Fred’s to close another 129 stores as future looks grim: see the store closure list

Discount merchandise retailer Fred’s is closing another 129 stores as the company’s swift contraction continues, placing its survival in doubt.

The chain said Friday that it would have about 80 stores left after the latest in a series of store closures.

The going-out-of-business sales begin Friday, July 12.

This round of closures includes 35 stores in Mississippi, 19 stores in Tennessee, 16 in Arkansas, 14 in Georgia, 13 in Arkansas and 12 in Louisiana. The company’s remaining pharmacies will stay open.

(See the full list of store closures below. Here’s the list of 49 store closures announced in June.)

More than 7,000 store closings are already in the works or completed so far in 2019 across the retail sector, according to Coresight Research. (See the closures here.)

Fred’s also said it would hold “inventory clearance sales across all stores in an effort to refocus its product mix, simplify its store portfolio and repay debt.”

Fred's will have about 80 stores remaining after its next round of closures. (Photo: SB360 Capital Partners)

Fred’s had 568 stores in 15 states in the southeastern U.S. as of Feb. 2, including 169 with full-service pharmacies, according to a court filing.

The fate of Fred’s has been shrouded in uncertainty since the company’s plans to profit from a mega-merger between pharmacy giants Walgreens Boots Alliance and Rite Aid collapsed in late June 2017 amid federal anti-trust concerns.

Fred’s, which was set to dramatically increase its store count as part of that deal, was instead left with no clear path to growth.

Recent store closure list: Fred’s closing another 49 stores this summer

More store closings coming: An estimated 12,000 shops could close by the end of 2019

The retailer has slashed costs aggressively, cut jobs and sold assets in pursuit of a sustainable business model.

The company is working with liquidators Malfitano Advisors and SB360 Capital Partners in the store liquidation sales.

“While it is never easy to make decisions that impact our valued employees and customers, this initiative represents another necessary step in our continued efforts to stabilize our business by simplifying our store portfolio and product assortment,” Fred’s CEO Joseph Anto said in a statement.

The retailer said it could reopen certain stores that are currently slated to close “under a new operating model, with an updated assortment.”

Here’s the latest list of store closures:

Alabama

Alexandria: 120 Spring Branch Dr

Bayou La Batre: 13210 North Wintzell Ave

Butler: 307 North Mulberry Ave

Clanton: 300 Park Dr

Daleville: 340 Virginia Ave

Elba: 996 Highway 203

Guin: 7250 Us-43

Haleyville: 916 21st St.

Jasper: 280 Highway 78 W.

Red Bay: 525 4th Ave. NE

Rogersville: 16100 Hwy 72

Vernon: 9574 Hwy-18

Arkansas

Dequeen: 808 W. Collin Raye Dr.

Dumas: 611 Us 65 S

Harrisburg: 1301 North Illinois Ave

Holiday Island: #2 Forest Park Ave

Lake Village: 1218 Us-82

Manila: 801 South Highway 77

Marianna: 438 South Alabama St.

Marked Tree: 103 Dawson St.

Nashville: 614 South Main St.

Piggott: 303 E. Main St.

Pine Bluff: 2809 South Camden Rd

Star City: 1309 S Lincoln St.

Vilonia: 10 Eagle St.

Warren: 507 W. Pine

West Helena: Hwy 49 Twin City S/C

Yellville: 320 Hwy 14 South

Florida:

Bonifay: 1718 South Waukesha St.

Madison: 935 E. Highway 90

Monticello: 1150 N Jefferson St.

Georgia

Alma: Williams St.

Byron: 214 Hwy 49

Chatsworth: 1009 North 3rd Ave

Chickamauga: 93 Bushrod Johnson Ave

Darien: Hwy 17 North

Greensboro: 203 N Main St.

Helena (Mcrae): 124 8th St.

Hiawassee: 534 Bell Creek Rd

Hogansville: 2001 Billy Tucker Cl

Nashville: 719 South Davis St.

Social Circle: 1567 N Cherokee Rd

Sylvester: 204 E. Kelly St.

Washington: 923 N Bypass E.

Wrens: 605 N Main St.

Illinois

Mcleansboro: 213 W. Randolph St.

Kentucky

Burkesville: 260 Keen St.

Cadiz: 1938 Main St.

Tompkinsville:  509 North Main St.

Louisiana

Arcadia: 1311 North Hazel St.

Benton: 5604 Hwy 3

Bossier City: 5590 Barksdale Blvd

Bunkie: 109 Chevy Ln

Columbia :8155 Us 165

East Monroe: 522 Lincoln Rd

Haughton: 1075 Hwy 80 E.

Homer: 902 W. Main St.

Kinder: 715 1st Ave

Ruston: 2019 Farmerville Hwy

St Francisville: 7139 U.S Hwy 61

Sterlington: 1320 Sr-2

Missouri

East Prarie: 125 E Main St.

Portageville: 499 W. Hwy 162

Mississippi

Baldwyn: 441 N Fourth St.

Bay Springs: 2675 Hwy 15

Belzoni: 520 North Hayden St.

Bruce: 403 W. Calhoun St.

Canton: 229 North Union

Carthage: 300 South Pearle St.

Centreville: 456 Hwy 24

Charleston: 304 W Main St.

Clarksdale: 236 Desoto Ave

Collins: 1211 South Fir Ave

Dekalb: 14916 Sr-16

Eupora: 300 Sr-9

Flora: 101 Mansker Dr.

Fulton: 1409 Adams St.

Greenwood: 2616 Hwy 82 E.

Iuka: 615 Hwy 25 South

Jackson Old Canton: 6230 Old Canton Rd

Leakesville: 951 Main St.

Louisvillle: 502 South Church

Marks: 1039 Martin Luther King Dr.

McComb: 1618 Delaware Ave

Mendenhall: 3050 Simpson, Hwy 13

Monticello: 1509 Broad St. W.

Natchez: 31 Sgt Prentiss Dr.

New Albany: 126 W. Main St.

Poplarville: 1388 South Main St.

Prentiss: 1635 Columbia Ave

Purvis: 509 Hwy 589

Saltillo: 111 Willow Brook Dr.

Southaven: 710 Church Road

Southaven: 2110 Goodman Road E.

Sumrall: 4233 Rocky Branch Road

Tunica: 1038 Us 61

Water Valley: 409 Duncan St.

Winona: 603 Middleton Rd

North Carolina

Andrews: 118 Main St.

Carthage: 102 Mcreynolds St.

Shelby: 1528 South Lafayette St.

South Carolina

Abbeville: 763 Sr-28

Andrews: 311 E. Main St

Belton: 116 River St.

Edgefield: 227 Apple Square Plaza

Williamston: 297 South Hwy 20

Tennessee

Alamo: 1200 W. Church St

Arlington: 11888 Hwy 70

Dover: 1560 Donelson Pkwy

Erin: 5897 E. Main St.

Henderson: 535 W. Main

Linden:  88 Lovelville Hwy

Livingston: 890 E Main St.

Maynardville: 3561 Maynardville Hwy

Mckenzie: 87 South Main St.

Memphis Lamar: 1290 Lamar Ave

Monterey: 250 E. Stratton Ave

Parsons: 501 Tennessee Ave North

Pikeville: 327 N. Main St.

Somerville: 16280 Us-64

Tiptonville: 730 Everett St.

Trenton: 2045 Us 45 

Waynesboro: 307 Hwy 64  E.

Westmoreland: 5305 New Highway 31 E

White Bluff: 4928 Hwy 70

Texas

Daingerfield: 218 Watson Blvd

Fairfield: 375 W Hwy 84

Hawkins: 850 N Beaulah St.

Pittsburg: 113 North Greer Blvd

Here’s the list of stores remaining open:

Alabama:

Camden: 24 Camden Bypass

Citronelle: 19580 N. 3rd St

Columbiana: 21665 Hwy 25

Dadeville: 17916 Hwy 280

Demopolis: 505 US-80

Eutaw: 206 Greensboro Ave.

Evergreen: 320 Belleville Street

Headland: 804 Cleveland St.

Heflin: 731 Ross St.

Lincoln: 47950 Us 78

Lineville: 50 Talladega St.

Livingston: 720 N Washington St.

Luverne: 821 South Forest Ave.

Midfield: 165 Bessemer Super

Montevallo: 4559 Hwy 25

Moody: 1001 Crossroads Plaza Dr.

Opp: 505 N. Main

Phenix City: 3920 Us-80

Rainbow City: 110 Sutton Square

Rainsville: 160 W. Main St.

Warrior: 213 Park Dr.

Georgia:

Adairsville: 5132 Joe Frank Harris Pkwy

Ashburn: 316 E. Washington

Blackshear: 3764 East Hwy 84

Clarksville: 200 E. Louise St.

Claxton: 413 N. Duval

Columbus: 1900 Auburn Ave.

Commerce: 185 S. Elm St.

Cuthbert: 101 N. Webster St.

Dawson: 839 Forrester Dr.

Donalsonville: 409 W. 3rd St

East Dublin: 705 US-80

Eastman: 103 Fourth Ave.

Glennville: 726 Sr-144

Gray: 106 Bill Connector Pkw.

Hawkinsville: 525 Broad St.

Hephzibah: 2872 Tobacco Rd

Homerville: 369 S. Church St.

Lafayette: 307 W. Patton St.

Lake Park: 265 Lakes Blvd.

Lakeland: 512 S. Valdosta Rd.

Lavonia: 11747 Augusta Blvd.

Leesburg: 1705 Philamena Rd. S.

Metter: 978 E. Broad St.

Millen: 506 N. Highway 25

Montezuma: 506 Spaulding Rd.

Mount Vernon: 601 S. Mason St.

Reidsville: 139 W. Brazell St.

Statesboro: 604 Northside Dr. W.

Sylvania: 518 West Ogeechee St.

Trenton: 12596 N. Main St.

Indiana:

Oakland City: 1310 W. Morton

Louisiana:

Franklinton: 708 Washington St.

Haughton: 200 N. Elm St.

Ringgold: 2866 Bienville Hwy.

Mississippi:

Batesville: 475 Hwy. 6 E.

Booneville: 504 N. 2nd St.

Byhalia: 15 E. Stonewall Rd.

Kosciusko: 340 Sr-12

Morton: 5186 Hwy. 80 E.

Nettleton: 7122 Will Robbins Hwy.

Olive Branch: 7105 Cockrum St.

Pontotoc: 170 Highway 15 N.

Ripley: 706 City Ave. N.

North Carolina

Bryson City: 250 Hwy. 19 S.

Burnsville: 677 US 19

Canton: 70 New Clyde Hwy.

Lenoir: 1346 Norwood St. SW

South Carolina

Bamberg: 3606 Main St.

Chesnee: 401 S. Alabama Ave.

Greenwood: 2544 Hwy 25 S.

Honea Path: 518 E Greer St.

Johnsonville: 198 Stuckey St.

Kingstree: 480 Nelson Blvd

Saluda: 437 N. Main St

Varnville: 181 West Carolina Ave.

Tennessee

Counce: 9810 Hwy. 57 S.

Dresden: 8487 Sr-22

Monteagle: 829 W. Main St.

Mountain City: 100 Pioneer Village Dr.

Contributing: Kelly Tyko

Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey.

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