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Freddy's Frozen Custard & Steakburgers

  • Fred’s liquidation moves forward

    Fred’s has been given the approval for an asset disposition specialist to advise on store closing sales at its remaining locations.
  • Fred’s to close more stores

    Fred's Inc. has announced its third round of store closings.
  • Fred's creates new COO position

    Fred’s Inc. named Craig Barnes, executive VP of supply chain, global and domestic logistics, to the newly created role of COO — front store.    In his new role, Barnes will be responsible for merchandising, marketing, supply chain, store operations and real estate, and will report directly to CEO Michael K. Bloom.    
  • Fred’s sales take a hit in July

    Fred's Inc. saw July sales drop 7% to $154 million, compared to $165.6 million in the same period last year.    Comparable store sales for the month declined 4.6%, compared with an increase of 0.7% in the year-earlier period.   Fred's total sales for the second quarter of fiscal 2016 decreased 3.4% to $527.7 million, from $546.1 million for the same period last year. On a comparable store basis, second quarter sales decreased 2% versus an increase of 0.9% for the year-earlier period.
  • Twenty-seven year Walgreens vet named to Fred’s executive team

    Fred's Inc. has appointed Rick Hans as executive VP and CFO. He fills the position left open when Jerry A. Shore, Fred's former finance head, was promoted to CEO in October 2014.

    Prior to joining Fred's, Hans enjoyed a 27-year career with Walgreens, where he most recently served as VP of investor relations and finance. Hans previously held the position of director of finance and assistant treasurer, where he promoted a sound capital structure that subsequently provided the basis for major strategic acquisitions.

  • Hancock Fabrics, Fred's vet to be new CFO at Gordmans

    Gordmans Stores has named a veteran from Hancock Fabrics to take over as CFO.

    The Omaha-based apparel and home decor retailer announced that James B. Brown has been appointed executive VP and CFO effective immediately.

  • Fred's focused on boosting pharmacy profits

    Fred's Super Dollar says it has contacted a consulting firm to help it improve profitability after the retailer remained unprofitable for its fifth consecutive quarter.
  • Fred's benefits from pharmacy expansion strategy

    The CEO of Fred's says its stellar sales for July reflect the success of the company's expanded pharmacy business.
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