Things went from bad to worse after dreams of becoming a major pharmacy chain were dashed.
News & Analysis: Fred's
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Shares of Fred's, Inc. are moving higher today after the company managed to beat estimates, despite a quarterly loss, and announced Heath Freeman would be joining the Board of Directors.
Lower-than-expected June sales for the regional pharmacy chain have some investors worried.
These stocks led the market lower. Find out why.
The merger of Rite Aid and Walgreens officially fell through, and the two negotiated a sale of nearly half of Rite Aid's stores to Walgreens.
Both drugstore chains have a lot to gain if the Walgreens/Rite Aid merger goes through.
The chain has moved closer to making a major purchase that will transform it.
Shares of the drugstore chain move higher as the rocky proposed buyout between the two parties shows signs of life.
Fourth-quarter earnings came in strong, and Fred's continues to strengthen its board of directors and make progress on acquiring hundreds of Rite Aid stores.