Category: NASDAQ:FRED

Fred’s May Sell More Pharmacies Amid Turnaround

Fred’s continues to “evaluate strategic opportunities” for its remaining pharmacy business after announcing the sale of prescription files from 185 pharmacies to Walgreens.

Walgreens To Buy Patient Files From 185 Fred’s Pharmacies

Walgreens will buy Fred’s pharmacy patient prescription files and related pharmacy inventory for $165 million.

Fred’s Hires Firm To Sell Retail Pharmacies

Fred’s Inc. said has engaged investment bankers PJ Solomon & Company to examine the value of its ‘retail pharmacy script portfolio’ for potential buyers.