southeast

Retail
Fred’s Closing More Stores

SB360 Capital Partners, an asset disposition firm, said it has been retained by Fred’s as the exclusive consultant to conduct store closing sales in 104 additional stores for the retailer.

Trade Shows
IHA Teams With Good360 For Hurricane Michael Relief

Regions of the country impacted by Hurricane Michael can receive assistance from Good360, the charity the International Housewares Association has partnered with to provide hurricane victims with home goods products as they rebuild their lives and homes. Last month, IHA partnered with Good360 to help the Carolinas recover from Hurricane Florence. 

Financials
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.

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