Located in Morrilton, Ark., Freds Inc. is a chain of retail stores featuring general merchandise. The store houses an array of products, such as food, health/beauty, home/home decor, household/cleaners and party supplies/toys. The company provides its own brand products to its customers. Freds Inc. also has a pharmaceutical store, which features medical supplies. The company operates almost 700 discount general merchandise stores, including 24 franchised Fred's stores across the United States. Freds Inc. stores stock more than 1000 grocery items.