Can retail be rescued? Why so many U.S. stores are closing
Shopko will close its Kennewick and Prosser stores by May 5 as the troubled retailer attempts to reorganize its debt in bankruptcy court.
Around the Northwest, Shopko stores are closing in Washington, Oregon and Idaho.
The Kennewick store, 867 N. Columbia Center, and Prosser store, 471 Wine Country Road, will close as part of the company’s fifth round of closures.
Local employees were notified this week.
Green Bay, Wis.-based Shopko filed bankruptcy petitions in U.S. Bankruptcy Court in Nebraska on behalf of related subsidiaries on Jan. 16 and has subsequently announced a growing list of stores to close as it works to emerge as a smaller, profitable firm.
In Washington state, the bankrupt Shopko is also closing stores at Lacey, Pullman, Quincy, Union Gap, Walla Walla, Wenatchee, Yakima and three stores in Spokane (Sprague, Regal and Newport locations).
In Idaho, it is closing stores in Idaho Falls, Nampa, Orofino, Pocatello, and two stores in Boise (Fairview and Broadway locations)
In Oregon, it is closing stores at Bend, Eugene and Salem.
The closure list is posted to the company’s restructuring information site, info.shopko.com.