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EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

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(premier Angus beef), Rio Viejo (Mexican & Southwestern-style foods--tortillas, guacamole,<br />

salsas, chilies, jalapeno, cheeses and sauces), Snoboy (fresh produce), Tender Cut (imported fresh<br />

& frozen beef), Tidal Rave (powdered drink mixes & soft drinks)<br />

EB skus: 10,000 (E)<br />

Profile: This company has a strong private label program, tapping into a large portfolio of food<br />

products plus healthcare items and school foodservice need, which also covers a number of<br />

exclusive brands, such as Signature (finest USDA Choice fruits and fancy-grade vegetables), Elite<br />

(mid-range alternatives), and Pride (cost sensitive items) under canned fruits, vegetables or<br />

entrees.<br />

Procurement Contacts: Bill Patterson, Purchasing Direc tor, Private Label Brands<br />

FRED’S, INC.<br />

4300 New Getwell Rd., Memphis, TN 38118 USA<br />

Tel: (901) 365-8880<br />

Fax: (901) 365-8865<br />

www.fredsinc.com<br />

Total Fiscal 2009 Sales: $1.8 Billion +1%<br />

Percentage of Sales in Exclusive Brands: 6.6%<br />

Principal Business: Fred’s, started in 1947, has positioned itself as a “Hometown Discount Store,”<br />

operating 663 stores (24 of them franchised) in 15 Southeastern states. The company owns 639<br />

stores and 284 pharmacies. Its stores average 14,500 square feet, serving low, middle, and fixed<br />

income families in small to medium-size towns.<br />

EB Identities: Fred’s<br />

EB skus: 900+<br />

Profile: The key strategy for Fred’s in 2008 continues to be streamlining its operations. In 2007,<br />

17 under-performing stores were closed, followed up in 2008 with 74 under-performing stores and<br />

23 pharmacies closed. Also inventories have been cut. The results show its sales gains small, but

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