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Fred’s Stores Are All Closing

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MEMPHIS, Tenn. — Fred’s stores are calling it quits. The company will soon shutter all of its stores.
Locally, few Fred’s stores continue to operate. The store in Dresden is one of the last remaining stores in the region. McKenzie closed last month.

Fred’s, Inc. filed for chapter 11 bankruptcy.
The company plans to close its remaining stores over the next 60 days.
“Despite our team’s best efforts, we were not able to avoid this outcome,” Chief Executive Officer Joe Anto said in a statement. “I want to thank all of our employees for their hard work and continued support of the Company as we wind down our operations.”