It was announced earlier today that four local Fred's Department Stores will shutter their doors by May 31st. These locations have been called "underperforming."
Closing are:
Russellville
Tuscumbia
Florence - Court Street (Downtown)
Florence - Florence Boulevard (Indian Springs)
Lauderdale County will have a remaining outlet in Rogersville. Management of the dollar type stores has said the time remaining on store leases played an important part in this decision. Stores with longer leases may close later, including the Rogersville location.
A liquidation sale has already begun. Residents of Courtview Towers in downtown Florence will be particularly hard hit since this was a quick fix for grocery stock ups.
Another long time Shoals business is also predicted to be closing. Look for the announcement before the start of summer.
Ta Ta, Shoals!
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