Shopko's fate remains unclear


    Shopko operates stores in Bloomfield, Burlington and Fort Madison/KTVO

    Rumors are flying this week about the future of Shopko stores.

    The Wisconsin-based retailer is expected to file for Chapter 11 bankruptcy Jan. 15. McKesson Corp., a pharmaceutical drug supplier to Shopko, claims the retailer owes it $67 million.

    Shopko, which operates stores in Bloomfield, Burlington and Fort Madison, announced 39 store closings last month. Stores in Webster City, Cherokee, and Eldora, Iowa were on the latest list of anticipated closings. Liquidation sales at those locations have already begun, with operations scheduled to end for good next month.

    It's unclear if Bloomfield's store will be affected by any of these developments.

    KTVO has made several attempts to contact members of Shopko's media relations team, and corporate office. Those calls have not yet been returned.

    In October, the company closed dozens of Shopko pharmacies, including Bloomfield's. At the time, Bloomfield Shopko customer Cindy Stockham contacted the retailer's corporate office about the pharmacy's closing.

    In an email sent to Stockham Sep. 15, 2018, Shopko Communications and Customer Service Representative Beverly Vander Velden said in part:

    "The decision to close a pharmacy is not an easy one for us and is only made after a careful study of the market and various economic factors.”

    As a result, Shopko patient files merged into existing Hy-Vee Pharmacy locations.

    Skopko currently operates 363 stores in 24 states.

    KTVO will continue to provide updates on these developments as they become available.

    News In Photos

      Loading ...