The discount chain Fred's announced Thursday the closing of 104 underperforming stores as part of its "ongoing efforts to streamline its footprint."

The new wave of closings comes five weeks after the Memphis-based company began "liquidating" its liquidation sales in 159 stores and follows an assessment of store performance and the timing of lease expirations, said Fred & # 39. in a statement.

"These additional store closures are a difficult but necessary step in the further restructuring of Fred's," said Joseph Anto, Fred's CEO, in a statement.

Liquidation of the 104 stores will begin Thursday and stores are expected to close by the end of June. Mississippi, Arkansas, Georgia and Tennessee lose most locations.

Liquidation company SB360 Capital Partners manages the liquidation sales of Fred & # 39; s.

"We expect quite a bit of traffic at the beginning of these 104 stores, as we saw with the initial group of 159 stores," Aaron Miller, executive vice president of SB360, told TODAY USA.

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Fred's currently closes an additional 104 stores, accounting for 18% of the company. Mississippi, Arkansas, Georgia and Tennessee lose most locations. (Photo: SB360 Capital Partners)

The first-round stores are expected to close by the end of May, Miller said.

Ziggy Schaffer, executive vice president of SB360, said the stores would continue to stock up on commodities such as milk, eggs, beverages and household cleaning products.

"It really makes it a one-stop destination," said Schaffer. "The daily supply of fresh products is very attractive, especially given the discounts offered on the low prices of the day. It is very beneficial for the customers. "

In April, Fred's reported having 557 stores in 13 states. After the 263 closures, representing 46% of the company, there will remain 294 sites.

Fred's is not the only retail store.

Based on figures from global market research firm Coresight Research, bankruptcy filings and corporate earnings reports, more than 6,500 stores are expected to close in 2019.

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Closure of stores

The 104 stores are expected to close by the end of June.

Alabama

  • Aliceville: 105 Memorial Parkway West
  • Ashville: 35360, American Highway 231
  • Dothan: 2146 S Oates St.
  • East Brewton: 802 Forrest Avenue.
  • Eclectic: 1734 Kowaliga Road
  • Hanceville: 802 Main Street NE
  • Prattville: 715 E Main St.
  • Robertsdale: 17870 Baldwin Farms Place

Arkansas

  • Augusta: 1302 Highway 64 East
  • Greenbrier: 57 S Broadview St.
  • Haskell: 6027 Highway 67
  • Jacksonville: 428 S James St.
  • Jonesboro: 4212 E Johnson Ave.
  • Little Rock: 15700 Arch St.
  • Magnolia: 406 W Main St.
  • Malvern: 110 N Main St.
  • Marion: 2695 State Highway 77 S
  • Marshall: 1002 Highway 65 North
  • Mayflower: 652 Highway 365
  • Melbourne: 609 East Main St.
  • Monticello: 406 Highway 425 S
  • Pea Ridge: 198 N Curtis Ave.
  • Pine Bluff: 1701 Commerce Road
  • White Hall: 8515 Dollarway Road

Florida

  • Green Cove Springs: 1435 S Orange Ave.
  • Live oak: 1535 Ohio Ave. S
  • Milton: 6522 Caroline Street

Georgia

  • Albany: 1001 N Slappey Blvd.
  • Baxley: 875 S Main St.
  • Colbert: 15, Colbert Business Parkway W
  • Conyers: 425 Sigman Road NW
  • Douglas: 813 Bowens Mill Road SE
  • Dublin: 122 Hillcrest Parkway
  • Jesup: 650 W Cherry St.
  • Leesburg: 118 Robert B Lee Drive
  • Macon: 6109 Houston Road
  • Moultrie: 2601 S Main St.
  • Ocilla: 224 E 4th St.
  • Rome: 3233 Martha Berry Road, North West
  • Thomaston: 1090 Highway 19 North
  • Tifton: 1442 Tift Ave. NOT
  • Valdosta: 4401 Bemiss Road

Fred's currently closes an additional 104 stores, accounting for 18% of the company. Mississippi, Arkansas, Georgia and Tennessee lose most locations. (Photo: SB360 Capital Partners)

Illinois

  • Breese: 6 N 4th St.
  • El Dorado: 1021 highway 45 north

Kentucky

  • Munfordville: 1181 Main Street
  • Springfield: 1117 Lincoln Park Road

Louisiana

  • Bastrop: 2017 E Madison Ave.
  • Bossier City: 1882 Airline Drive
  • Marksville: 306 Moreau Street
  • Monroe: 1701 N 18th Street
  • Moss Bluff: 899 N Highway 171
  • Ruston: 7616 Highway 80
  • Tioga: 4828 Shreveport Highway
  • West Monroe: 2615 N 7th St.
  • West Monroe: 207 Washington Street

Mississippi

  • Amory: 905 Highway 278 E
  • Brandon: 1898 path of the spillway
  • Brookhaven: 964, boul. From Brookway
  • Clinton: 200 Clinton Blvd.
  • Corinth: 2040 E Shiloh Road
  • Crystal Springs: 25096 Highway 51
  • Hattiesburg: 5266 Old Highway 11
  • Hazlehurst: 140 shopping centers
  • Hernando: 6 E Commerce St.
  • Moss Point: 7833 Highway 613
  • Oxford: 1930 University Ave.
  • Pearl: 5760 Highway 80 E
  • Sardis: 401 E Lee St.
  • Senateobia: 102 Norfleet Drive
  • Southaven: 8912 Northwest Drive
  • Starkville: 605 S Jackson St.
  • Tupelo: 1317 E main street
  • Vancleave: 12201 Highway 57

Missouri

  • Hayti: 603 E Washington St.

North Carolina

  • Hickory: 2350 NE Springs Road
  • Rutherfordton: 150 Park Lane Drive

Caroline from the south

  • Bishopville: Highway 618 Sumter
  • Camden: 1521 Jefferson Davis Highway
  • Chesterfield: 2404 West Blvd.
  • Gaston: 106 Circle Jimmy Martin
  • Lyman: 200 Spartanburg Highway
  • Newberry: 1827 Wilson Road
  • Piedmont: 908 Anderson Street
  • Sumter: 209 Broad St.
  • Woodruff: 505 Laurens Road

Tennessee

  • Bartlett: 6064 Stage Road
  • Centerville: 1797, Highway 100 East
  • Columbia: 425 W 7th St.
  • Etowah: 733 Lawrence Street
  • Humboldt: 2549 N Central Ave.
  • Huntingdon: 535 High Street
  • Lafayette: 1109 Scottsville Road
  • Memphis: 4589 Quince Road
  • Memphis: 6500 Quince Road
  • Memphis: 7143 Winchester Road
  • Milan: 5028 S 1st St.
  • Savannah: 1103 Florence Road
  • Sparta: 159 W Turn Table Road
  • Sweetwater: 522 S Main St.
  • Union City: 1405 S Home St.

Texas

  • Bridgeport: 801 Turkey Creek Trail
  • Hallsville: 1000 W Main St.
  • Jacksboro: 618 N Main St.
  • White Oak: 605 E, American Highway 80

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