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https://en.wikipedia.org/wiki/Fred%27s
https://www.company-histories.com/Freds-Inc-Company-History.html
Fred's stores were typically located in a shopping center or "strip mall" (anchored by a high-traffic grocery store) in small to medium-sized towns. According to the 1993 Forbes article, Fred's could be profitable in a town with only 1,500 citizens, compared with Wal-Mart, which targeted towns with a population of 10,000 or more.
https://www.cnn.com/2019/09/09/business/freds-bankruptcy-closures/index.html
Fred’s, a 72-year-old discount chain, is closing all of its roughly 300 remaining stores and going out of business. The chain had as many as 557 stores earlier this year. The Memphis-based retailer...
https://www.cnbc.com/2019/07/12/freds-closes-129-additional-stores-and-holds-clearance-sales.html
Here is a full list of the stores that are closing: 120 SPRING BRANCH DR ALEXANDRIA AL 36250 13210 NORTH WINTZELL AVE BAYOU LA BATRE AL 36509 307 NORTH MULBERRY AVE BUTLER AL 36904 300 PARK DR...
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