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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): MARCH 6, 1996
FRETTER, INC.
(Exact name of registrant as specified in its charter)
Michigan 0-14611 38-1557359
(State of Incorporation) (Commission (I.R.S. Employer
File Number) Identification No.)
12501 Grand River
Brighton, Michigan 48116
(810) 220-5000
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NO EXHIBIT INDEX INCLUDED
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ITEM 5. OTHER EVENTS
Fretter, Inc. has initiated a plan to close substantially all of its
retail locations outside the State of Michigan which are presently operated by
Fretter and its subsidiary, Fred Schmid Appliance & TV Co. All of the
Company's retail store locations have been listed for sale or lease. Fretter
is presently unable to accurately predict what amount will be recorded as a
store closure reserve for its fiscal year ended January 31, 1996 to reflect the
costs associated with the store closures. Fretter is in the process of
evaluating alternative plans for continued business operations, including
different retail store formats than presently or historically have been
operated, although no assurance can be given that these, or any other, plans
will be implemented or if implemented will be successful.
Recently, the Nasdaq SmallCap quotation/trading medium discontinued
including Fretter stock. Fretter's stock now is quoted in the "electronic
bulletin board" system in the over-the-counter trading arrangements.
FRETTER, INC.
By: /s/ JOHN B. HURLEY
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Name: JOHN B. HURLEY
Title: PRESIDENT
Date: March 6, 1996
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