More Fred’s Stores to Be Shuttered

MEMPHIS, Tenn – Fred’s Stores announces more closings. Last month they announced the closing of 159 stores. That list included stores in Tyler, Whitehouse, Lindale, Kilgore and Gladewater. Those stores were suppose to be closed by the end of this month. On Thursday, the company announced it would be closing an additional 104 stores. Included on that list are stores in White Oak and Hallsville. Those stores are scheduled to be closed by the end of next month. The company said the closures are taking place at “underperforming” and “unprofitable” stores.