Fred’s pharmacies will close

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After the Fred’s store in Waynesboro closed over the summer, along with several other Fred’s locations across the southeast, the company assured customers that the Fred’s Pharmacies would remain open. However, that apparently changed when Fred’s announced last week that they will be closing multiple pharmacies, including the one in Waynesboro. It was stated that Fred’s Pharmacy will close their doors to the public on Friday, October 11th.   

The fate of Fred’s was shrouded in uncertainty since the company’s plans to profit from a mega-merger between pharmacy giants Walgreens Boots Alliance and Rite Aid collapsed in late June 2017 amid federal anti-trust concerns. Fred’s, which was set to dramatically increase its store count as part of that deal, was instead left with no clear path to growth. The company reportedly filed Chapter 11 bankruptcy earlier this year.

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