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EXCEL - IDEA: XBRL DOCUMENT - FREDS INCFinancial_Report.xls
10-Q - FORM 10Q - FREDS INCv329058_10q.htm
XML - IDEA: XBRL DOCUMENT - FREDS INCR1.htm
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EX-32 - EXHIBIT 32 - FREDS INCv329058_ex32.htm
EX-31.1 - EXHIBIT 31.1 - FREDS INCv329058_ex31-1.htm
EX-31.2 - EXHIBIT 31.2 - FREDS INCv329058_ex31-2.htm
v2.4.0.6
RELATED PARTY TRANSACTIONS
9 Months Ended
Oct. 27, 2012
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

NOTE 7: RELATED PARTY TRANSACTIONS

 

Atlantic Retail Investors, LLC, which is partially owned by Michael J. Hayes, a director of the Company and Chairman of the Board, owns the land and buildings occupied by three Fred’s stores. The terms and conditions regarding the leases on these locations were consistent in all material respects with other stores' leases of the Company with unrelated landlords. The total rental payments related to related party leases were $225.7 thousand and $362.3 thousand for the thirty-nine weeks ended October 27, 2012 and October 29, 2011, respectively.