Fred’s, the value-focused retailer, has announced that they will be closing 159 “underperforming stores” across the southeast by the end of May, and 31 of those stores are in Mississippi.
In a press release, the company stated that the decision to close these stores was difficult, but it was necessary.
“After a careful review, we have made the decision to rationalize our footprint by closing underperforming stores, with a particular focus on locations with shorter duration leases. Most of these stores have near-term lease expirations and limited remaining lease obligations. Decisions that impact our associates in this way are difficult, but the steps we are announcing are necessary. We will make every effort to transition impacted associates to other stores where possible.”
The list of Mississippi closures can be seen below.
|626 22ND AVE S||MERIDIAN|
|520 CENTRAL AVE||COLDWATER|
|148 W VAN DORN AVE||HOLLY SPRINGS|
|3031 GOODMAN RD W||HORN LAKE|
|1600 S COLORADO ST||GREENVILLE|
|7616 HIGHWAY 80||GREENVILLE|
|306 E SUNFLOWER RD||CLEVELAND|
|302 NORTH MAIN ST.||LELAND|
|809 VARSITY DR||TUPELO|
|1776 MCCULLOUGH BLVD||TUPELO|
|813 W PARK AVE||GREENWOOD|
|2932 HIGHWAY 49 S||FLORENCE|
|237 WOODLAND DR||FOREST|
|1700 SIMPSON HWY||MAGEE|
|422 W CUNNINGHAM AVE||TERRY|
|1200 JERRY CLOWER BLVD||YAZOO CITY|
|540 RAYMOND RD||JACKSON|
|225 MEADOWBROOK RD||JACKSON|
|235 GEORGE WALLACE DR||PEARL|
|7261 S SIWELL RD||BYRAM|
|714 PECAN AVE||PHILADELPHIA|
|1000 BROADWAY DR||HATTIESBURG|
|HWY 13 NORTHGATE S/C||COLUMBIA|
|1693 HIGHWAY 90||GAUTIER|
|3176 BIENVILLE BLVD||OCEAN SPRINGS|
|2511 INGALLS AVE||PASCAGOULA|
|218 S WHITWORTH AVE||BROOKHAVEN|
|304 5TH ST S||COLUMBUS|
|201 G ALABAMA ST||COLUMBUS|
|107 N MERIDIAN ST||ABERDEEN|
|26591 E MAIN ST||WEST POINT|
Liquidation sales at the 159 stores currently designated for closure have begun while the company’s 398 other stores will remain open.
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