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Fred's, Inc. Message Board

  • fabricone1 fabricone1 Jun 25, 2013 7:00 PM Flag

    The stock is much higher now

    than when the old guard lauded the fact that they had no long term debt. It would be great now if they had a real growth strategy that might keep a spot for them in this century.

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    • The stock price seems to be improving but NOT because of Fred's performance. It is riding the coattails of the market. Top Management including the board needs to be replaced. The Board belongs to Hayes. They are his puppets and will do anything he says for their dollars.
      Top management such as CEO, Exec V. P. of merchandising needs to go. They are lost, trying a lot of things but cannot see the real problem. It's Merchandise. They pack the merchandise in the stores so they look junky. The household department which the ladies usually like is a disaster.
      Hopefully they will stumble across something before it becomes to late.

18.04+0.38(+2.15%)Jul 31 4:00 PMEDT