Shopko confirmed that plans to close 39 of its 363 stores by the end of February. Bloomberg reported that the Wisconsin-based retailer was making preparations for a bankruptcy filing.
Bloomberg said the preparations for bankruptcy come as efforts to find a buyer have stalled. The general merchandise chain, owned by Sun Capital Partners Inc., could still reach agreement on an out-of-court restructuring, according to the report.
The closures of the 39 stores overwhelmingly impact the smaller Shopko Hometown format, which focuses on 15,000-square-foot to 35,000-square-foot stores in smaller towns.
FULL LIST OF CLOSING STORES
Leadville CO
Buena Vista CO
Bonners Ferry ID
Dwight IL
Webster City IA
Cherokee IA
Eldora IA
Anthony KS
Russell KS
Phillipsburg KS
Clay Center KS
Lyons KS
Larned KS
Brandenburg KY
Mahnomen MN
Paynesville MN
Albany MO
Plentywood MT
Lincoln NE
Ord NE
Kimball NE
Lovington NM
Oakes ND
Stanley ND
Lisbon ND
Mayville ND
Fairview OK
Redfield SD
Wagner SD
Webster SD
Dell Rapids SD
Presidio TX
Delta UT
Nephi UT
Blanding UT
Beaver UT
Spokane WA
Mauston WI
Greybull WY
