Fred's still in the discount retailer game

It seems discount retailer Fred's is on its way to recovery. On October 30, investors bid up the stock price 30 percent, a sign that the 642-store chain may be on an upswing. And in November, sales were up 8 percent from one year earlier. One reason for the turn is the store's investment in a new prototype with spacious aisles, bright lights and a logical layout. Story

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