Connect with us

Headlines

Shopko Shuttering Last Stores

A buyer was not found for the chain

Published

on

Shopko Stores (Green Bay, Wis.) will be liquidating and closing all of its remaining locations. The company was hoping that a buyer would prevail to take over the chain, following its move toward bankruptcy in January.

Initially upon filing for Chapter 11 bankruptcy, the company closed about 100 of its 363 stores. Now, it will begin closing all other stores starting this week. They are all expected to be liquidated and closed by mid-June, according to USA Today.

However, according to CBS News, the company may still keep its 51 optical departments in operation. The company secured up to $480 million in financing that may make that option viable.

Advertisement

SPONSORED VIDEO

Embracing Whole-Brained Thinking in the Design Journey

Strategy needs creative, and creative needs strategy—yep, having both is really the only way of unifying all disciplines with a common vernacular with an eye toward building a strong creative vision that is foundational to the processes. Hear from Bevan Bloemendaal, former VP, Global Environments & Creative Services at Timberland, how to connect the dots between disciplines, claiming and creating a clear differentiation for the brand and ensuring that any asset (experience, product, ad, store, office, home, video, game) is created with intention.

Promoted Headlines

Most Popular