Contact Hilco Streambank to learn more about the sale process and to obtain access to the virtual data room.
David Peress 617.642.1909 dperess@hilcoglobal.com
Richelle Kalnit 212.993.7214 rkalnit@hilcoglobal.com
Ben Kaplan 646.651.1978 bkaplan@hilcoglobal.com
Hilco Streambank is a market leading advisory firm specializing in intellectual property disposition and valuation. Over the last decade Hilco Streambank has become a leader in the IP valuation and disposition market. Having completed numerous transactions including sales in publicly reported Chapter 11 bankruptcy cases as well as private transactions, Hilco Streambank has established itself in the internet and telecom community as a responsible and effective intermediary in the space.
December 13, 2019 12:00 p.m. (prevailing Eastern Time)
December 18, 2019 10:00 a.m. (prevailing Eastern Time)
Since 1947, Fred’s has been an integral part of the communities it serves throughout the southeastern United States. The retailer, with 556 brick and mortar outlets and an online presence at fredsinc.com, generally serves low-, middle- and fixed-income families located in small- to medium-sized towns. Fred’s offers frequently purchased items that address the everyday needs of its customers, including nationally recognized brands, proprietary Fred’s label products and a full range of value-priced selections. The brand’s customers tend to be value-oriented and budget-conscious, and often live in rural areas without easy access to large discount retailers. Many of those customers are members of the Fred’s Rewards Club Loyalty Program.
Fred’s launched the Rewards Club Loyalty Program in September 2018. Customers were also able to register their email address on the Fred’s website to obtain email offers and digital coupons.
Contact Hilco Streambank for more information regarding the available assets and sale process, including access to a virtual data room. The sale is subject to approval of the United States Bankruptcy Court for the District of Delaware.
David Peress617.642.1909dperess@hilcoglobal.com