DULUTH, MN — ShopKo has announced all of its remaining stores will be closing later this year.
On Monday, the company announced despite its best efforts, a buyer was not found after announcing a plan for financial restructuring in January.
The Wisconsin-based retailer operates 134 Shopko stores, 176 Shopko Hometown locations, 18 Shopko Pharmacy locations, and five Shopko Express stores.
At this time, the company says it is “evaluating strategic options for its optical business.”
In addition, the wind-down of its retail operations will start this week, with the liquidation process ending in about 10-12 weeks.
The company has locations in the following cities and towns in the Northland, which were all spared as part of the original closure plan. All are expected to close by June 16:
Moose Lake, MN
Two Harbors, MN
This is a developing story – check back for details.
We’ve uploaded the court document below: