Fred's Super Dollar reported $187.7 million in sales for the five weeks ended July 6, up 3% as compared to the same period a year ago. Comparable store sales for the month increased 4.5%.
Fred's Super Dollar on Thursday reported sales for the five-weeks ended Feb. 2 were up 31% to $173.6 million.
Any trickle-down of an improving economy hasn't trickled down to Fred's consumer base, Bruce Efird, Fred's CEO, told analysts Tuesday morning in discussing the discounter's third-quarter results.
Fred's on Friday launched a holiday layaway plan featuring no fees and a down payment of only $1.
Electric transportation technology provider ECOtality said Monday that it has partnered with grocer Fred Meyer, a division of The Kroger Co., to install car-charging stations at select stores in Oregon and Washington.