Final Shopko Stores to Close
Written by Andrew-Rossi on March 19, 2019
All remaining Shopko stores across the country are closing – including the store in Powell.
That’s the latest announcement from the Wisconsin-based retail chain, which says it plans to close its remaining 120 Shopko Stores by mid-June, as they were unable to find a buyer for the business.
While Powell was set to keep its Shopko store if the chain survived, the Powell Tribune reports that the local store is expected to close by June 16th.
Shopko CEO Russ Steinhorst said it was not the outcome they had hoped for when the company began its restructuring efforts and filed for Chapter 11 bankruptcy in January.