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Shopko Plans Significant Growth In 2015 And Into 2016


News provided by

Shopko

Mar 02, 2015, 10:15 ET

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GREEN BAY, Wis., March 2, 2015 /PRNewswire/ -- Continuing its path of growth, Shopko announced today the opening of 20 new Shopko Hometown stores.  The company recently acquired rights to occupy the 20 stores, which were previously operated by Alco Stores, Inc.  Grand openings are planned for late March in the following locations:

  • Burlington, CO
  • DeMotte, IN
  • Abilene, KS
  • Beloit, KS
  • Ulysses, KS
  • Mahnomen, MN
  • Moose Lake, MN
  • Wolf Point, MT
  • Bowman, ND
  • New Town, ND
  • Oakes, ND
  • Rolla, ND
  • Tioga, ND
  • Mobridge, SD
  • Andrews, TX
  • Dalhart, TX
  • Kermit, TX
  • Monahans, TX
  • Perryton, TX
  • Moab, UT

The Shopko Hometown retail format, developed over the past five years to augment Shopko's larger store model and focus on serving the needs of smaller rural communities, provides a broad and dynamic offering of strong national brands and high-value private label brands of apparel, home furnishings, toys, consumer electronics, seasonal items, grocery department and lawn and garden products – all in an attractive, well laid out, easy-to-shop store format that ranges from 15,000 to 35,000 square feet.

"We're eager to get the Alco store conversion process underway and start to bring Shopko Hometown to more communities," said McMahon.  "We've received overwhelmingly positive feedback from our customers in our current hometown communities who tell us they appreciate the improved shopping experience and access to a broader, differentiated selection of merchandise, including products and brands previously not available in their community."

The conversion to Shopko Hometown will include a mix of new interior and exterior signage, carpet, paint, updated and supplement fixtures and lighting, improved store design and layout, as well as an expanded merchandise mix.

These improvements, coupled with Shopko Hometown's excellent customer service, as well as a continued commitment to support local communities, ensures that Shopko Hometown will be well received by these communities.

Once the addition of these 20 stores is complete, the company plans to accelerate the addition of new Shopko Hometown stores in the second half of 2015 and into 2016.  There will be no change to Shopko's current 178 Hometown stores.

About Shopko

Shopko is owned by an affiliate of Sun Capital Partners, Inc., a leading private investment firm focused on leverage buyouts, equity, debt, and other investments in market-leading companies. 

Founded in 1962 and headquartered in Green Bay, Wisconsin, Shopko Stores Operating Co., LLC is a $3 billion retailer that operates 320 stores in 21 states throughout the Midwest, Mountain, North Central and Pacific Northwest regions. Retail formats include 133 Shopko stores, providing quality name-brand merchandise, great values, pharmacy and optical services in small to mid-sized cities; 5 Shopko Express Rx stores, a convenient neighborhood drugstore concept; 4 Shopko Pharmacy locations; and 178 Shopko Hometown stores, a smaller concept store developed to meet the needs of smaller communities.  For more information, visit www.shopko.com.

SOURCE Shopko

Related Links

http://www.shopko.com

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