Fred’s is about to close 159 stores with liquidation sales beginning now, and yes, the Centre store in the Cherokee Plaza is among those on the chopping block.
According to reports sales fell 4.9% during the first nine months of 2018 at Fred’s locations – ultimately leading to what will be the closing of some 29% of their stores, in an attempt to re-group and restructure. Stores will be closing across a total of 13 states, and are expected to be shuttered by the end of May.
A spokesperson said the company has no plans to file for bankruptcy. The majority of those stores being affected are located in Alabama, Georgia and Tennessee.
Alabama
- Anniston: 1544 Greenbrier Ln
- Branchville: 13254 Hwy 411
- Center Point: 1683 Center Point Pkwy
- Centre: 710 Cherokee Plaza
- Enterprise: 621 Boll Weevil Cir
- Florence: 321 N Court St
- Florence: 4150 Florence Blvd
- Foley: 1200 N Mckenzie Street
- Guntersville: 1477 Sunset Dr
- Hoover: 3317 Lorna Rd
- Hueytown: 3056 Allison Bonnett Memorial Dr
- Lanett: 622 Cherry Dr
- Marion: 1549 Highway 5 S
- Monroeville: 1318 S Highway 21 Byp
- Roanoke: 3077 Highway 431
- Russellville: 13150 Highway 43
- Sylacauga: 212 W Fort Williams St
- Talladega: 65364 Hwy 77
- Tuscumbia: 1401 Woodmont Dr