BNET Industries
Market Cap:$363.3M
Last Fiscal Year Sales:$1.7B
- Public
- US
Dow Jones Description
Since the first Fred s store opened in 1947, we have continuously given our guests the best values on everyday essentials! You will find everything your heart desires at Fred s. We offer everything from quality apparel for all ages of the family to great seasonal items with prices you don t want to miss! Visit our products page which lists all of Fred s great departments. Many of our Fred s stores also offer a pharmacy with skilled pharmacists ready to answer any prescription or medical question that you have. Want to find the nearest Fred s store or pharmacy? Just check out our store locator page. We can t wait to see you at Fred s!
Director, Trng
John McMorroughNumber of Employees 9,979
Peer Companies
NAICS Code All Other General Merchandise Stores: 452990
Recent Events
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Fred's Dec. Comps. Up 4% - Update
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Northeast Retail Sales Slammed by Storm
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Freds November sales disappoint
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Fred's FRED Comps Down 3.3% in November 2009; Sales Down 2%
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Fred's Reports Third Quarter Results
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Jarrett to serve as Constantine's deputy executive
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Fred's October sales dip, Q3 sales rise
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Fred's FRED Reports 0.4% Rise in October Same Store Sales
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Report: Fred's to open two stores in Kentucky
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Freds reports strong September sales
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Fred’s Key Sales Measures See Increases in Sept.
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Fred's opens new prototype store in Bartlett, Tenn.
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Watson Pharmaceuticals, Inc. WPI Names G. Frederick Wilkinson Executive Vice President, Global Brands
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A Big Jump for Oxford; Fred's Falls
News & Analysis
Filter by
fred's inc. and rose's stores inc. - All News and Analysis
Fred's-Rose's deal dead.(planned merger between Fred's Inc. and Rose's Stores Inc.)(Brief Article)
NEW YORK FNS -- The planned merger between Fred's Inc. and Rose's Stores Inc. is dead. In a joint statement, the two Southeastern-based discounters said the previously announced merger had been terminated. No further information was given and phone calls were not returned. ...
Fred's Inc. Cancels Plan to Buy Rose's Stores Inc.(Originated from The Commercial Appeal, Memphis, Tenn.)
Aug. 21--Fred's proposal to buy Rose's Stores Inc. was called off Tuesday, the victim of Rose's declining financial condition. Fred's Inc. shareholders were to have voted on the acquisition at the company's annual meeting Tuesday, but it was killed by the board of directors before...
Fred's Inc. Shareholders Won't Vote on Rose's Stores at Annual Meeting.(Originated from The Commercial Appeal, Memphis, Tenn.)
Aug. 20--Fred's Inc. shareholders will not vote on the acquisition of Rose's Stores Inc. at their annual meeting today because of Rose's dismal second-quarter earnings report. The Henderson, N.C.-based retailer lost $2.7 million, or 31 cents a share, in the quarter, compared to a loss of...
Fred's Inc. And Rose's Stores, Inc. Announce Termination Of Merger Agreement
MEMPHIS, Tenn.--BUSINESS WIRE--Aug. 20, 1996--Fred's, Inc. (Nasdaq/NM:FRED) and Rose's Stores, Inc. (Nasdaq/NM:RSTO) today announced that the previously announced merger agreement, providing for the acquisition of Rose's Stores, Inc. by Fred's, Inc., has been terminated.Fred's operates 207 stores and Rose's operates 105 stores, in the southeastern United States.CONTACT: Fred's, Inc.Bruce...
Stockholders to OK Fred's/Rose's merger - approval of Fred's Inc. merger with Rose's Stores Inc. expected at August 20, 1996, meeting
MEMPHIS, TENN. -- The anticipated merger of Fred's and Rose's Stores will likely get the stamp of approval from Fred's stockholders at a special meeting Aug. 20, creating a $1.1 billion company.
Fred's, Rose's agree to merge. (Fred's Inc., Rose's Stores Inc.)(Brief Article)
NEW YORK--Fred's Inc. and Rose's Stores Inc. have agreed in principle to merge. The merger of the two discounters is subject to the execution of a ... NEW YORK--Fred's Inc. and Rose's Stores Inc. have agreed in principle to merge. The merger of the two discounters...
Fred's, Inc. And Rose's Stores, Inc. Reach Agreement In Principle
MEMPHIS, Tenn. and HENDERSON, N.C.--BUSINESS WIRE--March 1, 1996--Fred's, Inc. (Nasdaq/NM:FRED) and Rose's Stores, Inc. (Nasdaq/NM:RSTO) today jointly announced that they have entered into an agreement in principle regarding the acquisition by merger of Rose's by Fred's. Under the terms of the agreement in principle, stockholders of Rose's would receive...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| John McMorrough | Director, Trng |
| Bruce Efird | President & CEO |
| Roger T. Knox | President and Chief Executive Officer |
| John D. Reier | President |
| Dennis Curtis | Executive Vice President and General Merchandise Manager |
| Gerald E. Thompson | Coo |
| Jerry A. Shore | Cfo |
| Jim Deats | CIO & Senior Vice President, MIS |
| Charles Brunjes | Executive Vice President, Mdsg |
| Earl Taylor | Vice President |
| John Casey | Executive Vice President, Pharmacy Acquisitions |
| Mary McNabb | Executive Vice President |
| Reggie Jacobs | Executive Vice President, Distribution and Corporate Services |
| Rick A. Chambers | Executive Vice President, Pharmacy Operations |
| Charles Vail | Corporate Secretary, Senior Vice President Legal Services and General Counsel |
| David B. Mueller | Senior Vice President |
| David Hughes | Senior Vice President, Info Sys |
| Erin Christensen | Senior Vice President |
| Geoff Collins | Senior Vice President, Finance |
| Jamie Naughton | Senior Vice President |
| Richard Channell | Senior Vice President |
| Alan C Crockett | Vice President |
| Barry Maxwell | Vice President |
| Charles Michael | Vice President |
| Getwell New | Vice President |
| Jamie Naughcon | Vice President, HR |
| Jimmy L. Sykes | Vice President |
| Joey Bivins | Vice President |
| Julie Boland | Vice President, Sys Development |
| Merle McGruder | Vice President |
| Roger Tyler | Vice President |
| Tom Sowa | Vice President |
| James Fennema | Executive Vice President & General Manager, Mdsg |
| Eddie Marshall | Director, Media |
| Linda Howard | Director, Creative |
| Ursula Roman | Director, Marketing |
| Jerry Doler | Manager, Purchasing |
| Mark Beal | Webmaster |
| Thomas J Tashjian | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| B. Mary McNabb | Board of Directors |
| Jack Eisenman | Board of Directors |
| John R. Eisenman | Board Director |
| Michael T McMillan | Board of Directors |
| Thomas H. Tashjian | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Director, Trng | Current |
| Fred's Inc. | Director, Trng | Former |
Mr. Efird began with Fred 's Inc. in late September of 2007 as President and was recently promoted as the new CEO effective February 2009. Mr. Efird was the Executive Vice President of Merchandising for Meijer, Inc. (a retail supercenter with 180 in over five states) from 2005 to 2008. Prior thereto, Mr. Efird worked at Bruno 's Supermarkets, Inc. for over eight years where his last position held was Executive Vice President/General Manager. Mr. Efird began his 25 years of retail experience with Food Lion, Inc. where he held a number of positions throughout his 13 years.
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | President & CEO | Current |
| Fred's Inc. | Director Nominee and President | Current |
| Meijer, Inc. | President, Merchandising | Former |
| Meijer, Inc. | Executive Vice President of Merchandising | Former |
| Bruno's Supermarkets, Inc. | Executive Vice President & General Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | President and Chief Executive Officer | Current |
| Hancock Fabrics, Inc. | Director | Current |
| Fred's Inc. | Director | Current |
President of Fred's, Inc. John D. Reier joined Fred's as President in April 1999 and was named to the Company's Board of Directors in August 2000. Mr. Reier's career in retailing extends more than 31 years, with over 22 years of that experience in the discount store industry. His prior experience included President and COO of Family Dollar Stores, President and CEO of Sunny's Great Outdoors.
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | President | Current |
| Fred's Inc. | Board of Directors | Current |
| Family Dollar Stores, Inc. | President and Coo | Former |
| Family Dollar Stores, Inc. | Senior Vice President of Merchandising | Former |
| Family Dollar Stores, Inc. | General Merchandise Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Chief Operating Officer | Current |
| Fred's Inc. | Executive Vice President and General Merchandise Manager | Current |
| Fred's Inc. | Vice President | Current |
| Fred's Inc. | Management Trainee | Former |
Jerry Thompson, R.Ph., joined the Board in April 2005 following his retirement in July 2004 from Eckerd Corporation. At different times during his career with Eckerd, Thompson held primary operating responsibility for approximately 2,000 stores and, as senior vice president, he oversaw all of Eckerd's 2,800 pharmacies. Mr. Thompson has served in the National Association of Chain Drug Stores, where he participated in legislative activities on the federal and state level and was a member of the Association's Pharmacy and Governmental Affairs committees.
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Coo | Current |
| Fred's Inc. | Board Director | Current |
| Fred's Inc. | Executive Vice President | Former |
| Eckerd Corporation | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Cfo | Current |
| Fred's Inc. | Executive Vice President | Current |
| IPS Corporation | Financial Management Positions | Former |
| Caterpillar, Inc. | Financial Management Positions | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | CIO & Senior Vice President, MIS | Current |
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Executive Vice President, Mdsg | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Executive Vice President, Store Operations | Current |
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Executive Vice President, Pharmacy Acquisitions | Current |
Mary McNabb, named to the Board in April 2005, currently is an executive vice president and a director of The Mowbray Group, a California-based retail consulting firm that specializes in problem-solving, cost reductions, importing, and inventory management. Ms. McNabb was formerly executive vice president of merchandising and marketing for Factory 2-U, vice president of sourcing for S-Q of California, and West Coast manager/buyer for One Price Clothing, Inc.
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Executive Vice President | Current |
| The Mowbray Group, Inc. | Executive Vice President | Current |
| Fred's Inc. | Board Director | Current |
| The Mowbray Group, Inc. | Director | Current |
| Factory, Inc. | Executive Vice President of Merchandising and Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Executive Vice President, Distribution and Corporate Services | Current |
| Fred's Inc. | Vice President | Current |
| DC Systems | CIO | Former |
| DC Systems | Director | Former |
| The University of Oklahoma | B.A | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Executive Vice President, Pharmacy Operations | Current |
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Corporate Secretary, Senior Vice President Legal Services and General Counsel | Current |
| Fred's Inc. | Vice President, Legal Services | Current |
| Fred's Inc. | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Senior Vice President, Info Sys | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Senior Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President, Sys Development | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Fred's Inc. | Controller | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Executive Vice President & General Manager, Mdsg | Current |
| Fred's Inc. | Vice President | Current |
| Duckwall-ALCO Stores, Inc. | Vice President, Merchandise | Former |
| Fred's Inc. | General Merchandise Manager | Former |
| Duckwall-ALCO Stores, Inc. | General Merchandise Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Director, Media | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Director, Creative | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Director, Marketing | Current |
| Fred's Inc. | Manager, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Manager, Purchasing | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Webmaster | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Board Director | Current |
| Sally's | President | Former |
| Sally's | Founder | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Board of Directors | Current |
| Superior Bancorp | Managing Director | Former |
| Superior Bancorp | Group Leader | Former |
| First Manhattan Co. | Former |
| Organization | Position | Status |
|---|---|---|
| Fred's Inc. | Director | Current |
| Superior Bancorp | Managing Director | Former |
| Superior Bancorp | Group Leader | Former |
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