MEMPHIS, Tenn.--(BUSINESS WIRE)--Fred's Inc. (NASDAQ: FRED) today reported sales for the five-week fiscal month of December and the 11-month year-to-date period ended January 3, 2015. Fred's total sales for the month increased 1% to $210.7 million from $209.1 million in December 2013. Comparable store sales for the month declined 1.4% versus an increase of 1.4% for the same period last year. Fred's total sales for the year-to-date period increased 1% to $1.830 billion from $1.805 billion for th