Retailer Shopko has announced that it will close its remaining stores across the U.S., including stores in South Dakota.
In a press release, Shopko announced that
“…despite the Company’s best efforts, it was unable to find a buyer for its go-forward business as a going concern. As a result, Shopko will commence an orderly wind-down of its retail operations beginning this week. Further, the Company is evaluating strategic options for its optical business.The Company will not move forward with the auction that it previously contemplated, and Gordon Brothers will oversee a liquidation process that is expected to conclude 10-12 weeks from now.”
Shopko’s South Dakota locations include Belle Fourche, Hot Springs, Mitchell, Madison, Mobridge, Sturgis, Watertown, and Winner.
In December, the retailer announced that Shopko Hometown stores in Redfield, Dell Rapids, Webster, and Wagner would close.