Fred’s discount stores shuttering more than 150 locations in 13 states

Fred’s, a discount chain with locations across the southeastern U.S., said Thursday it will close 159 stores in 13 states.That’s nearly a third of all Fred’s stores.The Memphis, Tenn.-based retailer also announced it would immediately begin clearance sales at another 360 stores as it restructures, according to Atlanta TV station WSB. […]