Fred’s is closing these 104 additional stores, with liquidation sales starting today

Fred’s Inc. said Thursday it will close another 104 stores by the end of June, with liquidation sales beginning immediately, as the discount retailer continues its restructuring efforts.

The new closures, in 13 states in the Southeast (see the list below), comes a month after the Memphis-based company said it was closing 159 “underperforming and unprofitable stores” by the end of May, leaving 398 stores open at that time.

“These additional store closures are a difficult, but necessary step in the continued restructuring of Fred’s,” said Chief Executive Joseph Anto.

The stockFRED, -20.16% , which has closed below the $1 threshold since May 6, plummeted 22% in afternoon trade Thursday toward the first-ever sub-50 cent close. It has plunged 74% over the past 12 months, while the SPDR S&P Retail exchange-trade fundXRT, +0.40% has lost 8.1% and the S&P 500 indexSPX, +1.22% has gained 5.9%.

Fred’s said the decision of which stores to close was made after evaluating historical and recent store performance and the timing of lease expirations, among other factors.

Separately, Fred’s disclosed that it has entered into a forbearance agreement with its lenders under its revolving credit facility.

Here are the addresses of the 104 stores being closed:

Address City State
802 Main St. NE Hanceville Alabama
2146 S. Oates St. Dothan Alabama
105 Memorial Parkway West Aliceville Alabama
802 Forrest Ave. East Brewton Alabama
17870 Baldwin Farms Pl. Robertsdale Alabama
1734 Kowaliga Rd. Eclectic Alabama
35360 U.S. Highway 231 Ashville Alabama
715 E. Main St. Prattville Alabama
8515 Dollarway Rd. White Hall Arkansas
57 S. Broadview St. Greenbrier Arkansas
6027 Highway 67 Haskell Arkansas
609 East Main Street Melbourne Arkansas
15700 Arch St. Little Rock Arkansas
110 N. Main St. Malvern Arkansas
1002 Highway 65 N. Marshall Arkansas
2695 State Highway 77 S Marion Arkansas
4212 E. Johnson Ave. Jonesboro Arkansas
406 W. Main St. Magnolia Arkansas
406 Highway 425 S. Monticello Arkansas
428 S. James St. Jacksonville Arkansas
1701 Commerce Rd. Pine Bluff Arkansas
652 Highway 365 Mayflower Arkansas
1302 Highway 64 E. Augusta Arkansas
198 N. Curtis Ave. Pea Ridge Arkansas
6522 Caroline St. Milton Florida
1535 Ohio Ave. S. Live Oak Florida
1435 S. Orange Ave. Green Cove Springs Florida
1442 Tift Ave. N. Tifton Georgia
15 Colbert Business Pkwy W. Colbert Georgia
813 Bowens Mill Rd. SE Douglas Georgia
2601 S. Main St. Moultrie Georgia
118 Robert B. Lee Drive Leesburg Georgia
3233 Martha Berry Hwy NW Rome Georgia
650 W. Cherry St. Jesup Georgia
875 S. Main St. Baxley Georgia
425 Sigman Rd. NW Conyers Georgia
1090 Highway 19 N Thomaston Georgia
1001 N. Slappey Blvd. Albany Georgia
4401 Bemiss Rd. Valdosta Georgia
122 Hillcrest Pkwy Dublin Georgia
224 E. 4th Street Ocilla Georgia
6109 Houston Rd. Macon Georgia
1021 Highway 45 North El Dorado Illinois
6 N. 4th St. Breese Illinois
1181 Main St. Munfordville Kentucky
1117 Lincoln Park Rd. Springfield Kentucky
1701 N. 18th St. Monroe Louisiana
899 N. Highway 171 Moss Bluff Louisiana
2615 N. 7th St. West Monroe Louisiana
2017 E. Madison Ave. Bastrop Louisiana
7616 Highway 80 Ruston Louisiana
306 Moreau St. Marksville Louisiana
1882 Airline Dr. Bossier City Louisiana
207 Washington St. West Monroe Louisiana
4828 Shreveport Highway Tioga Louisiana
603 E. Washington St. Hayti Missouri
905 Highway 278 E. Amory Mississippi
605 S. Jackson St. Starkville Mississippi
964 Brookway Blvd. Brookhaven Mississippi
1930 University Ave. Oxford Mississippi
6 E. Commerce St. Hernando Mississippi
2040 E. Shiloh Rd. Corinth Mississippi
5760 Highway 80 E. Pearl Mississippi
5266 Old Highway 11 Hattiesburg Mississippi
12201 Highway 57 Vancleave Mississippi
1317 E. Main St. Tupelo Mississippi
25096 Highway 51 Crystal Springs Mississippi
1898 Spillway Rd. Brandon Mississippi
401 E. Lee St. Sardis Mississippi
102 Norfleet Dr. Senatobia Mississippi
7833 Highway 613 Moss Point Mississippi
200 Clinton Blvd. Clinton Mississippi
140 Trade Center Ln. Hazlehurst Mississippi
8912 Northwest Dr. Southaven Mississippi
150 Park Lane Dr. Rutherfordton North Carolina
2350 Springs Rd. NE Hickory North Carolina
200 Spartanburg Highway Lyman South Carolina
908 Anderson St. Piedmont South Carolina
2404 West Blvd. Chesterfield South Carolina
618 Sumter Highway Bishopville South Carolina
106 Jimmy Martin Cir. Gaston South Carolina
1521 Jefferson Davis Highway Camden South Carolina
1827 Wilson Rd. Newberry South Carolina
209 Broad St. Sumter South Carolina
505 Laurens Rd. Woodruff South Carolina
1405 S. Home St. Union City Tennessee
6064 Stage Rd. Bartlett Tennessee
1109 Scottsville Rd. Lafayette Tennessee
733 Lawrence St. Etowah Tennessee
2549 N. Central Ave. Humboldt Tennessee
159 W. Turn Table Rd. Sparta Tennessee
1103 Florence Rd. Savannah Tennessee
1797 Highway 100 East Centerville Tennessee
425 W. 7th St. Columbia Tennessee
535 High St. Huntingdon Tennessee
522 S. Main St. Sweetwater Tennessee
4589 Quince Rd. Memphis Tennessee
5028 S. 1st St. Milan Tennessee
7143 Winchester Rd. Memphis Tennessee
6500 Quince Rd. Memphis Tennessee
618 N. Main St. Jacksboro Texas
801 Turkey Creek Trail Bridgeport Texas
1000 W. Main St. Hallsville Texas
605 E. U.S. Highway 80 White Oak Texas
Fred’s Inc.

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