Bankruptcy looms for Shopko

(WGEM) – Shopko, which owns multiple stores in the region, could file for bankruptcy as early as next week.

The Green Bay Press Gazette reported that an attorney for a pharmaceutical company which is owed $67 million by Shopko said during a hearing Monday that Shopko is expected to file for bankruptcy on Tuesday.

This follows reports from Bloomberg in December that Shopko was having trouble finding a buyer and was making preparations to file bankruptcy.

Also in December, Shopko announced the closing of their in-store pharmacies.

The company’s website states the Wisconsin-based retailer operates 134 Shopko stores, 176 Shopko Hometown locations, 18 Shopko Pharmacy locations, and five Shopko Express stores.

The company has locations in the following cities and towns:
Aitkin, MN
Ely, MN
Duluth, MN
Moose Lake, MN
Mora, MN
Two Harbors, MN
Spooner, WI

Krystal Frasier

Krystal Frasier

Social Media and Digital Content Manager
TOP STORIES

KBJR 6 Weather Authority

Ashland
47°
Hayward
43°
Superior
43°
Hibbing
42°
International Falls
43°
Grand Marais
37°
Ironwood
44°
Siren
46°
Solon Springs
43°
Munising
44°
Brainerd
45°
Bemidji
40°
Aitkin
43°
Silver Bay
45°
Cloquet
45°
Cook
45°
Ely
43°
Grand Rapids
41°
Mora
45°
Moose Lake
45°
Orr
45°
Two Harbors
43°
Hinckley
Connect with KBJR 6
Top Stories
Scroll to top
Skip to content