Content about Memphis, Tennessee

October 10, 2013

Fred's sales increased to $177.3 million in September, the discount store chain said Thursday.

MEMPHIS, Tenn. – Fred's sales increased to $177.3 million in September, the discount store chain said Thursday.

The Memphis, Tenn.-based company, which operates 702 stores in the South, said the monthly sales figures represented a 4% increase over September 2012. Same-store sales increased by 2.8%, compared with a 3.8% decrease last year.

For the year to date, sales were $1.3 billion, a 1% increase over $1.3 billion during the same period last year. Same-store sales increased by 0.8%, compared with a 1.2% decrease last year.

August 8, 2013

Fred's posted a boost in sales for both the month of July and the second quarter, and noted that pharmacy experienced both comparable sales and scripts increases for the second-consecutive month.

MEMPHIS, Tenn. — Fred's posted a boost in sales for both the month of July and the second quarter, and noted that pharmacy experienced both comparable sales and scripts increases for the second-consecutive month.

Fred's total sales for the month increased 4% to $142.2 million from $136.8 million in the year-ago period. Same-store sales for the month increased 2.5% on top of an increase of 1.2% in the same period last year.

May 21, 2013

Fred's announced that its board of directors has declared a quarterly cash dividend of $0.06 per share.

MEMPHIS, Tenn. — Fred's Inc. today announced that its board of directors has declared a quarterly cash dividend of $0.06 per share.

The dividend is payable on June 17, 2013, to shareholders of record as of June 3, 2013.

Fred's Inc. operates 715 discount general merchandise stores, including 21 franchised Fred's stores, in the southeastern United States. For more information about the company, visit Fred's website at www.fredsinc.com.

September 1, 2010

Fred’s on Wednesday posted sales of $134.3 million, representing an increase of 5%, for the...

March 23, 2010

A pharmacy school in the Volunteer State has received a $4.5 million donation from the...

February 2, 2010

CVS/pharmacy celebrated on Wednesday the grand opening of its first store in the city of...