BNET Industries

Fred's Inc.

(FRED) is in the Retail Industry

Market Cap:$432.4M
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!

President & CEO
Bruce Efird
Number of Employees 9,979
Contact Information

4300 New Getwell Rd

Memphis, Tennessee 38118-6801

fredsinc.com

(901) 365-8880

NAICS Code All Other General Merchandise Stores: 452990

Recent Events

  • = US Retail Stocks Rise;Macy's Upgraded, Profit Forecast Boosted

    11/06/09 - Bond / Stock Rating - View Story

  • Fred's reports increase in Q3 sales

    11/05/09 - Financial Announcement - View Story

  • Report: Fred's to open two stores in Kentucky

    10/30/09 - Planned Site Openings - View Story

  • Freds reports strong September sales

    10/11/09 - Financial Announcement - View Story

  • PERFORMANCE/TOUR: Fred Anderson - Delmark DVD/CD Release Party at His Velvet Lounge

    10/05/09 - Product Announcement - View Story

  • Fred’s reports strong September sales

    10/08/09 - Site Opening - View Story

  • Watson Pharmaceuticals, Inc. WPI Names G. Frederick Wilkinson Executive Vice President, Global Brands

    9/22/09 - Merger / Acquisition - View Story

  • A Big Jump for Oxford; Fred's Falls

    9/04/09 - Mgmt. Change Leaving - COO - View Story

  • Freds for Starters Introduces New Fancy Fries Flavor

    9/02/09 - Product Announcement - View Story

  • Freds for Starters Introduces New Fancy Fries„ Flavor

    9/02/09 - Product Announcement - View Story

  • Pharmacy makes the difference for Fred's

    8/28/09 - Planned Site Openings - View Story

  • Fred's Inc August Comps Down 1.4% - Quick Facts

    9/03/09 - Financial Announcement - View Story

  • Fred's Touts Strong 2Q Results

    9/01/09 - Site Opening - View Story

  • Fred’s sales drop in July, second quarter

    8/06/09 - Financial Announcement - View Story

  • BRIEF: Fred's sales fall 4% in July

    8/08/09 - Site Opening - View Story

News & Analysis

fred's inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Bruce Efird President & CEO
Roger T. Knox President and Chief Executive Officer
John D. Reier President
Dennis Curtis Chief Operating Officer
Gerald E. Thompson Coo
Jerry A. Shore Cfo
Jim Deats CIO & Senior Vice President, MIS
Charles Brunjes Executive Vice President, Mdsg
Earl Taylor Executive Vice President, Store Operations
James Fennema Executive 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
Jimmy L. Sykes Vice President
Joey Bivins Vice President
Julie Boland Vice President, Sys Development
Merle McGruder Vice President
Roger Tyler Vice President
Thomas Burkley Vice President
Tom Sowa Vice President
John McMorrough Director, Trng
Jordan Resnik Director, HR
Jerry Doler Manager, Purchasing
Ursula Roman Manager, Marketing
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

Bruce A. Efird joined the Company in September 2007 as President. Mr. Efird was Executive Vice President-Merchandising for Meijer, Inc., a leading supercenter retailer in the Midwest with more than $13 billion in sales from October 2005 until August 2007. There he was responsible for all merchandising functions, including softlines, home furnishings, drugstore, general merchandise, groceries and perishables. He also was in charge of marketing and advertising functions as well as pricing and e-commerce for the chain s 179 stores across a five-state area. From 1997 until October 2005, Mr. Efird was with Bruno s Supermarkets, Inc. in Birmingham, Alabama, and served as Senior Vice President of Merchandising from 1999 through 2003 and Executive Vice President/General Manager thereafter.

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

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 Current
Fred's Inc. Vice President Current
Duckwall-ALCO Stores, Inc. General Merchandise Manager Former
Fred's Inc. General Merchandise Manager Former

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

Array

Organization Position Status
Fred's Inc. Executive Vice President, Distribution and Corporate Services 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 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. Vice President Current

Organization Position Status
Fred's Inc. Director, Trng Current
Fred's Inc. Director, Trng Former

Organization Position Status
Fred's Inc. Director, HR Current
Fred's Inc. Director, HR Former

Organization Position Status
Fred's Inc. Manager, Purchasing Current

Organization Position Status
Fred's Inc. Manager, Marketing 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
First Manhattan Co. Former

Organization Position Status
Fred's Inc. Director Current
Superior Bancorp Managing Director Former
Superior Bancorp Group Leader Former

Executive News

  • Miss. to Try Kiosks For Driver’s License Renewal

    Memphis Daily News - 9/04/09 - View Story

  • Fred’s Comparable Sales Fall 1.4 Percent in August

    Memphis Daily News - 9/04/09 - View Story

  • Hacks Cross Center Foreclosed, to be Sold

    Memphis Daily News - 9/04/09 - View Story

  • Schering-Plough Loses $473 Million Tax Dispute

    Memphis Daily News - 9/04/09 - View Story

  • $250,000 Grant to Aid Kids of Jailed Parents

    Memphis Daily News - 9/04/09 - View Story

  • Stanford Back in Jail Following Aneurysm Surgery

    Memphis Daily News - 9/04/09 - View Story

  • Citi Shareholders OK Increase In Outstanding Stock

    Memphis Daily News - 9/04/09 - View Story

  • Fred's Inc August Comps Down 1.4% - Quick Facts

    RTTNews.com - 9/03/09 - View Story

  • Fred's Reports August Sales

    Street Insider - 9/03/09 - View Story

  • Fred's Touts Strong 2Q Results

    TradingMarkets - 9/01/09 - View Story

  • Pharmacy makes the difference for Fred's

    Drug Store News - 8/28/09 - View Story

  • Fred’s Q2 Profit Triples; Outlook Within Expectations

    Memphis Daily News - 8/28/09 - View Story

  • U Store It Buys Germantown Home

    Memphis Daily News - 8/28/09 - View Story

  • St. Jude, Quest Diagnostics Consider Lawsuit Settlement

    Memphis Daily News - 8/28/09 - View Story

  • City Gov’t. Announces Discount Drug Plan

    Memphis Daily News - 8/28/09 - View Story

  • John Ford’s Appeal Denied by Federal Judges

    Memphis Daily News - 8/28/09 - View Story

  • Bank Insurance Fund Down 20 Percent

    Memphis Daily News - 8/28/09 - View Story

  • MIFA Plans Feed the Soul Event

    Memphis Daily News - 8/28/09 - View Story

  • Fred's Reports Strong Second Quarter Results

    NewsBlaze - 8/28/09 - View Story

  • Fred's Q2 Profit Surges; Backs FY09 EPS View - Update

    RTTNews.com - 8/27/09 - View Story

advertisement
     FRED $10.80 -0.26 (-2.35% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 274,808
Shares Outstanding 40.05M
Market Cap 432.5M
Year High 14.85
Year Low 8.22
Earnings Per Share 0.53
P/E Ratio 20.38
Dividend 0.12
Yield 1.11
IndustryTop Rated
advertisement