Another retailer to exit Mankato as Shopko to close remaining stores
(Ashwaubenon, WI) – Wisconsin-based retail chain Shopko will close its remaining 120 department stores by mid-June.
The company said Monday it was unable to find a buyer. Shopko says it plans to wind down its retail operations this week.
The Madison Avenue Mankato Shopko survived a round of closures, the first in December, but announced just days later that Hy-Vee had purchased its pharmacy operations. In February, the retailer announced a number of additional closures, including the St. James and St. Peter stores.
The final closings will reportedly affect an additional 5,000 jobs.
LIKE Southern Minnesota News on Facebook.
Follow @SouthernMNnews on Twitter.
(Copyright © 2019 Southern Minnesota News – Alpha Media Mankato. All rights reserved.)