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Thread: Another retailer declares Bankruptcy, Now it's Shopko

  1. #1
    President Member
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    Apr 2005
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    Lincoln, NE, USA.
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    Another retailer declares Bankruptcy, Now it's Shopko

    Good Afternoon,

    I saw a news item this morning that Shopko, a Midwestern retailer out of Wisconsin, filed for bankruptcy this morning in Federal court in Omaha. When I reading headlines around lunchtime, I saw an item from the Lincoln Journal Star that Shopko is closing all four of its stores in Lincoln, Nebraska by April , 2019.

    Shopko wasn't a bad chain, the stores were always clean and they had a nice variety of products to sell BUT they always seemed understaffed while having the help wanted signs out and for a store chain with stores similar in size to a regular Target and with prices inline with Target and Walmart, there was a notable lack of customers. If I forgot laundry soap, I could get laundry soap with out turning around because there were two Shopkos on the way.

    I wonder if Shopko will join the list of retailers that had success and didn't change with the times like Woolworths/Woolco, Kresges/Kmart, Grants, Wards and perhaps Sears.

    Jeff T.
    \"I\'m getting nowhere as fast as I can\"
    The Replacements.

  2. #2
    President Member Jeff_H's Avatar
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    Dec 2004
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    S RR Valley, ND, USA.
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    List of stores to be closed:

    http://info.shopko.com/closing-locations.pdf

    More about why:

    https://www.greenbaypressgazette.com...es/2551819002/

    In review of the list, seems like most of the locations are in smaller towns. Probably in many of those places, they could be nearly the only chain retailer.

    Jeff in ND

  3. #3
    Silver Hawk Member Milaca's Avatar
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    There are two Shopko's in St. Cloud, MN, one east-side location and one west-side location. It had just one Shopko store that was very busy until the late 1980's, when they vacated the building and built two new stores to replace it. I don't know why they have two locations, as the east-side location has had very little business for twenty-plus years.

    In the middle of MinneSTUDEa.

  4. #4
    Silver Hawk Member Milaca's Avatar
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    Milaca, Minnesota, USA.
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    More stores closing. Here is a link to a list of all effected stores: http://info.shopko.com/closing-locations.pdf?v=3

    In the middle of MinneSTUDEa.

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