These Big Stores Are About To Shut Down This Year And Here’s Why

Published on 07/06/2021
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Fred’s Inc

Fred’s Inc was a discount store that operated in more than 15 states for over 70 years with around 400 locations. These also included pharmacies. In July 2019, Fred’s announced that over 100 stores were most probably going to shut. Only a few months after this announcement, a further statement was released stating that the discount company was seeking liquidation and would soon close all of its remaining stores.

Fred's Inc

Fred’s Inc

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Charming Charlie

Established in 2004, Charming Charlie is a women’s contemporary fashion and accessories retailer that is based in Texas. The brand was known to offer a wide selection of apparel, gifts, and beauty products. Despite being awarded The Accessories Council’s “Specialty Retailer” ACE Award and being featured on  Forbe’s Magazine they sadly filed for bankruptcy in 2019. However, this was actually the second time in 2 years, but in the end, they did shut around 250 of their locations.

Charming Charlie

Charming Charlie

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