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Fred's, Inc. (FRED)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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6.08-0.05 (-0.82%)
At close: 4:00PM EDT

6.08 0.00 (0.00%)
After hours: 4:35PM EDT

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Fred's, Inc.

4300 New Getwell Road
Memphis, TN 38118
United States
901-365-8880
http://www.fredsinc.com

SectorServices
IndustryDiscount, Variety Stores
Full Time Employees4,832

Key Executives

NameTitlePayExercisedAge
Mr. Michael K. R. BloomChief Exec. Officer, Pres and Director994.66kN/A57
Ms. Mary Lou GardnerChief Merchandising & Marketing Officer and Exec. VP266.24kN/A54
Mr. Craig L. BarnesChief Operating Officer of Front Store and Exec. VP360.43kN/A50
Ms. Lilia R. LaurenSr. VP of Fin.274.94kN/AN/A
Mr. Timothy A. LiebmannChief Operating Officer of Pharmacy and Exec. VP247.32kN/A50
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Fred's, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. The company, through its stores, offers household cleaning supplies, health products, beauty and personal care products, disposable diapers, pet foods, paper products, various food and beverage products, and pharmaceuticals to low, middle, and fixed income families in small- to medium- sized towns. It also sells general merchandise to franchised Fred's stores. As of January 28, 2017, the company operated 628 retail stores, including 55 express stores and 3 specialty pharmacy-only locations; 362 pharmacies; 3 specialty pharmacy facilities; and 16 franchised stores in 15 states of the southeastern United States. Fred's, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee.

Corporate Governance

Fred's, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 4. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.