FOREST CITY | The Forest City Shopko is scheduled to close on May 12.
The store, which had been spared in previous rounds of Shopko closings, was among a large batch of the latest closings the Wisconsin-based retail chain announced Wednesday.
Mason City’s store is not on the ever-expanding list of closings.
Shopko filed for bankruptcy protection in January.
ASHWAUBENON, Wis. (AP) — Wisconsin-based retail chain Shopko Stores has filed for bankruptcy…
Wednesday's announcement brings the total number of Shopko stores around the country that have closed or will be closing to around 250.
"Through our conversations with the potential buyers, it has become clear that it is in our best interest to operate with a significantly smaller store footprint," the company said in a statement released Thursday.
"We remain hopeful that we will be able to emerge as a stronger company, and we believe that this is the best course of action to make ourselves more attractive to potential buyers and successfully emerge from Chapter 11," the statement read.
Shopko currently has more than 360 stores in 26 states throughout the Central, Western and Pacific Northwest regions.
FOREST CITY | Hy-Vee, Inc. has announced it will be purchasing Shopko pharmacies in six more…
Shopko is also conducting an auction process for its pharmacy business.
In late January Hy-Vee announced its purchase of the Forest City Shopko pharmacy.
Hy-Vee also has acquired the Shopko pharmacy in Mason City.
Shopko announced in December that it would close 40 stores.
Last month the retail chain announced it would close 38 more stores, including the one in Hampton.