ShopKo Comps Off 0.6% in July

ShopKo Stores consolidated sales for the four weeks ended July 31, 2004 decreased 0.9% to $222.5 million from $224.6 million during the same period last year. Consolidated comparable store sales decreased 0.6%.

         Sales Summary by Business Segment (dollars in millions)

   Retail Segments                       Period Ended        % Change
   4 Weeks:                                 7/31/04      Total**     Comp*
     ShopKo                                  $163.7      (0.5)%     (0.1)%
     Pamida                                    58.8      (2.1)      (2.2)
     Total Retail                            $222.5      (0.9)%     (0.6)%

   13 Weeks:
     ShopKo                                  $568.8       1.8%       2.1%
     Pamida                                   206.8       0.4        0.7
     Total Retail                            $775.6       1.4%       1.7%

   26 Weeks:
     ShopKo                                $1,121.6       3.0%       3.1%
     Pamida                                   389.0       1.5        1.9
     Total Retail                          $1,510.6       2.6%       2.8%

    * Comparable store sales represent sales of those stores open during
      both fiscal years and do not include sales from the ShopKo wholesale
      optical lab.
   ** Pamida division total sales variance reflects sales in the prior year
      periods from seven locations which have been closed and not replaced,
      and two new Pamida locations opened in FY 2003.  Sales variance also
      reflects sales from two closed Pamida locations and one new location
      in FY 2004.

      ShopKo division total sales variance reflects sales from one closed
      ShopKo location in FY 2004.

Consolidated comparable store sales for the month of August are expected to be in the positive low single digit range.