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account today. It's Monday, September 9th. Welcome to market foolery.

I'm Chris Hill joining me in studio,

safe from Florida,

Stan Klein.

There was no storm.

We did all the prep, we got everything ready, batteries, water, some of that stuff's going to the Bahamas now, but yeah, we missed the storm, which, you know, happy about that.

Good. We've got a couple of big restaurant chains that are making headlines. We have a couple of highlights from

FinCon, the big event last week, including an announcement from the Motley Fool, which I will

share in a little bit, but we're going to start with retail. Not good news for discount retail chain,

Fred's, shares of Fred's down 40% this morning, closing all of its stores filing

Chapter 11 and for those unfamiliar with Fred's it operates in

15 states across the southeast United States and this this is a story that we've seen play out over the last couple of years with

sports authority with Toys R Us and now it's hitting Fred's. So Fred's isn't an

interesting position because they've been sort of like an under-the-radar seers where like for the last three years every time I have to write it like these companies are closing stores they were probably on the list and they sort of did the let's get smaller

And that will somehow make us profitable.

What they weren't doing is the concurrent why are we losing business.

They didn't make major changes.

They didn't sort of revamp their offering.

And they actually had something that has worked for other people.

They're a discounter.

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