Shopko closing update 27 January 2015: Rite Aid buys Shopko pharmacy ops?

Illinois has joined the shutdown list.  The Sullivan Shopko will be slammed shut by April, the store manager told local news media his store wasn’t making enough money.

According to a Wisconsin news outlet Rite Aid has made it clear they’ve taken over Shopko’s pharmacy operations: “…we had a seamless transition with acquiring Shopko’s pharmacy…”-Kristin Kellum

2015 shutdowns (revealed so far):

Illinois: Two years old Sullivan Shopko in April, at least 30 jobs lost.

Kentucky: Hodgenville Shopko Hometown store will shutdown in April.

Missouri: Tarkio Shopko Hometown store will shutdown in April.

Ohio: Shopko to shutdown its Greenfield, Archbold, Montpelier and Newton Falls stores by April, at least 70 jobs will be affected.

South Dakota: Avera FastCare health clinic located inside the Aberdeen Shopko shutdown. Local news reports said there are currently no plans to replace it.

Utah: Employees spreading the word that the Provo Shopko will shutdown by 15 April 2015. Also, reports that the Bountiful (apparently actually located in West Bountiful even though the address is in Bountiful?) Shopko will shutdown in April.

Wisconsin: Shopko will shutdown its Ashland Hometown store by April, at least 29 jobs lost.

Of importance, a major retail landlord just modified its lease agreement with Shopko. The deal makes it easier for Spirit Realty Capital to evict Shopko in favor of new tenants (Shopko also got paid $18.8-million for the inconvenience of being kicked out). The retail landlord said it wanted to reduce its reliance on Shopko for revenue!

2014 shutdowns (that I’ve found so far):

Wisconsin: ShopKo killed off 40 jobs at its Ashwaubenon corporate HQ. Company administrators blame the bad economy for their “reorganization”. A Madison store was shutdown, 66 jobs lost.

Ohio: Georgetown Shopko shutdown.

Indiana: Shopko issued a WARN in November saying it will shutdown a distribution center. The shutdown will be completed by September 2015, at least 95 jobs lost. A Loogootee Shopko was shutdown, at least 14 jobs lost. The Petersburg and Bloomfield Shopkos were also shutdown.

It should be noted that Shopko has been quietly and slowly shutting down stores since 2001.

shopko opens new store in idaho then announces shutdowns