Fred's Inc. operates over 700 discount general merchandise stores, including 24-franchised Fred's stores, in the southeastern United States. Fred's stores stocks more than 12,000 frequently purchased items. Its merchandise includes nationally recognized brand name products, proprietary Fred's label products and lower-priced and off-brand products. Fred's Inc. offers a variety of food, health/beauty, home/home decor, household/cleaners, party supplies/toys and pet food/supplies, to name a few. The company has two distribution centers, one in Memphis, Tenn., and Dublin, Ga.