Total revenues (MM)Total revenue growth
$1,778.3-4.2%
StoresAvg sales per square foot
583$182
Avg store gross sq ftTotal employment
16,6009,106
Corporate NameFred's, Inc.
SectorDiscount & Variety Stores
HeadquartersMemphis, TN
Primary SIC Code5331 – Variety Stores
Primary NAICS Code452990 – All Other Gen. Merchandise Stores
Fiscal Year EndedFebruary 3, 2018

Fred’s operates discount general merchandise stores which offer pharmaceuticals, household goods, apparel and linens, food and tobacco products, health and beauty aids, and paper and cleaning products principally to low, middle, and fixed-income families. As of May 5, 2018, Fred's operated 583 stores, as well as 12 franchised stores in 15 Southeastern states.