Founded in 1947, Fred's Inc. is a combination of discount dollar store, drug store and mass merchant. It offers a wide range of products under categories, including food, health/beauty, home/home decor, household/cleaners, party supplies/toys and pet food/supplies. The firm stock more than 12,000 purchased items comprising of brand name, proprietary FRED'S label and lower priced, as well as off-brand products. Fred's Inc. operates 672 discount general merchandise stores, including 24 franchised Fred's stores, in the southeastern United States.
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