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PJ Solomon

Fred’s to begin closing stores

MEMPHIS — Fred’s Inc. announced earlier this month that it will begin to close underperforming and unprofitable stores. The company has retained PJ Solomon to advise it in connection with a review of strategic alternatives to maximize value for all shareholders. The review will include a thorough evaluation of the company’s current operating plan, as

Fred’s to begin closing unprofitable stores

Fred’s to begin closing unprofitable stores

MEMPHIS – Fred’s announced Thursday that it will begin to close underperforming and unprofitable stores. The company also has retained PJ Solomon to evaluate strategic alternatives to maximize value for all shareholders. The review will include a thorough evaluation of the company’s current operating plan, as well as all other potential alternatives to maximize value.