Freds News

Designs Direct of Covington, Ky., has recalled about 2,000 of its Living Traditions rooster lamps, because the electrical cord can fray near the base of the lamp, posing a fire or shock hazard, the Consumer Product Safety Commission reported today.

Fred's 's stock had its "outperform" rating reiterated by research analysts at Morgan Keegan in a report issued on Thursday.

An employee of the store on North Leg Road spotted Dominique Grady Edwards , 25, attempting to steal the oil on Tuesday, according to an incident report.

The Memphis-based discount merchandise retailer ended fiscal 2011 with $1.87 billion in total sales, up slightly compared to $1.84 billion in 2010.

One of the best ways to live frugally is to follow sales to locals stores, but shoppers seeking to be thrifty shouldn't chase every sale or travel to stores far outside there usual shopping area.