The full release is below, but in the list of store closures, neither the Wenatchee or Quincy location was listed, so they will remain open for now. The Summitview Ave. location in Yakima is scheduled to be closed.
Green Bay, WI Shopko (the Company), a leading operator of general merchandise stores throughout the Central, Western and Pacific Northwest regions of the U.S., today announced that it, along with its subsidiaries, has filed voluntary petitions for a court-supervised financial restructuring under Chapter 11 of the United States Bankruptcy Code.
The Company is seeking to facilitate the restructuring as a result of excess debt and ongoing competitive pressures. The petitions have been filed in the U.S. Bankruptcy Court for the Dis…
Read the full article at: https://www.kpq.com/shopko-files-for-chapter-11-bankruptcy-restructuring/