Fred’s Inc. is a leading discount general merchandise store and pharmacy in the Southeastern U.S. with approximately $2 billion in revenue and 600 stores.
Fred’s Inc. and subsidiaries operate in 15 states with 304 full-service pharmacy departments located within Fred’s stores, including four franchised locations. Additionally, Fred’s Inc. has 57 Xpress pharmacy locations, three specialty pharmacy locations and more than 600 discount general merchandise stores chain-wide. Fred's stocks more than 12,000 frequently purchased items addressing the daily needs of its customers.
The first Fred's store opened in Coldwater, Mississippi in 1947. In 1953, Fred's moved its corporate headquarters to Memphis, Tennessee. Since 2018 the company moved to Dallas, Texas it's management.