SB360 Capital Partners has again been selected as the exclusive consultant to conduct Fred’s store closing sales in 49 additional stores.
Fred’s Pharmacies within each of the locations will be unaffected by the closures. The Fred’s Pharmacy team will continue to serve all of their customer’s prescription needs.
Since early April, SB360 has worked with Fred’s management, market leaders, and store teams to conduct store closing sales. One group of 105 Fred’s stores will wrap up sales and close for business over the next week.
Ziggy Schaffer, EVP of SB360, said, “As we saw in the prior Fred’s closing stores, sales are always brisk, and the shelves empty quickly. Fred’s stores offer good day-in, day-out value on everyday necessities, and with discounts on top of good prices, shoppers buy in bulk.”
