MEMPHIS – The troubled times continue for Fred’s Discount Stores, as the one time giant announced today another round of store closings, including several in Arkansas. The Memphis based chain said today they’ll shutter the operations of 49 more locations.
The news comes just months after an April 11th announcement that 159 stores would shut down.
Locations in the state that will be affected include:
- Bald Knob: 170 Highway 167 N
- Beebe: 901 W Dewitt Henry Drive
- Brinkley: 1131 N Charlyne Ave.
- Cherokee Village: 200 Hospital Drive
- Clarksville: 409 W Main St.
- Crossett: 1164 Highway 133 N
- Hamburg: 700 N Main St.
- Heber Springs: 308 S 7th St.
- Morrilton: 601 N St. Joseph
- Sheridan: 624 S Rock St.
“Fred’s decision to close additional underperforming stores follows a continued evaluation of the Company’s store portfolio, including historical and recent store performance and the timing of lease expirations, among other factors,” the chain said in a release.
The pharmacies in many of the stores are expected to stay open.