Discount retail and pharmacy chain Fred’s has filed for bankruptcy and will shutter all of its remaining stores within two months. Fred’s will continue fulfilling prescriptions at most of its drugstores during this time, while pursuing the sale of its pharmacies.

Fred’s deals in general merchandise products, including food, beverage, and household cleaning supplies. The 70-year old retailer had nearly 568 stores at the beginning of April 2019 but has been closing hundreds of stores since that time in an effort to remain solvent.

Source: Fortune.com