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Shopko is going out of business after more than half a century serving the northern U.S. Its demise will put more than $2 billion of annual sales up for grabs.
In 2015, due to bankruptcy, Shopko acquired 20 ALCO Stores locations with the plan of converting them to Hometown locations. Shopko also changed its slogan to "The Stuff that Counts". [50] Late in 2016, Shopko closed four stores due to poor sales [51] [52] [53] but also opened one in Ely, Nevada. [54] In November 2016 Shopko launched its first ...
Shopko filed for bankruptcy on January 16, 2019, and planned to close 250 of its more than 360 stores. However, on March 18, 2019, Shopko announced the closure of all remaining stores due to a buyer not being found for the chain. Liquidation sales ended by June 2019. [282]
The building would remain empty in the years after Shopko's liquidation in federal bankruptcy court, even as owners of the other 300-plus Shopko stores found a wide array of new uses for theirs.
Going out of business sales at all locations started on November 21, 2014. The last ALCO store closed in March 2015. 20 locations were acquired by Shopko, and were converted into Shopko Hometown stores. [5] Those locations closed permanently after Shopko filed for bankruptcy in 2019. Bomgaars took over 12 former locations. [6]
Harbor Freight and Five Below are open in the former Shopko building in Wisconsin Rapids. Marshalls will join the development in 2024. ... While 41,000 square feet of the department store space ...
The Studio Stores were a victim of the AOL-Time Warner merger, and shuttered operations in 2001. [71] Yellow Front Stores – Founded in the 1950s as an army surplus store, Yellow Front transitioned to become a camping gear retailer before going bankrupt in 1990.
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