Fred’s to close Guin location, 11 other stores in Alabama

GUIN - The discount merchandise store Fred’s announced that it will be closing the Guin store along with 129 other stores across the nation, including 11 other stores across Alabama.
Liquidation sales have already begun at the stores to be closed.
"While it is never easy to make decisions that impact our valued employees and customers, this initiative represents another necessary step in our continued efforts to stabilize our business by simplifying our store portfolio and product assortment," Fred's Chief Executive Officer Joseph Anto said in a statement.