Fred’s Inc
Fred’s Inc. was a discount retailer with over 400 stores that operated in over 15 states for over 70 years. Pharmacies were also featured. Fred’s said in July 2019 that over 100 locations would most likely close. Only a few months later, the bargain retailer issued another statement indicating that it was pursuing liquidation and would shortly liquidate all of its remaining locations.
Charming Charlie
Charming Charlie is a Texas-based women’s modern apparel and accessories shop founded in 2004. The company was recognized for selling a wide range of clothing, gifts, and beauty goods. Despite receiving the Accessories Council’s ACE Award for “Specialty Retailer” and being featured in Forbe’s Magazine, they filed for bankruptcy in 2019. However, this was the second time in two years that they had to close facilities, and they ended up closing roughly 250 of them.