Shopko files for Chap. 11 protection
GREEN BAY, Wis. — Shopko Stores Operating Co. filed for Chapter 11 bankruptcy protection on January 15 and said it would shutter more than 100 stores as part of its reorganization plan. In seeking court protection from creditors, Shopko cited assets of less than $1 billion and liabilities of between $1 billion and $10 billion.