Fred's (FRED) Announces Chapter 11 Bankruptcy Filing

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Fred’s Commences Voluntary Chapter 11 Proceedings

September 9, 2019 8:20 AM EDT

Seeks Court Approval to Enter into $35 Million Proposed Debtor-in-Possession Financing Agreement

All Freds Locations to Commence Liquidation Sales

DALLAS, Texas, Sept. 09, 2019 (GLOBE NEWSWIRE) -- Fred's, Inc. (NASDAQ:FRED) today announced that the Company has filed for voluntary relief under chapter 11 of the Bankruptcy Code (Chapter 11) in the U.S. Bankruptcy Court for the District of Delaware (the U.S. Bankruptcy Court).  The Company... More