Fred’s is a discount retailer and leading low price store that is operating over 650 discount stores in 15 states in the country and they are primarily operating in small towns in the Southeast. Their stores offer more than 12,000 name of brands, off brand as well as private label products that include household goods, pharmaceuticals, food items, clothing and linen, cleaning supplies and healthy and beauty aids. About half of the stores it runs have full service pharmacies. In addition to that, the company also provides goods and service to two dozen franchised stores of Fred’s. It was first founded in 1947 and continued to expand as of the moment.