general merchandise

Fred’s Comps Slide In September

For the five-week fiscal month of September, Fred’s posted a comparable store sales decline of 4.9% versus the month last year. Total sales for September slipped 5.5% to $199.9 million from the previous month last year.

Fred’s Comps Decline In Q2

Following the recent appointment of Michael Bloom as the retailer’s new CEO, Fred’s reported sales and income declines in its second quarter.