GREEN BAY, Wis. — Shopko Stores Operating Co. began liquidating its assets last month after it was unable to find a buyer for its struggling retail business. The retailer, which filed for Chapter 11 bankruptcy protection in January, was still seeking to auction off its optical business as this article went to press. “This is
GREEN BAY, Wis. — Shopko, having been unable to find a buyer, said Monday that it plans to begin liquidating its assets. The company, which filed for Chapter 11 bankruptcy protection in January, said it was still evaluating strategic options for its optical business. But the company said it would begin an “orderly wind-down of
GREEN BAY, Wis. — Shopko Stores Operating Co. filed for Chapter 11 bankruptcy protection on Wednesday. The retailer said it would also be closing 38 stores as part of a reorganization process that was prompted by “excess debt and ongoing competitive pressures.” Shopko said it will also be moving more than 20 of its in-store
WEST DES MOINES, Iowa — Hy-Vee Inc. has acquired the prescription files of 22 Shopko pharmacies in Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin. Shopko patient files will merge into existing Hy-Vee Pharmacy locations in the 17 cities where the acquisitions have taken place. “As we continue to grow our pharmacy business, we pride
GREEN BAY, Wis. — Shopko recently expanded the grocery departments of 127 stores nationwide to offer a larger selection of food and beverage products, the company announced on Tuesday. Of those stores, 17 include cooler and freezer sections. The company said the move is part of an ongoing effort to meet the needs of the local
GREEN BAY, Wis. — Retail and pharmacy industry veteran Andre Persaud has left Shopko Stores Operating Co. to pursue new opportunities. Persaud has led a number of key initiatives since joining the general merchandise and pharmacy retailer in April 2015 as executive vice president of retail, a role in which he oversaw the company’s three