The Culture At Fred's

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

Fred's Overview

Fred's Inc. was a retail store chain headquartered in Memphis, Tennessee, operating in 15 states in the southeastern United States.
The staff at Fred's come from unusually diverse demographic backgrounds. The company is 58.1% female and 38.1% ethnic minorities. The diversity in Fred's employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 49.1% Democrats and 49.1% Republicans. Despite their political differences, employees at Fred's seem to be happy. The company has great employee retention with staff members usually staying for 3.2 years. The average employee at Fred's makes $30,558 per year. In comparison, some of its highest paying competitors, like Southeastern Grocers, ALDI USA, and Orvis, pay $48,306, $37,663, and $33,732, respectively.
A large retail company with 7,324 employees and an annual revenue of $1.3B, Fred's is headquartered in Memphis, TN.

The Organization’s Mission

To make it easy AND exciting to save money. Its unique discount value store format offers customers a full range of value-priced everyday items, along with terrific deals on closeout merchandise throughout the store.

Fred's Reviews

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5.0

Zippia UserMarch 2020

5.0

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What Do You Like About Working There?

Autonomy- respect from superiors

What DON'T You Like About Working There?

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What Are Your Favorite Benefits/Perks?

Autonomy- encouraged to interact with patients
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The Team At Fred's

Key People

Michael K. Bloom

Fred's Company Rankings

Fred's is ranked #15 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

7.3
Salary Score
The national average salary for a Fred's employee in the United States is $30,558 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 $21,000 per year.
Average Fred's Salary
$14.69
hourly
$30,558 yearly
Updated November 18, 2022
$21,000
10 %
$30,000
Median
$42,000
90 %
Average Employee Earnings
Big Lots
$33,427
Kroger
$31,390
Kohl's
$30,490
Dillard's
$28,599

Highest Paying Jobs At Fred's

RankJob TitleAvg. SalaryHourly Rate
1Pharmacist$123,940$60
2Store Manager$37,669$18
3Forklift Operator$35,656$17
4Warehouse Worker$35,498$17
5Assistant Manager$35,251$17
6Administrative Assistant$34,200$16
7Customer Service Expert$33,931$16
8Order Picker$31,140$15
9Bartender$30,107$14
10Customer Service Representative$29,898$14
11Cook$28,495$14
12Key Holder$28,331$14
13Sales/Stock Associate$28,075$14
14Stocker$27,826$13
15Sales Associate$27,645$13
16Hostess$27,311$13
17Stock Clerk$27,123$13
18Cashier$27,054$13
19Camp Counselor$26,460$13
20Stower$26,207$13

Fred's Demographics Summary

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 Gender Distribution

Male
Male
42%
Female
Female
58%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Fred's. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Fred's has 7,324 employees.

  • 58% of Fred's employees are women, while 42% are men.

  • The most common ethnicity at Fred's is White (62%).

  • 20% of Fred's employees are Black or African American.

  • 10% of Fred's employees are Hispanic or Latino.

  • The average employee at Fred's makes $30,558 per year.

  • Fred's employees are most likely to be members of the republican party.

  • On average, employees at Fred's stay with the company for 3.2 years.

Biggest Fred's Locations

RankCityJob Count
1Madison, WI6
2Fort Worth, TX5
3Milwaukee, WI3
4Pewaukee, WI3

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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 Frederick Martin. Frederick Martin donated $6,500 to the Democratic Party.

Fred's

Parties

Republican Party

49.1 %
-

Democratic Party

49.1 %
-

Libertarian Party

1.8 %
-
Employee Political Donations
NameJob TitlePartyDonation
Frederick MartinOwnerDemocratic Party$6,500
Fred JohnsonOwnerRepublican Party$5,000
Mark TaylorChief Executive OfficerDemocratic Party$4,525
Fred DavisWholesalerDemocratic Party$4,150
Fred MartinPresidentDemocratic Party$4,000
Fred HallChief Executive OfficerRepublican Party$3,700
Fuad AteyehOwnerDemocratic Party$3,100
Marsha TaylorVice PresidentDemocratic Party$2,350
Mitchell LangstonPharmacistRepublican Party$1,730
Cathy SilvermanExecutiveDemocratic Party$1,000
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Fred's Employment Videos

Fred's Financial Performance

8.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Fred's Annual Revenue

$2B
$2B
$1B
$788M
$394M
$0
2011
2012
2013
2014
2015
2016
2017
2018

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Fred's Competitors

Competitors of Fred's include Southeastern Grocers, ALDI USA, and Orvis. Employees at Southeastern Grocers earn more than most of the competition, with an average yearly salary of $48,306. The salaries at ALDI USA average $37,663 per year, and the salaries at Orvis come in at $33,732 per year.
Companydesc
Average Salarydesc
Southeastern Grocers
Salary Range32k - 72k$48k$48,306
ALDI USA
Salary Range29k - 47k$38k$37,663

Orvis

Salary Range27k - 41k$34k$33,732
Big Lots
Salary Range26k - 41k$33k$33,427
Dollar General
Salary Range26k - 39k$32k$32,035
Walmart
Salary Range24k - 40k$32k$31,618
Walgreens
Salary Range21k - 46k$32k$31,612
Kroger
Salary Range27k - 36k$31k$31,390
Jetro Cash & Carry
Salary Range25k - 36k$31k$30,606
Kohl's
Salary Range26k - 34k$30k$30,490
$21k
$72k

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 $1.3B in revenue.

What industry is Fred's in?

Fred's is in the retail industry.

What is Fred's's mission?

Fred's's mission statement is "To make it easy AND exciting to save money. Its unique discount value store format offers customers a full range of value-priced everyday items, along with terrific deals on closeout merchandise throughout the store."

What type of company is Fred's?

Fred's is a public company.

Who are Fred's's competitors?

Fred's competitors include Dollar General, Big Lots, Kroger, Kohl's, Dillard's, Southeastern Grocers, Tuesday Morning, Walgreens, Walmart, Orvis, 99 Cents Only Stores, Pet Supplies Plus, Save A Lot, Duane Reade Holdings, Inc., Jetro Cash & Carry, ALDI USA, 7-Eleven, Menards, Phantom Fireworks, Party City.

Who works at Fred's?

Michael K. Bloom (CEO)

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Fred's FAQs

Does Fred's Drug Test?

Yes, Fred's does drug test all potential new employees prior to onboarding. Fred's preferred drug test is a mouth swab that tests for cannabis, opiates, PCP, cocaine, and amphetamines.

If you live in a state where cannabis is legalized or have a medical card and have cannabis in your system, let the hiring manager know. They may ask that you retest in 30-days.

Does Fred's Hire Felons?

Yes, Fred's does hire felons. It largely depends on the nature of your felony, the time since your conviction, your track record after your release, work experience before and after your conviction, and the position at Fred's that you are applying for.

How Do You Answer "Why Are You Interested In Working For Fred's"?

You answer this question by focusing on the company, their affordable products, and prescription services, their company culture and health benefits, and your own professional development. You should come up with three reasons why you would want to work at Fred's that tie together the company with your own interests and skills.

How Do You Write A Cover Letter For A Job At Fred's?

You write a cover letter for a job at Fred's by focusing on your passion and interest in the retail store. Also mention their products, services, company culture, and benefits, as well as professional development. You want to be sure to highlight specific skills and customer service experience related to the position at Fred's that you're applying to.

How Old Do You Have To Be To Work At Fred's?

You have to be at least 16 years old to work at Fred's. If you're between the ages of 16 and 17, then the only positions available are for a Fred's bagger or parcel handler. All other positions are available to those who are 18 years of age or older.

What Benefits Does Fred's Offer?

Fred's offers a comprehensive benefits plan to all full-time employees. Their employee benefits packages often vary by job position. Entry-level employees are required to work for specific hours before becoming eligible for benefits.

What Is The Dress Code At Fred's?

The dress code at Fred's is a uniform for retail positions and business casual for management and anyone working from the corporate offices.

For sales associates at Fred's, the uniform can vary depending on the location of the store. Some store locations, for example, may allow jeans and a Fred's polo or button-down company shirt. Other locations may require khaki pants. Pharmacy technicians must wear a button-down shirt with black pants or khakis. The security team usually wears all black.

What Is The Hiring Process At Fred's?

The hiring process at Fred's involves multiple stages and can take between one to four weeks to complete, depending on the position. Fred's hiring process for customer service and pharmacy technicians, for example, takes one to two weeks. Their management, office, and corporate positions, however, take closer to a month.

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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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Fred's. 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.