ShopKo June Same Store Sales off 1.5%

ShopKo Stores, Inc. reported consolidated sales for the five weeks ended July 5, 2003 decreased 1.7 percent to $295.9 million from $300.9 million during the same period last year. Consolidated comparable store sales decreased 1.5 percent.

Sales Summary by Business Segment (dollars in millions)

     Retail Segments
                                  Period Ended               % Change
     5 Weeks:                       07/05/03          Total**         Comp*
     ShopKo                          $214.9            (3.1)%        (3.1)%
     Pamida                            81.0             2.3           2.8
     Total Retail                    $295.9            (1.7)%        (1.5)%

     22 Weeks:
     ShopKo                          $924.8            (3.9)%        (3.9)%
     Pamida                           323.2             1.1           1.8
     Total Retail                  $1,248.0            (2.7)%        (2.5)%

     *  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 six locations which have been closed and not replaced.

July Outlook

The Company expects consolidated comparable store sales for the month of July to be negative low single digits.