WebDiscount retailer Shopko, which filed for bankruptcy in December of 2024, will close all its remaining stores by the summer of 2024. ... The Forest City Shopko is scheduled to close on May 12. WebMar 19, 2024 · FAIRMONT — Shopko will close all of its stores, including the Fairmont location, within three months, the Green Bay-based retailer announced Monday. About 5,000 employees will lose their jobs. On Jan. 16, Fairmont was listed among 100 of the company’s 360 stores it planned to close in its effort to regroup after filing for bankruptcy.
List of closing Shopko stores grows to include …
WebIn broad terms, Shopko’s ultimate demise resulted from three things: 1. Undercapitalization 2. Weaker Positioning 3. Lack of Scale. I’ll go through each in more detail. We’ll start with undercapitalization. It’s a little known fact that Kmart, Wal-Mart, Target, Woolco and Shopko all built their first discount store in 1962. WebJan 17, 2024 · Shopko said it will file for Chapter 11 bankruptcy protection and close 38 additional stores due to excessive debt and growing competitive pressures. Shopko, … financial assistance with car repairs
All remaining Shopko stores to close this summer - La Crosse Tribune
WebJan 17, 2024 · Shopko will close both its Neenah and Menasha stores, leaving two strip malls without an anchor moving forward. ... about coming to Neenah prior to Shopko's announcement. "I did get a letter … WebJan 17, 2024 · The general product retailer Shopko will be closing more than 100 stores nationwide, including 13 in Utah, after filing for Chapter 11 bankruptcy protection on Wednesday. Excess debt and... WebJan 17, 2024 · Print. Shopko said it will file for Chapter 11 bankruptcy protection and close 38 additional stores due to excessive debt and growing competitive pressures. Shopko, which operates about 40 stores ... gst and imported goods