Shopko files for bankruptcy, announces store closings

Shopko has filed for bankruptcy and will close 38 stores as part of its restructuring efforts. The Ashwaubenon-based retailer announced Wednesday that it has obtained $480 million in financing from lenders led by Wells Fargo to fund and protect its operations while it goes through bankruptcy. Shopko has also asked the federal bankruptcy court in […]
Source: WRN.com

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