Wisconsin retailer Shopko is closing 39 stores in 19 states.
Shopko spokeswoman Michelle Hansen says each store employs 10 to 25 employees, putting the scope of job cuts at about 400 to nearly 1,000 positions. Liquidation sales begin Friday with the stores closing by the end of February.
The company was founded in 1962 and has its headquarters in Green Bay, according to the company’s website. The department store chain operates about 360 stores in 24 states. Just one store in Shopko’s home state will close. That store is in Mauston.
Stay informed on the latest news
Sign up for WPR’s email newsletter.
Hansen said the closures were dictated by the long-term outlook on profitability, sales trends, and growth potential.
© Copyright 2024 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.