Fred's Corporate Office - Corporate Office HQ

Fred’s Corporate Office

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Fred's Corporate Office Address

Fred's Inc.
4300 New Getwell Road
Memphis, Tennessee 38118

Contact Fred's

Phone Number: (901) 365-8880
Fax Number: (901) 365-8865
Website: https://fredsinc.com/
Email: Email Fred's

Fred's Facts

Founder: Paul Baddour
Date Founded: 1947
Founding Location: Coldwater, Mississippi
Number of Employees: 7324

Fred's Executives

CEO: Joseph M. Anto
CFO: Ritwick Chatterjee
COO: Nathaniel Klein

Fred's History

Fred's logo

IN 1947, Paul Baddour and his two brothers opened a small discount store in Coldwater, Mississippi. While the company was originally incorporated as Baddour, Inc., Paul later named one of the stores after his brother Fred, and the name stuck.

Fred's store front

The company opened stores in small towns and offered deeply discounted prices on closeout items. Fred’s stores did quite well, even competing against the giant Walmart by expanding store sizes from the usual 5,000 square feet to 30,000 square feet or more.

Fred’s has diversified into other areas, including Fred’s Pharmacy, Dollar Stores, GetWell Drug and Dollar, and the Yazoo Trading Company. Fred's pharmacy sign In 2018, the company sold its prescription patient information to competitor Walgreens from their 185 pharmacies. Walgreens paid $165 million for this information after Fred’s was unable to purchase hundreds of Rite Aid pharmacies.

Fred's Super Dollar Sign Fred’s is publicly traded on the NASDAQ under the ticker symbol FRED.

The company had annual revenue in 2016 of $2.125 billion but lost $66.5 million. This has caused the company to announce the closure of 159 stores in April 2019 which the company states were underperforming or whose leases were about to expire.

Fred’s company headquarters are located in Memphis, Tennessee.

Fred's Red Logo

Fred's FAQs

Question 1: What is the phone number for Fred's?
Answer 1: The phone number for Fred's is (901) 365-8880.

Question 2: Who is the CEO of Fred's?
Answer 2: The CEO of Fred's is Joseph M. Anto.

Question 3: Who founded Fred's?
Answer 3: Fred's was founded by Paul Baddour in 1947.

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