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Shopko Restructuring Means Store Closures

Shopko plans to close 39 locations at the end of February. The discount retailer has been hindered by the consumer pullback in brick-and-mortar shopping. Shopko is working with legal counsel Kirkland & Ellis and BRG for restructuring assistance. The company currently operates 363 stores. In 2005, it was purchased by Sun Capital Partners.

Read the whole story at Chain Store Age »

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