Discount chain Fred’s closing Mountain Home and Harrison stores

KTLO – Discount chain Fred’s is closing hundreds of stores, including its Mountain Home and Harrison locations.The Memphis Commercial Appeal reports the Memphis-based company plans to close 159 under-performing stores by the end of May. No word on how many employees would be affected by the closings. The stores are set to offer ?going out of business? sales as the company begins liquidation, according to online media reports.