store closing

Fred’s in Marion Among the 159 Stores to Close

Fred’s Inc. says it will close 159 underperforming and unprofitable stores in 13 states by the end of May. The list includes 19 stores in Alabama. In our area, the store in Marion is scheduled to close. The Memphis-based company said in a news release liquidation sales at those stores were beginning Thursday. The company’s 398 other discount stores will…

Brundidge Family Dollar Going Out of Business

Over 100 Family Dollar stores are closing their doors nation-wide. That number includes five in Alabama, and one is located in the small town of Brundidge. “Anytime you lose a business, it’s always devastating to the community,” Brundidge Mayor Isabell Boyd says. Family Dollar is run by Dollar Tree. It previously announced hundreds of store closings in 2019. Closing banners…

Macy’s Plans to Close About 100 Stores

Macy’s says it plans to close about 100 stores next year as the department store operator aims to become more nimble in a competitive market. That represents close to 14 percent of its store base. The closures come as Macy’s reported Thursday that second-quarter profits and sales fell. The results, however, beat Wall Street estimates as efforts to bring back…