Local News
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Fred’s, Inc., has announced that it is closing 159 stores, including the two in Monroe and Jonesboro.  

The company made the decision to close “underperforming stores” following an evaluation of the stores’ portfolios, “including historical and recent store performance and the timing of lease expirations, among other factors.”

The Memphis-based retailer operates about 600 general merchandise and pharmacy stores, including 13 franchised locations.

To see a complete list of store closures: click here

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