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Fred’s Files for Bankruptcy Protection, Plans to Close All Stores

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Coresight Research

Key Points

On September 9, 2019, retail discounter Fred’s announced that it had filed for Chapter 11 bankruptcy protection and plans to close all its stores.

  • The company will begin to wind down operations and close locations over the next 60 days.
  • As of May 4, 2019, Fred’s had 556 stores in 15 states in the US, including 169 with full-service pharmacies.
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