Shopko files for bankruptcy; 105 stores to close*

retailisking · January 12, 2019, 10:08:37 AM

*Subject modified to reflect bankruptcy filing
https://www.bizjournals.com/milwaukee/news/2019/01/11/more-closures-planned-for-shopko-stores-as.html

danfifepsu · January 13, 2019, 11:10:55 AM

Quote from: retailisking on January 12, 2019, 10:08:37 AM
https://www.bizjournals.com/milwaukee/news/2019/01/11/more-closures-planned-for-shopko-stores-as.html

Could this means Shopko liquidates oh in 2020?

retailisking · January 13, 2019, 09:56:25 PM

Quote from: danfifepsu on January 13, 2019, 11:10:55 AM
Could this means Shopko liquidates oh in 2020?

It could happen a lot sooner than that!

danfifepsu · January 14, 2019, 12:57:41 PM

Quote from: retailisking on January 13, 2019, 09:56:25 PM
Quote from: danfifepsu on January 13, 2019, 11:10:55 AM
Could this means Shopko liquidates oh in 2020?

It could happen a lot sooner than that!

what makes you say that? It never seemed they were in trouble.

retailisking · January 16, 2019, 01:12:55 PM

https://www.greenbaypressgazette.com/story/money/2019/01/16/shopko-files-bankruptcy-close-38-more-stores/2551819002/

danfifepsu · January 16, 2019, 04:20:11 PM

https://www.cbsnews.com/news/shopko-filing-for-bankruptcy-green-bay-wisconsin-based-retail-chain-closing-more-than-100-stores/

Retail Fan+ (Justin Hill) · January 17, 2019, 03:11:30 AM

I'm going to miss shopping at the first Shopko when it closes. That store holds so many memories. My memories of shopping Shopko in the '90s, '00s and '10s will be looked back upon with pride, much like the many users of this forum from the Atlantic and New England states look backed upon shopping Ames, Zayre, Hills, Caldor or Bradlees.

Luckily, that store is the only one in the Green Bay metro area to close, as there are four other locations in my area that are in much nicer condition, as the first store, built in 1962, was deteriorating, and the connected space vacated by a Jubilee Foods supermarket next door in contained trace amounts of asbestos. Jubilee Foods left the building in 2001.

danfifepsu · February 07, 2019, 11:11:27 AM

https://www.greenbaypressgazette.com/story/money/2019/02/06/shopko-store-closures-now-exceed-250/2794537002/ says more are closing. Will Shopko make it to July? 70 percent of it's store base gone is NOT GOOD at all.

Amesguy2000 · February 14, 2019, 12:43:07 PM

Someone I know went to the Syracuse Indiana Shopko and the lady that was checking their items out was telling her that next week they (corporate) were going to come into the location and announce that the location was closing.... anyone able to find truth to this???

Amesguy2000 · February 15, 2019, 09:28:44 AM

Backing on my last comment, I emailed Shopko and got confirmation that the location will in fact close, so expect more announced closures soon....

danfifepsu · February 15, 2019, 02:04:32 PM

Quote from: Amesguy2000 on February 15, 2019, 09:28:44 AM
Backing on my last comment, I emailed Shopko and got confirmation that the location will in fact close, so expect more announced closures soon....

they may as well close them all as there wont be much left and I said before more of the norm when filing for Chapter 11 is eventually closing down operations.