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.

"I am pleased that Craig will be assuming increased responsibilities within our organization, as we continue to position the company for the opportunities that lie ahead and develop the strategies and tactics to deliver long-term, sustainable and profitable growth,” Bloom said. "I expect that Craig, in tandem with Tim Liebmann, recently promoted to chief operating officer — pharmacy, will work to leverage the synergies that exist between our front store and pharmacy."

Prior to joining Fred's in 2014, Barnes held executive positions at AutoZone, Carquest and Delphi Automotive.

Fred's, Inc. and subsidiaries operate 651 discount general merchandise stores and three specialty pharmacy-only locations in 15 states in the southeastern United States.

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