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Shopko.com at the Wayback Machine (archived January 5, 2019) Shopko (stylized as SHOPKO, formerly stylized as ShopKo) was a chain of department stores based in Green Bay, Wisconsin. All locations closed on June 23, 2019, with the exception of the Shopko Optical locations, [3] which continue to operate. The company was founded in 1962 by James ...
The company does not provide a list of which stores it will be closing down as part of the Chapter 11 restructure. The Shopko bankruptcy will also have the company relocating 20 of its Optical ...
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Mervyn's was an American middle-scale department store chain based in Hayward, California, and founded by Mervin G. Morris (1920–2021). It carried national brands of clothing, footwear, bedding, bath products, furniture, jewelry, beauty products, electronics, toys, and housewares.
ShopKo Stores. Ashwaubenon, Wisconsin-based ShopKo Stores rounds out the list of major retailers declaring bankruptcy in the first few months of 2019 as the retailer filed for Chapter 11 and ...
Eventually, Sun Capital initiated layoffs, closing all Shopko stores, and leaving 14,000 employees out of work. And there you have how private equity firms wreck companies they acquire.
SuperValu retained a 46% interest in the new company, which Shopko later purchased in 1997. SuperValu founded the clothing store County Seat in 1973 and sold it to Carson Pirie Scott in 1983. In 1975, SuperValu acquired Hornbacher's. In 1980, the company acquired Minnesota-based Cub Foods, which operated five stores in the Twin Cities area.
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.