ShopKo February Same-store Sales Decline 1.2%…

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended March 1, 2003 were $215.6 million, 1.3 percent lower than the $218.5 million reported for the same period last year. Consolidated comparable store sales declined 1.2 percent.

  Sales Summary by Business Segment 
      (dollars in millions) 

Retail      Period     4 
Segments     Ended   Weeks:  % Change   
            03/01/03 Total**   Comp* 
---------   -------- ------- ---------
ShopKo        163.5  (1.0)%   (1.0)% 
Pamida         52.1  (2.4)    (1.8) 
Total Retail $215.6  (1.3)%   (1.2)% 

* Comparable store sales represent sales of those stores open during
both fiscal years.
** Pamida division total sales variance reflects sales in the prior year
periods from two locations which have been closed and not replaced.

2003 Business Outlook
For the month of March 2003, the Company expects to be negatively impacted by the Easter holiday shift and expects consolidated comparable store sales to be in the negative high single digit range. The Company believes combining the months of March and April will provide a more meaningful comparison and will provide additional consolidated comparable store sales guidance in its fourth quarter/year end conference call March 13, 2003.