Fred’s Pharmacy
Fred’s Pharmacy attempted to increase its stores around the U.S. from 600 to 1,000, but it never ended up happening. The company’s gross sales dropped 4.3% from the previous fiscal year, and its bottom line was reported to be $139.3 million. Fred’s CFO left the company in 2018, making the former media executive the guy in charge. Fred’s then sold its specialty pharmacy, CVS, for $40 million.
Fred’s Pharmacy
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Stein Mart
Jacksonville-based discount department store, Stein Mart doesn’t seem to be doing well as of late. Although they did balance their sales and increased their digital revenue by 47% in 2017, they reported a $23.4 million bottom-line loss. We hope they seek the help of some financial advisors, quick.
Stein Mart
