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Fred's Overview

Fred's Inc. and subsidiaries operate in 15 states in the southeastern United States with 304 full-service pharmacy departments located within Fred's stores, including four franchised locations.
The staff at Fred's come from unusually diverse demographic backgrounds. The company is 55.8% female and 38.0% ethnic minorities. Fred's employees are more likely to be members of the Republican Party than the Democratic Party, with 56.0% of employees identifying as members of the Republican Party. But those numbers could change quickly because the turnover rate at Fred's is relatively high. Employees at Fred's stay with the company for an average of 2.2 years before leaving. The average employee at Fred's makes $29,403 per year. In comparison, some of its highest paying competitors, like Surplus City, Family Dollar, and Save-A-Lot, pay $43,797, $35,582, and $31,944, respectively.
A large retail company with 7,324 employees and an annual revenue of $2.1B, Fred's is headquartered in Memphis, TN.

The Organization’s Mission

To improve the lives of patients and customers by providing quality healthcare services and consumer products that deliver value to the communities we serve.

Industry

Retail - Defensive

Revenue

$2.1B

Employees

7,324

Founded in

1947

Headquarters

Memphis, TN

Website

-

Organization Type

-

Is This Your Company?

The Team At Fred's

Key People
  • Faith Phyllis (Manager)
  • Heath Freeman (Chairman)
  • Michael Bloom (CEO)
  • Jerry Shore (ceo)
  • Bruce Efird (ceo)

The Culture At Fred's

Information provided by the company
Unmatched passion and dedication to customer service.

Fred's Reviews

Zippia Official Logo

5.0

Zippia UserMarch +0000

5.0

Zippia Official LogoZippia UserMarch +0000

What Do You Like About Working There?

Autonomy- respect from superiors Show More

What DON'T You Like About Working There?

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What Are Your Favorite Benefits/Perks?

Autonomy- encouraged to interact with patients Show More
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Fred's Rankings

Fred's is ranked #9 on the Best Retail Companies to Work For in Tennessee list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Fred's Salaries

How much does Fred's pay?
The national average salary for a Fred's employee in the United States is $29,403 per year. Employees in the top 10 percent can make over $42,000 per year, while employees at the bottom 10 percent earn less than $20,000 per year.
7.9
Salary Score
Average Employee Earnings

Fred's Salaries By Job Title

While the average employee salary at Fred's is $29,403, there is a big variation in pay depending on the role. Some of the job titles with high salaries at Fred's are administrative assistant, store manager, pharmacist technician, and assistant manager. A worker with the title administrative assistant salary at Fred's can earn an average yearly salary of $47,830. Other roles at Fred's include waitress and bartender. A waitress at Fred's earns an average yearly salary of $21,014.
Job Title
Title
Average Salary
Administrative Assistant
Salary Range46k - 49k$48k$47,830
Store Manager
Salary Range41k - 50k$46k$45,695
Pharmacist Technician
Salary Range33k - 39k$36k$36,211
Assistant Manager
Salary Range34k - 37k$36k$36,096
Warehouse Worker
Salary Range32k - 36k$35k$34,729
Order Picker
Salary Range30k - 35k$33k$32,771
Key Holder
Salary Range31k - 34k$33k$32,599
Customer Service Expert
Salary Range28k - 33k$31k$30,875
Forklift Operator
Salary Range27k - 30k$29k$29,126
Stocker
Salary Range28k - 29k$29k$28,709
$21k
$50k

Fred's Careers

On average, employees at Fred's stay with the company for 2.2 years. Employees most commonly join Fred's after leaving Walmart. When they leave Fred's, they most frequently get their next job at Walmart.

Average Length of Employment

Fred's
2.2 years
Save-A-Lot
2.0 years

Top Employers Before Fred's

Walmart
25.4 %

Top Employers After Fred's

Walmart
27.8 %

Fred's Employee Demographics

9.9
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Fred's Employees Education

Of the 7,324 employees at Fred's, 10.0% attended University of Memphis. Employees at Fred's most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Fred's Employee Political Affiliation

Fred's employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Fred's employee was by Fred Sacher. Fred Sacher donated $8,300 to the Republican Party.

Employee Political Donations

NameJob TitlePartyDonation
Fred SacherInvestments
Fred Sacher
Investments
Investments
Republican Party
Republican Party
$8,300Republican Party
$8,300
Keith EckelFarmer
Keith Eckel
Farmer
Farmer
Republican Party
Republican Party
$5,750Republican Party
$5,750
Fred JohnsonOwner
Fred Johnson
Owner
Owner
Republican Party
Republican Party
$5,500Republican Party
$5,500
Fred StarrhFarmer
Fred Starrh
Farmer
Farmer
Republican Party
Republican Party
$5,100Republican Party
$5,100
Danielle BlackBusiness Owner
Danielle Black
Business Owner
Business Owner
Republican Party
Republican Party
$5,000Republican Party
$5,000
Fred GaskinConsultant
Fred Gaskin
Consultant
Consultant
Democratic Party
Democratic Party
$4,600Democratic Party
$4,600
Fred HallChief Executive Officer
Fred Hall
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$3,700Republican Party
$3,700
West FarmsPartner
West Farms
Partner
Partner
Republican Party
Republican Party
$3,500Republican Party
$3,500
Isabel BeattyHostess+Promo
Isabel Beatty
Hostess+Promo
Hostess+Promo
Democratic Party
Democratic Party
$2,839Democratic Party
$2,839
Fred BirnbergPhysician
Fred Birnberg
Physician
Physician
Democratic Party
Democratic Party
$2,750Democratic Party
$2,750
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Fred's Employment Videos

Fred's Financial Performance

8.3
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1947

Organization type

-

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Fred's Subsidiaries

Subsidiaries to Fred's include Reeves-Sain. Employees at the parent company, Fred's, earn $29,403 whereas employees at Reeves-Sain earn $49,958, on average.
Company
Average Salary
Reeves-Sain
Salary Range35k - 70k$50k$49,958
$35k
$70k

Fred's Competitors

Competitors of Fred's include Surplus City, Family Dollar, and Save-A-Lot. Employees at Surplus City earn more than most of the competition, with an average yearly salary of $43,797. The salaries at Family Dollar average $35,582 per year, and the salaries at Save-A-Lot come in at $31,944 per year.
Company
Average Salary

Surplus City

Salary Range30k - 63k$44k$43,797
Family Dollar
Salary Range26k - 48k$36k$35,582

Save-A-Lot

Salary Range26k - 38k$32k$31,944
Aldi
Salary Range24k - 40k$32k$31,682

Sam's Club

Salary Range25k - 37k$31k$30,948
Food Lion
Salary Range24k - 38k$31k$30,791
Pet Smart Inc
Salary Range21k - 42k$30k$30,389

PRICELESS

Salary Range22k - 40k$30k$30,296
Menards
Salary Range23k - 37k$30k$29,551
Marc's
Salary Range23k - 36k$29k$29,342
$20k
$63k

Frequently Asked Questions about Fred's

When was Fred's founded?

Fred's was founded in 1947.

How many Employees does Fred's have?

Fred's has 7,324 employees.

How much money does Fred's make?

Fred's generates $2.1B in revenue.

What industry is Fred's in?

Fred's is in the retail - defensive industry.

What is Fred's's mission?

Fred's's mission statement is "To improve the lives of patients and customers by providing quality healthcare services and consumer products that deliver value to the communities we serve."

Who are Fred's's competitors?

Fred's competitors include 99 Cents Only Stores, Pet Supplies Plus, Save-A-Lot, Marc's, Piggly Wiggly Holdings LLC, Aldi, Party City, BI-LO, Menards, Holiday Companies, Family Dollar, 7-Eleven, Pet Smart Inc, Food Lion, PRICELESS, Phantom Fireworks, Sam's Club, Surplus City, Hobby Lobby, BPS Direct.

Who works at Fred's?

Faith Phyllis (Manager)

Heath Freeman (Chairman)

Michael Bloom (CEO)

Show More

Where is Fred's's headquarters?

Fred's's headquarters is in Memphis, TN.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Fred's, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fred's. The employee data is based on information from people who have self-reported their past or current employments at Fred's. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Fred's and its employees or that of Zippia.

Fred's may also be known as or be related to FREDS INC, Fred's, Fred's Inc, Fred's Inc. and Fred's, Inc.