The rise and fall of Coldwater’s pride, Fred’s Inc.

By Published: August 12, 2019 4:00 AM CT

Fred's Inc. grew from a single store in downtown Coldwater, Mississippi, in 1947 to a chain of 700 stores across the Southeast, but is it being downsized out of existence?

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Alden Global Capital Fred's Inc. retail Rite-Aid
Wayne Risher

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.


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