Content about MEMPHIS

October 10, 2013

Fred’s saw positive performance in its general merchandise and pharmacy departments, which lead to sales of $177.3 million in September, an increase of 4% over September 2012.

August 29, 2013

Fred's experienced growth in sales, customer traffic, average ticket and gross margin for the second quarter ended Aug. 3.

July 29, 2013

Electrolux Major Appliances North America has named Daren Couture as SVP of end-to-end supply chain. Couture will oversee the company’s supply chain and nine manufacturing facilities in North America, including the newest cooking appliances facility located in Memphis, Tenn.

July 11, 2013

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%.

March 28, 2013

Fred's total sales for the 53-week fiscal 2012 increased 4% to $2 billion from $1.9 billion for the same period last year.

January 2, 2013

Have an event relevant to the retail and CPG industry you would like to add? Send an email to Mtroy@LF.com. 

JANUARY

January 8-11: Consumer Electronics Association International CES show in Las Vegas. Visit www.cesweb.org.

January 13-16. The National Retail Federation’s Annual Convention & Expo in New York. Visit www.nrf.com/annual13

November 20, 2012

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.

August 24, 2012

Fred’s reported that net income for the quarter ended July 28 rose 19% to $6.1 million, compared with $5.1 million in the year-ago period.

August 7, 2012

The Walmart Foundation alongside six women’s foundations – The Washington Area Women’s Foundation, The New York Women’s Foundation, Women’s Fund of Mississippi, Women’s Foundation of Minnesota, Women’s Foundation for a Greater Memphis and Women’s Funding Network – has launched the Partnership for Women’s Prosperity.

November 22, 2011

Discount retailer Fred's realized positive third-quarter results, thanks to "strong customer traffic, higher gross margins in its general merchandise and pharmacy departments, as well as improved management of controllable operating costs," Fred's CEO Bruce Efird said.

September 20, 2011

Same-store sales growth and a number of new store opening helped Autozone deliver another impressive quarter, while helping the company maintain its position as a leading automotive parts retailer for both everyday consumers and professionals.

September 6, 2011

The Kroger Co. said Friday that its Kroger Delta Division, based in Memphis, has acquired eight Memphis-area Schnucks grocery stores that the company will convert and re-open under the Kroger banner over the next few weeks.

August 25, 2011

Southeastern discount banner Fred's on Thursday morning reported that the consumer continues to be challenged by economic pressures.

August 11, 2011

Family Dollar opened its 7,000th store Thursday, further cementing the dollar-store channel as an area of rapid growth.

May 24, 2011

Strong third quarter results at AutoZone caused shares to surge on Tuesday and pushed the company’s stock toward the $300 mark.

April 12, 2011

AutoZone announced that it has recognized Great Neck Saw as Extra Miler: Supplier of the Year during the annual AutoZone Vendor Summit held in Memphis, Tenn.

March 24, 2011

In yet another example of how discount stores are dominating the retail industry these days, Fred's Inc. reported strong earnings and sales growth for its fiscal fourth quarter.

March 1, 2011

The nation’s largest automotive parts retailer announced another quarter of record results in which earnings per share advanced nearly 36% to $3.34 on same-store sales that grew 7.1% for the quarter ended Feb.12.

January 13, 2011

Walmart announced that it is funding Partners for Breakfast in the Classroom, a new initiative aimed at increasing breakfast consumption among schoolchildren and highlighting the academic and nutritional benefits of eating in the morning.

November 29, 2010

Total sales and comparable-store sales both rose during the month of November for Fred's, the...

November 22, 2010

Fred's reported that for the third quarter, net income increased 55% to $7.8 million or...

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