Fred’s is closing 159 locations by next May. Most will close before then. The Haleyville store next to the Haleyville City Hall on 21st Street is one of those locations. The closures include underperforming and unprofitable locations, which Fred’s said will include a “thorough evaluation of the company’s current operating plan as well as other potential alternatives to maximize value.”

With everything in the store marked down to reduce the inventory, Fred’s in Haleyville is due to be closed in the first part of August.

Fred’s also sold off most of its pharmacy assets to Walgreens, including its pharmacy patient prescription files and remaining pharmacy inventory. The company operated 179 pharmacy stores. The transaction closed at the end of the company’s fourth fiscal quarter. The downtown Haleyville Fred’s pharmacy is reported to still be Fred’s pharmacy and will remain open.

Fred’s was started in 1947 and serves the southeastern portion of the U.S.