ASHWAUBENON – The Wisconsin-based retail chain Shopko Stores has expanded its list of store closures on Wednesday, February 6, after being filed for bankruptcy protection last year.
According to the list posted on Shopko's Restructuring Website, there is a further 139
Below is an updated list of Shopko stores that close in Wisconsin:
- Green Bay: 216 S. Military Avenue (4/15 / 2019)
- Manitowoc: 3415 Calumet Avenue (4/15/2019)
- West Bend: 1710 S. Main Street (4/15/2019)
- La Crosse: 2400 Rose Street (4/8 / 2019)
- Beloit: 2761 Prairie Avenue (5/12/2019)
- Racine: 4801 Washington Avenue (5/12/2019)
- Kimberly: 800 East Maes Avenue (5/12/2019)  Kenosha: 5300 52nd Street (5/12/2019)
- Sheboygan: 518 South Taylor Drive (5/5/2019)
- Delavan: 1450 East Geneva Street (5/5/2019)
- Madison: 7401 Mineral Point Road / 15/2019) [1,965,900 5] Madison: 2201 Zeier Road (4/15/2019)
- Menasha: 1578 Appleton Road (4/8/2019)
- Stevens Point: 1200 Main Street (4 / 15/2019)
- Grafton: 1771 Wisconsin Avenue (4/8/2019)
- Neenah: 699 S. Green Bay Road (4/15/2019)
- Shawano: 100 County Road B (5/5/2019)
- Ledgeview: 3705 Monroe Road (5/5/2019)
- Howard: 2585 Lineville Road ( 5/5/2019)
- Port Washington: 1011 North Wisconsin Street (5/5/2019)
- Buchanan: W3208 From Roy Road (4/7/2019)
- Waupaca: 800 Riverside Drive (5 / 5/2019)
- Ellsworth: 598 Lucas Lane (5/5/2019)
- Rhinelander: 2200 Lincoln Street (5/5 / 2019)
- Plow: 1800 Plover Road (19/19/2019)  Sussex: N. 66 West 25201 County VV (4/8/2019)
- Buchanan: W3208 From Roy Road (2/15 / 2019)
- Appleton: 2101 East Evergreen Drive (Express Location) 2/28 / 2019
- Mauston: 406 Gateway Avenue (3/3/2019)
- Seymour: 1010 S. Mainline Dr. / 2019)
- Kewaun ee: 802 North Main Street (5/5/2019)  Brillion: 1010 West Ryan Street (5/5/2019)
- Kiel: 1120 State Highway 67 (5/5/2019)
- Winneconne: 946 East Main Street (5/5/2019)
- Columbus : 200 Commerce Drive (5/5/2019)
- Waupaca: 825 West Fulton Street (5/12/2019)
- Mayville: 2050 Horicon Street (5/5/2019)
A shop assistant said The company released the following claim for the attached closures:
"Through conversations with potential buyers, it has become clear that it is in our best interest to operate with a significantly smaller store footprint.
Today, we announce the closure of a further 139 Shopko and Shopko Hometown stores. Furthermore, we will move around 50 optical centers in end shops to new standalone locations.
Because of these consequences, we have issued a WARN alert in WI and IL to employees affected by these difficult but necessary decisions. Although we have not made any decisions about which positions will be affected, we know that this will result in a reduction of staff.
We are still hopeful that we will be able to emerge as a stronger company, and we believe this is the best course of action to make us more attractive to prospective buyers and succeed in coming from Chapter 11. "
The company says excessive debt and ongoing competitive pressures force it to seek protection against creditors. Shopko reports assets of less than $ 1 billion and commitments of $ 1 billion to $ 10 billion.
Shopko says it plans to continue operating through the reorganization of Chapter 11 after securing $ 480 million in funding from a group of lenders led by Wells Fargo Bank Financing will allow Shopko to continue paying employees, vendors, and vendors.
For a full list of store closures, click HERE.  44.483355