Is Shopko Going Out Of Business 2025

Is Shopko Going Out Of Business 2025. ShopkoGoing Out Of BusinessFond Du Lac, Wisconsin Flickr In February Shopko announced plans to close 250 stores, but the company was still hoping to sell off its remaining 120 stores as a viable ongoing business The Green Bay, Wisconsin-based retailer was founded by a.

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These brands are closing stores and may not be around much longer! Retail stores have good times and bad, but not everyone comes out on top amid financial struggles

Shopko TV Commercial, 'Going Out of Business' iSpot.tv

From retail to restaurants, 2025 hasn't exactly been kind to several notable chains spread throughout the U.S But Shopko was unable to find a buyer, and the company said it was cancelling an auction that had been planned for Tuesday and instead has enlisted the firm Gordon Brothers to oversee a. In January, Shopko said it secured up to $480 million in financing from Wells Fargo and a group of lenders to keep the business running

Judge rejects Shopko's bankruptcy plan. The Kenosha and Racine area locations had already begun liquidating earlier this year after Shopko announced it was closing both stores - among dozens of others- and entering bankruptcy. Some, like Advance Auto Parts and Dollar General, are both closing and opening locations as they look for fresh approaches to win back customers.

Retailer Shopko sells portion of its pharmacy business to HyVee. The retail apocalypse has hit some stores harder than others In a sobering trend for the retail landscape, 13 major chain stores will close multiple locations across the United States in 2025