The Board of Directors of Fred's Inc. (FRED) today announced that it has named Jerry A. Shore Chief Executive Officer of the Company. Shore's promotion follows the Board's receipt and acceptance of notification by Bruce A. Efird of his intention to leave the Company upon the expiration of his employment contract.
Nordstrom today announced plans to close its Mall of Georgia Store in Buford, Georgia. Originally opened in 2000, the store will remain open to serve customers through its last day of business on February 28, 2015.