Marquette, U.P. Shopko stores on new closure list
MARQUETTE — The Marquette Shopko is on the list of Upper Peninsula Shopko stores slated to close in May.
The others are in Escanaba, Houghton, Calumet, Wetmore and L’Anse.
Downstate Shopko stores on the list include Allegan, Newaygo, Clare, Standish, Tecumseh, Imlay City, Dowagiac, Hart, Brooklyn, Gladwin and Kalkaska.
The Marquette Shopko is located at 1150 W. Washington St.
The Ishpeming Shopko Hometown, located at 650 U.S. 41, is not on the list of store closures. The Manistique store also wasn’t listed to be closed.
On Jan. 16, Shopko, which operates general merchandise stores throughout the Central, Western and Pacific Northwest regions of the United States, 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.
“This announcement is an important step towards protecting our future and ensuring our ability to continue delivering the high-quality products and services that our customers are accustomed to receiving,” the company, headquartered near Green Bay, Wisconsin, said on its website.
A U.S. Bankruptcy Court judge for the District of Nebraska in late January approved sale of Shopko’s prescription files and related pharmacy assets to drugstore and grocery chains led by Walgreens Boots Alliance, CVS Health and Albertsons.
The Shopko pharmacy, was on the list of pharmacies whose assets were sold, with Walgreens the successful bidder.
No further details on the recent store closings was available from Shopko.
The Green Bay Press-Gazette reported on Wednesday Shopko will close almost 70 percent of its locations between now and mid-May in its attempts to reorganize and emerge from bankruptcy.
The company, it said, cited assets of less than $1 billion and debts between $1 billion and $10 billion when it filed for bankruptcy protection on Jan. 16.