Fred's Inc.
| Primary URL | Location | Industry | freds[.]com |
Country
United States of America
|
Retail
|
|---|
Profile
Fred's Inc., operating under the banner Fred's Super Dollar, is headquartered in the United States. The company runs a retail chain that offers a broad assortment of general merchandise. Its store network comprises hundreds of locations spread across 14 states, giving it a regional footprint. Fred's Super Dollar serves consumers looking for everyday essentials. The retailer processes customer payments through its own point‑of‑sale and payment‑processing systems. Maintaining secure transaction environments is a key part of its operational model.
In March 2015, Fred's Inc. experienced a cybersecurity breach in which malicious software was installed on two payment‑processing servers, copying Track 2 data from card transactions. The incident exposed payment‑card information used at its retail locations. Upon discovery, the company contained the intrusion, assisted law‑enforcement investigations, and collaborated with payment‑card networks to limit further exposure. Following the breach, Fred's implemented enhanced security measures to address the vulnerability that allowed the malware to persist. The episode highlighted the need for robust monitoring and patch‑management practices in retail payment environments. No further details about ownership or parent‑company relationships are provided in the available sources.
