Total revenues (MM)Total revenue growth
$2,086.5-4.1%
StoresAvg sales per square foot
587$203
Avg store gross sq ftTotal employment
16,7009,816
Corporate NameFred's, Inc.
SectorDiscount & Variety Stores
HeadquartersMemphis, TN
Primary SIC Code5331 – Variety Stores
Primary NAICS Code452990 – All Other Gen. Merchandise Stores
Fiscal Year EndedJanuary 28, 2016

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 Jul 29, 2017, Fred's operated 587 stores, as well as 14 franchised stores in 15 Southeastern states.