Small-box discounter Fred's Inc. has engaged investment bankers to explore strategic options to enhance shareholder value, including a potential sale. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. The Memphis, Tenn.-based retailer, headed by former Meijer Inc. and Food Lion executive Bruce Efird, made the announcement following disclosure of disappointing holiday season sales and news that its EVP and general merchandise manager, Alan Crockett, had ...

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