MEMPHIS – The Fred’s chain of discount stores announced today they would close some 159 stores across the country, including a number of locations across Arkansas. The retailer blamed slumping sales for the move.

A “going out of business” sale will begin at many of the locations today, as the chain said in a statement they would reduce their footprint and explore “strategic alternatives”.

Arkansas locations that will close their doors include:

  • Bryant: 3395 Highway 5 N
  • Cabot: 207 S 2nd St
  • Conway: 245 Oak St
  • Conway: 1125 Morningside Dr
  • El Dorado: 430 S Bradley Ave
  • Forrest City: 2227 N Washington St
  • Harrison: 617 Highway 62 65 N
  • Hope: 535 N Hervey St
  • Jonesboro: 2308 S Caraway Rd
  • Mena: 1201 Highway 71 S
  • Mountain Home: 509 Hwy 62 E.
  • Newport: 1705 Malcolm Ave
  • Osceola: 1324 W Keiser Ave
  • Paragould: 1723 W Kings highway
  • Prescott: 1426 W 1st St N
  • Russellville: 3303 W Main Pl
  • Searcy: 2706 E Race Ave
  • Stamps: 1110 E Antigo St
  • West Memphis: 606 E Broadway St

According to USA Today, sales at Fred’s stores open at least a year fell 4.9 percent in the first nine months of 2018, compared with a year earlier.

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