January 10, 2014

Regional discount retailer Fred’s is making some big changes to its merchandising and operations groups to begin 2014 and has retained several firms to review strategic opportunities.

December 5, 2013

Fred's Super Dollar on Wednesday reported a 1% increase in total sales, to $151.5 million, for the four weeks ended Nov. 30. Comparable-store sales for the month were flat versus a decline of 3.6% in the same period last year.

November 7, 2013

Fred's Super Dollar on Thursday reported sales gains for the four weeks ended Nov. 2, reaching $143.4 million on 2% growth.

June 6, 2013

Fred's Super Dollar posted sales of $152.4 million, up 0.2%, for the four weeks ended June 1.

March 28, 2013

Fred's will be looking to extend its pharmacy penetration to as high as 70% of all stores in the next three years.

November 20, 2012

Any trickle-down of an improving economy hasn't trickled down to Fred's consumer base, Bruce Efird, Fred's CEO, told analysts Tuesday morning in discussing the discounter's third-quarter results.

November 1, 2012

Fred's Super Dollar on Thursday reported an increase of 1% in total sales to $450.6 million for its third quarter ended Oct. 27.

August 28, 2012

Fred's reported that net income for the second quarter ended July 28 rose 19% to $6.1 million, compared with $5.1 million in the year-ago period.

December 1, 2011

Fred's on Thursday reported sales of $152.1 million, up 4%, for the four-week fiscal month ended Nov. 26. Comparable store sales for the month rose 1.5% on top of an increase of 4.7% in the same period last year.

November 22, 2011

Discount retailer Fred's realized positive third-quarter results, thanks to "strong customer traffic, higher gross margins in its general merchandise and pharmacy departments, as well as improved management of controllable operating costs," Fred's CEO Bruce Efird said.

August 25, 2011

Southeastern discount banner Fred's on Thursday morning reported that the consumer continues to be challenged by economic pressures.

August 4, 2011

Fred's on Thursday reported sales of $452.7 million, up 1% compared with the year-ago period, for the second quarter ended July 30.

May 5, 2011

Fred's tallied $141.8 million in sales, representing an increase of 3% for the four weeks ended April 30, the retailer reported Thursday.

March 3, 2011

Fred's on Thursday posted a 2% increase in sales totaling $153.6 million for the four weeks ended Feb. 26. Comparable-store sales for the month rose 0.9% versus an increase of 2% in the same period last year.

January 6, 2011

Fred's on Thursday posted a same-store sales lift of 0.2% for the five weeks ended Jan. 1, compared with an increase of 1.3% in the same period last year. Fred's total sales for the month increased 1% to $210.6 million.

November 30, 2010

Total sales and comparable-store sales both rose during the month of November for Fred's, the chain announced Tuesday.

November 3, 2010

Fred's on Wednesday reported $434.9 million in sales, up 3% for the third quarter ended...

September 1, 2010

Fred’s on Wednesday posted sales of $134.3 million, representing an increase of 5%, for the...

May 25, 2010

Despite posting a 4.2% loss in its net income for the quarter, Fred's was optimistic...

January 6, 2010

Deep discounter Fred's on Thursday posted $209.3 million in sales for the five weeks ended...