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1 One Year After Shopko Went Bankrupt - Urban Milwaukee
https://urbanmilwaukee.com/2020/03/22/one-year-after-shopko-went-bankrupt/
The transaction saddled Shopko with debt; Sun Capital extracted millions of dollars in fees over the next decade and a half, then liquidated ...
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2 How workers suffered from Shopko's bankruptcy while Sun ...
https://www.axios.com/2019/06/11/shopko-bankruptcy-sun-capital
The result was to add debt onto Shopko's balance sheet while simultaneously stripping it of assets. Sun also paid itself several dividends, ...
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3 Shopko closing 39 stores - Retail Dive
https://www.retaildive.com/news/debtwire-shopko-explores-restructuring/543527/
The company is also saddled with debt, and Spirit Realty Capital, which now owns much of its real estate, in January provided a $35 million term ...
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4 ShopKo to Be Acquired By Private-Equity Firm - WSJ
https://www.wsj.com/articles/SB111296519486701936
ShopKo agreed to be acquired by a private-equity firm for about $715 million plus debt, the latest in a series of retailer acquisitions.
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5 Shopko closing nine Iowa stores as retail chain declares ...
https://www.desmoinesregister.com/story/money/business/2019/01/17/shopko-iowa-locations-closing-chain-declares-bankruptcy-store-closures-fort-madison-webster-city/2609032002/
Shopko will shutter nine Iowa stores in the fallout of the retail chains' financial ... citing excessive debt and a decline in brick-and-mortar retail store ...
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6 Shopko to close more stores as it files for Chapter 11
https://www.bizjournals.com/milwaukee/news/2019/01/16/shopko-files-for-bankruptcy-will-close-38more.html
Shopko files for bankruptcy, will close more Wisconsin stores (Updated) ... Shopko wants to restructure as a result of excess debt and ...
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7 Shopko bankruptcy: Supplier seeking $67 million
https://www.greenbaypressgazette.com/story/money/2019/01/07/shopko-bankruptcy-supplier-seeking-67-million/2500919002/
Shopko announced a reorganization plan Wednesday that will close ... 11 bankruptcy protection from creditors, citing excessive debt and a ...
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8 Shopko files for bankruptcy; to reduce store footprint, sell Rx ...
https://chainstoreage.com/finance-0/shopko-files-for-bankruptcy-to-reduce-store-footprint-sell-rx-business
“We want to thank all of our teammates for their hard work and dedication during their time at Shopko." In its Chapter 11 filing in January, ...
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9 Retailer Shopko enters Chapter 11 bankruptcy amid mounting ...
https://www.foxbusiness.com/retail/retailer-shopko-enters-chapter-11-bankruptcy-amid-mounting-debt
Wisconsin-based retailer Shopko filed for Chapter 11 bankruptcy on Wednesday, citing a mounting debt load and “competitive pressures.”.
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10 Warren, Ocasio-Cortez Demand Answers After Private Equity ...
https://www.warren.senate.gov/oversight/letters/warren-ocasio-cortez-demand-answers-after-private-equity-firm-breaks-promise-of-severance-pay-to-laid-off-shopko-employees
Since Shopko was acquired in a leveraged buyout in 2005, Sun Capital saddled the company with debt, starved it of investment, and stripped ...
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11 Specialty Retail Shops Holding Corp. (Shopko)
https://www.pszjlaw.com/results-specialty-retail-shops-holding-corp-shopko.html
The firm was counsel to the creditors' committee of Shopko, the operator of over ... debt was traded for equity if no superior purchase offer were received.
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12 Retail Apocalypse: Shopko Stores Closing, Liquidation Sales
https://money.com/2019-retail-apocalypse-shopko-store-closures/
[Shopko is] another retailer broken by debt and … caught in the death spiral." Like so many other retailers, Shopko failed to figure out to ...
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13 Baldwin Points to ShopKo as a Warning to Kohl's Not to Sell ...
https://upnorthnewswi.com/2022/03/29/baldwin-points-to-shopko-as-a-warning-to-kohls-not-to-sell-out-to-vulture-capitalism/
Photos of Kohl's and ShopKo via Shutterstock. ... took control of the stores and over a period of years “loaded the company up with debt, ...
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14 Shopko Files for Bankruptcy; Firm Will Close More Than 100 ...
https://www.trepp.com/trepptalk/shopko-files-for-bankruptcy
... retailer Shopko filed for Chapter 11 bankruptcy protection from creditors due to excessive debt and competitive pressures.
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15 Shopko - Wikipedia
https://en.wikipedia.org/wiki/Shopko
Shopko was a chain of department stores based in Green Bay, Wisconsin. All locations closed on June 23, 2019, with the exception of the Shopko Optical ...
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16 Bankruptcy Judge Rejects Shopko Dissolution Plan
https://www.retailtouchpoints.com/features/news-briefs/bankruptcy-judge-rejects-shopko-dissolution-plan
A U.S. Bankruptcy Court judge has blocked Shopko's liquidation plan, ... proceedings would have paid all of Shopko's bank debt by July, ...
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17 Lake Hallie & Eau Claire Shopko stores will remain open ...
https://www.wqow.com/news/lake-hallie-eau-claire-shopko-stores-will-remain-open-despite-company-filing-bankruptcy/article_8e944959-3a70-5c8c-91f5-289c0f2c9dd5.html
Shopko filed for Chapter 11 bankruptcy as it reorganizes into a “smaller and more focused” company due to competitive pressures and debt ...
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18 Sen. Baldwin Letter to Sun Capital Inc.
https://www.wearegreenbay.com/wp-content/uploads/sites/70/2019/06/Sen.-Baldwin-ShopKo-Letter.pdf
responsible for ShopKo, I ask that Sun Capital keep its promise and ... ShopKo to use its cash to reinvest, you loaded ShopKo up with debt.
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19 Shopko files for bankruptcy - WISN
https://www.wisn.com/article/shopko-bankruptcy/25834916
Shopko says it has $480 million in debt. The retailer plans to close an additional 38 stores and relocate 20 optical centers to "freestanding ...
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20 Shopko employee accused of stealing deposits to cover ...
https://www.wbay.com/content/news/Shopko-employee-accused-of-stealing-deposits-to-cover-pay-day-loan-debt-508751521.html
Shopko employee accused of stealing deposits to cover payday loan debt. Jocelyn Saunders (Photo: Brown County Jail)(WBAY).
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21 what Minnesota towns are doing with their old Shopko spaces
https://www.minnpost.com/greater-minnesota/2022/01/ice-cream-hvac-and-pickleball-what-minnesota-towns-are-doing-with-their-old-shopko-spaces/
Shopko filed for bankruptcy in 2019. Its parent company cited piling up debt and a decline in brick-and-mortar retail sales.
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22 Yakima Shopko closure part of bankruptcy restructuring | Local
https://www.yakimaherald.com/news/local/yakima-shopko-closure-part-of-bankruptcy-restructuring/article_a510fbd2-19ef-11e9-8eb7-d7f6d17b6431.html
The pending closure of a Shopko store in Yakima and others nationwide is ... The company cited “excessive debt” and “ongoing competitive ...
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23 Shopko Becomes Latest Casualty Of Online Disruption
https://sgbonline.com/shopko-becomes-latest-casualty-of-online-disruption/
Shopko, already weighed down by a heavy debt load due to a leveraged buyout, said competition against the national big box chains and ...
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24 Shopko employees left jobless with no severance after latest ...
https://pitchbook.com/news/articles/shopko-employees-left-jobless-with-no-severance-after-latest-pe-retail-shelling
When retail department store chain Shopko filed for bankruptcy in ... effectively saddling the company with more debt while the PE firm ...
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25 What Caused Shopko to File for Bankruptcy? Two Parts to the ...
https://www.jeffharbaugh.com/what-caused-shopko-to-file-for-bankruptcy-two-parts-to-the-puzzle/
Last Wednesday Shopko, a general merchandise retailer with 333 stores ... The total amount of debt loaded onto Shopko's balance sheet at the ...
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26 Shopko to close all stores | Top Stories | wandtv.com
https://www.wandtv.com/news/shopko-to-close-all-stores/article_3fbbaa20-49ba-11e9-bbe5-3b0ad7863069.html
The Wisconsin-based chain filed for bankruptcy protection in January. Serious problems with debt and competitive pressure led to that decision, ...
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27 Shopko Workers Are Latest to Demand Private Equity Pay Up
https://www.bloomberg.com/news/articles/2019-06-07/shopko-workers-latest-demanding-pe-firms-pay-up-as-chain-fails
Employees of bankrupt department-store chain Shopko Stores Inc. are demanding the company's private equity sponsor provide severance to ...
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28 Shopko, Jolly Good Soda and Foxconn in this week's biz news
https://www.oklahoman.com/story/nletter/OpportunityKnocks/2019/06/05/shopko-bankruptcy-jolly-good-flavor-additions-and-more-biz-news/1347718001/
Empty aisles are seen on the final day of business at the Shopko on Military Ave. The plan would have paid all of Shopko's bank debt by July, ...
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29 Private Equity Wrecked My Job. Democrats Must Stand up to ...
https://www.businessinsider.com/democrats-stand-up-to-big-banks-wall-street-economy-finance-2020-9
A private equity firm bought and bankrupted Shopko, a popular retail ... Sun Capital executives drowned Shopko in nearly $1 billion in debt.
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30 Shopko retail chain files for bankruptcy, 105 stores across US ...
https://www.wsws.org/en/articles/2019/01/24/spko-j24.html
After decades of loyal service Shopko employees are to be laid off and ... As Shopko was spiraling into debt Spirit granted a $35 million ...
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31 Another Retail Chain Bought & Stripped Bare by Sun Capital ...
https://wolfstreet.com/2019/01/17/another-retail-chain-owned-stripped-bare-by-sun-capital-goes-bankrupt/
In an SEC filing of November 2005, ShopKo explained that the buyout deal would be funded mostly by debt that ShopKo itself had to borrow.
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32 Sen. Tammy Baldwin urges Kohl's to reject bids threatening ...
https://www.cnbc.com/2022/03/25/sen-tammy-baldwin-urges-kohls-to-reject-bids-threatening-jobs-in-wisconsin.html
Baldwin pointed in her letter to Shopko, also founded in Wisconsin, which ended up saddled with debt after it was acquired by Sun Capital ...
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33 Private Equity Retail 'Abuses' Spur Senator to Plan Legislation
https://www.bqprime.com/amp/business/senator-rebukes-buyout-firm-sun-capital-on-shopko-severance-pay
Senator Rebukes Buyout Firm Sun Capital on Shopko Severance Pay. ... admonishing private equity's stewardship of debt-laden retailers.
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34 Retailer ShopKo Will Close 70 Percent of Stores in Effort to ...
https://mylocalradio.com/retailer-shopko-will-close-70-percent-of-stores-in-effort-to-restructure/
NATIONWIDE – General merchandise retailer Shopko has announced that it will close around ... In a press release the company cited excessive debt and ongoing ...
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35 Shopko plans to close 11 South Dakota locations including ...
https://www.newscenter1.tv/shopko-plans-to-close-11-south-dakota-locations-including-rapid-city/
In a release announcing the filing, Shopko said the restructuring is necessary because of “excess debt and ongoing competitive pressures.”.
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36 Shopko files for bankruptcy; Stevens Point, Plover stores set to ...
https://www.waow.com/news/shopko-files-for-bankruptcy-stevens-point-plover-stores-set-to-close/article_0715b8ce-f087-52d2-9d69-9123de1aa4ea.html
The Ashwaubenon-based company said it has $480 million in debt. The retailer plans to close an additional 38 stores and relocate 20 optical ...
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37 Investors buy Wisconsin Shopko stores and the bankrupt retail ...
https://www.jsonline.com/story/money/business/retail/2019/04/05/investors-buy-12-wisconsin-shopko-stores-and-bankrupt-chains-headquarters/3379877002/
Involved in the acquisitions and marketing of the properties are Monarch Alternative Capital, which specializes in distressed debt, and Raider ...
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38 Retailer Shopko Files for Bankruptcy Protection - CFO Magazine
https://www.cfo.com/accounting-tax/2019/01/retailer-shopko-files-for-bankruptcy-protection-plans-to-close-105-stores/
Retail chain Shopko filed for Chapter 11 protection in U.S. bankruptcy court in Nebraska on Wednesday, citing excessive debt and ongoing ...
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39 Shopko files for bankruptcy, closes more stores in region
https://www.valleynewslive.com/content/news/Shopko-stores-file-for-bankruptcy-504482591.html
Wisconsin-based retail chain Shopko Stores announced it has filed for bankruptcy. The company cited excessive debt and ongoing competitive ...
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40 Sun Capital: A Case Study in Private Equity Looting Introduction
https://ourfinancialsecurity.org/wp-content/uploads/2020/10/Sun-Capital-Case-Study.pdf
​Sun Capital purchased. Shopko in 2005 in a leveraged buyout that saddled the company with $1 billion in debt. Sun then sold Shopko's real estate, ...
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41 Shopko ex-employees seek severance pay from private equity ...
https://www.thegazette.com/business/shopko-ex-employees-seek-severance-pay-from-private-equity-owners/
Shopko filed for Chapter 11 bankruptcy in January, citing 'excess debt” and a 'challenging retail environment,” and in March announced it would liquidate its ...
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42 Exhibit 99.1 - SEC.gov
https://www.sec.gov/Archives/edgar/data/1277406/000110465907060758/a07-19027_1ex99d1.htm
ShopKo is required to furnish Spirit Finance various financial statements and ... The Pamida Note is subordinated to ShopKo Operating's senior secured debt.
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43 Did regional constraints doom Shopko? - RetailWire
https://retailwire.com/discussion/did-regional-constraints-doom-shopko/
Like other retailers, Shopko blamed its trip to bankruptcy court in ... A heavy debt load brought on by its leveraged buy-out that took it ...
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44 Shopko closing more locations - NBC26
https://www.nbc26.com/news/local-news/shopko-closing-more-locations
Shopko filed for bankruptcy protection in January, citing excessive debt and ongoing competitive pressure. The retailer, headquartered near ...
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45 Senator Rebukes Buyout Firm Sun Capital on Shopko ...
https://news.bloomberglaw.com/social-justice/senator-rebukes-buyout-firm-sun-capital-on-shopko-severance-pay?context=article-related
Baldwin is the latest elected official to accuse buyout firms of loading debt onto ... To read the full article log in. Learn more about a ...
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46 Major Shopko shake-up will affect Dillon
https://www.dillontribune.com/content/major-shopko-shake-will-affect-dillon
Shopko Stores Operating Co. ... the company filed the petitions due to “excess of debt and ongoing competitive pressures.” Dillon has two Shopko entities.
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47 Solve Wins Shopko Account
https://www.solve-ideas.com/solve-wins-shopko-account/
Shopko Stores, a $3 billion retailer headquartered in Green Bay, Wisconsin, ... equity, debt, and other investments in market-leading companies. “Shopko is ...
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48 Wisconsin-based Shopko to close remaining stores in June
https://www.seattletimes.com/business/wisconsin-based-shopko-to-close-remaining-stores-in-june/
(AP) — Wisconsin-based retail chain Shopko Stores plans to close its remaining ... citing excessive debt and ongoing competitive pressure, ...
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49 Shopko Stores file for bankruptcy, New Prague store to remain ...
http://www.newpraguetimes.com/new-prague-times/content/shopko-stores-file-bankruptcy-new-prague-store-remain-open
In a press release, the company stated it is seeking a restructuring as a result of “excess debt and ongoing competitive pressures.” Shopko ...
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50 Judge approves $3.018 million severance settlement for ...
https://www.sidneyherald.com/business/judge-approves-3-018-million-severance-settlement-for-nearly-4-000-shopko-workers/article_6075a328-1485-11eb-85f0-67e8956b6ea0.html
Shopko collapsed last year with $1 billion-some in debts, stemming from a $1.1 billion leveraged buyout in 2005 by private equity firm Sun ...
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51 Stop Private Equity from Driving Retailers into Bankruptcy ...
https://realbankreform.org/site/wp-content/uploads/2021/10/UFREF-AFREF-PE-Retail-Fact-Sheet.pdf
debt from leveraged buyouts and dividend payments to private equity owners, ... real estate for $800 million and forced Shopko to.
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52 Investors buy Shopko headquarters and 75 of the bankrupt ...
https://www.heraldmailmedia.com/story/news/2019/04/06/investors-buy-shopko-headquarters-and-75-of-the-bankrupt-retailers-stores/44305943/
Monarch Alternative Capital, which specializes in distressed debt, and Raider Hill Advisors, a real estate investment and advisory firm, are ...
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53 Aitkin Shopko Included In Stores Closing - B 93.3
https://todaysbestcountry.com/aitkin-shopko-closing/
The retailer filed for bankruptcy protection in January, citing excessive debt and ongoing competitive pressure. From their headquarters in ...
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54 The Impact of Shopko's Reorganization - CommercialSearch
https://www.commercialsearch.com/news/what-is-shopkos-future-if-any/
Since the company's 2005 acquisition by Sun Capital Partners Inc., Shopko has piled up “a skyscraper of debt on a matchbox of equity,” not unlike the situation ...
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55 Shopko Optical Grows Optometrist Team
https://www.shopko.com/newsroom/press_releases/shopko-optical-grows-optometrist-team/
... was founded in 2002 and focuses primarily on opportunistic investing across distressed debt, special situations equity and real estate.
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56 ShopKo Stores Inc. - Company Profile, Information, Business ...
https://www.referenceforbusiness.com/history2/37/ShopKo-Stores-Inc.html
Shopko Stores Inc. is one of America's largest mass merchandisers, ... The proceeds of the offering were used to pay down ShopKo's debt to its parent.
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57 Restructuring Administration Cases | Kroll
https://www.kroll.com/en/restructuring-administration-cases
Our services include claims and noticing administration, debt restructuring and liability management services, agency and trustee services and more.
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58 UPDATE: Bloomfield Shopko on list of closings - KTVO
https://ktvo.com/news/local/shopko-files-for-chapter-11-bankruptcy
The company states that it is seeking to restructure as a result of "excess debt and ongoing competitive pressures." Shopko says it plans to ...
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59 Shopko to close remaining stores by mid-June
https://lmtribune.com/northwest/shopko-to-close-remaining-stores-by-mid-june/article_6cade483-5bfe-5e5f-a092-e9a5937ac4c0.html
Lewiston's Shopko is among 120 remaining locations of the Wisconsin-based retail chain slated to ... citing excessive debt and ongoing competitive pressure, ...
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60 Fairmont among 38 Shopko stores slated for closure
https://www.southernminnesotanews.com/fairmont-among-38-shopko-stores-slated-for-closure/
(Mankato, MN) – Wisconsin-based retailer Shopko will close 38 more stores, ... citing excessive debt and competitive pressure.
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61 Sister Bay Shopko Closes Doors - Door County Pulse
https://doorcountypulse.com/sister-bay-shopko-closes-doors/
“In 2005, we watched anxiously when Sun Capital bought Shopko in a leveraged buyout that loaded $1 billion of debt onto our company,” the ...
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62 ShopKo: Very Well Shopped, Says Banker
https://www.themiddlemarket.com/news/shopko-very-well-shopped-says-banker
Investors anticipate a higher bid for ShopKo Stores Inc., ... regional retailer ShopKo, and also plans to take out $330 million in debt.
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63 Shopko plans to close two Montana stores as company ...
https://kxlh.com/news/montana-and-regional-news/2019/01/16/shopko-plans-to-close-two-montana-stores-as-company-restructures/
The Shopko stores in Plentywood and Wolf Point are expected to close in ... as a result of excess debt and ongoing competitive pressures, ...
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64 Shopko announces it is closing all stores - 10News.com
https://www.10news.com/news/national/shopko-announces-it-is-closing-all-stores
Wisconsin-based Shopko is closing all stores after filing bankruptcy and ... In its filing, the company cited excessive debt and ongoing ...
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65 Shopko Is Liquidating: These 2 Department Stores Could Be ...
https://www.fool.com/investing/2019/03/20/shopko-is-liquidating-these-2-department-stores-co.aspx
Shopko is going out of business after more than half a century serving the northern U.S. Its demise will put more than $2 billion of annual ...
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66 What Shopko Folding Up Shop Really Means For American ...
https://www.forbes.com/sites/warrenshoulberg/2019/03/19/what-shopko-folding-up-shop-really-means-for-american-retailing/
Shopko, the upper Midwest-based discounter that filed for Chapter 11 late last ... don't throw off the kind of cash needed to pay down debt.
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67 Shopko retailer to close all remaining stores, including Libby
http://www.libbymt.com/news/2019/03/Shopkoretailertoclos.htm
Shopko chain will close all its remaining retail stores across the ... The company was experiencing excessive debt and was forced to seek ...
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68 Shopko announces it is closing all stores - KMTV
https://www.3newsnow.com/news/national/shopko-announces-it-is-closing-all-stores
Wisconsin-based Shopko is closing all stores after filing bankruptcy and ... In its filing, the company cited excessive debt and ongoing ...
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69 Shopko to close remaining stores in June - KGAN
https://cbs2iowa.com/news/local/shopko-announces-that-all-stores-will-close
The retailer, headquartered near Green Bay, filed for bankruptcy protection in January, citing excessive debt and ongoing competitive pressure, ...
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70 Senator Hansen: Time to Rein in Predatory Hedge Funds
https://legis.wisconsin.gov/senate/democrats/news-lists/2019-press-releases/time-to-rein-in-predatory-hedge-funds/
The Shopko bankruptcy is just another in a long line of examples in which ... to strip them of most everything but their debt and then leave them behind:.
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71 Shopko files for Chapter 11 Bankruptcy - WTAD
https://www.wtad.com/shopko-files-for-chapter-11-bankruptcy.html
Shopko's already sold the pharmacy in its' Quincy store to Hy-Vee. In a statement, Shopko says it filed due to "excess debt and ongoing competitive ...
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72 The Cloud Over Shopko - wots-mqt
https://wotsmqt.com/the-cloud-over-shopko/
It could mean reorganization, arranging to pay down some of the debt and paring down the company. Remember Gander Mountain?
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73 Shopko to close three Treasure Valley locations, among ...
https://www.kmvt.com/content/news/Shopko-files-for-bankruptcy-protection-504548311.html
Three Treasure Valley Shopko locations are among the dozens of ... According The Associated Press, the company says excessive debt and ...
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74 Shopko to close all remaining 120 stores by mid-June.
https://www.channel3000.com/shopko-to-close-all-remaining-120-stores-by-mid-june/
Wisconsin-based retail chain Shopko Stores plans to close its remaining 120 ... citing excessive debt and ongoing competitive pressure, ...
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75 Shopko Stores Inc - Encyclopedia.com
https://www.encyclopedia.com/social-sciences-and-law/economics-business-and-labor/businesses-and-occupations/shopko-stores-inc
The proceeds of the offering were used to pay down ShopKo's debt to its parent. Dale Kramer, a former pharmacist whose career at ShopKo ...
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76 Trust to Buy Realty Assets of ShopKo Stores for $815 Million
https://www.nytimes.com/2006/05/11/business/trust-to-buy-realty-assets-of-shopko-stores-for-815-million.html
The assets include 112 ShopKo and 66 Pamida properties, ... go toward retiring a $700 million real estate debt and paying down a portion of ...
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77 Hy-Vee to open 6 'Dollar Fresh' stores in former Shopko ...
https://www.kcci.com/article/hy-vee-to-open-6-dollar-fresh-stores-in-former-shopko-locations/30687265
At least six former Shopko locations across Iowa will reopen as Hy-Vee ... citing “excess debt” and a “challenging retail environment.
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78 Lincoln Shopko Stores Will Close, As Retailer Files For ...
https://www.kfornow.com/lincoln-shopko-stores-will-close-as-retailer-files-for-bankruptcy/
Wisconsin-based retailer Shopko has filed for Chapter 11 bankruptcy, by looking to restructure the business as a result of “excess debt and ...
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79 Private Investment Firm Officially Acquires Shopko Optical
https://www.onfocus.news/private-investment-firm-officially-acquires-shopko-optical/
Monarch Alternative Capital LP is a private investment firm with offices in New York and London. The firm focuses primarily on the debt of ...
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80 Hot Springs' Shopko Hometown losing its pharmacy
https://frcheraldstar.com/news/1073-hot-springs-shopko-hometown-losing-its-pharmacy
16, Shopko is seeking to facilitate the restructuring as a result of excess debt and ongoing competitive pressures.
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81 Shopko to shutter 13 stores in Utah after filing for bankruptcy
https://www.sltrib.com/news/business/2019/01/17/shopko-shutter-stores/
Excess debt and ongoing competitive pressures prompted the move, the company said in a news release. The company was in the midst of closing ...
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82 Shopko files for bankruptcy; Perry store to stay open for now
https://theperrynews.com/shopko-files-for-bankruptcy-perry-store-to-stay-open-for-now/
The Shopko Hometown store at 1305 141st St. in Perry closed June 16, ... Excessive debt and ongoing competitive pressures were blamed in a ...
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83 Shopko plans to close four stores in Montana and Wyoming
https://ktvq.com/news/montana-news/2019/01/16/shopko-plans-to-close-four-stores-in-montana-and-wyoming-billings-location-safe/
The Shopko stores in Plentywood and Wolf Point are expected to close in ... as a result of excess debt and ongoing competitive pressures, ...
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84 Update: Shopko to close Sioux Falls stores
https://www.siouxfalls.business/shopko-files-for-bankruptcy/
The company cited excess debt and ongoing competitive pressures as the reasons behind the bankruptcy filing. It has received $480 million in ...
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85 Shopko announces it is closing all stores - KGUN 9
https://www.kgun9.com/news/national/shopko-announces-it-is-closing-all-stores
Wisconsin-based Shopko is closing all stores after filing bankruptcy and ... In its filing, the company cited excessive debt and ongoing ...
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86 Shopko Is Filing For Bankruptcy And Closing Stores
https://www.simplemost.com/shopko-is-filing-for-bankruptcy-and-closing-more-than-100-stores/
By closing stores and auctioning off its pharmacy assets, the company hopes to reorganize its debt by the March 14 deadline set by the ...
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87 Wisconsin-based Shopko to close remaining stores in June ...
https://www.kglonews.com/wisconsin-based-shopko-to-close-remaining-stores-in-june-including-in-mason-city/
The retailer, headquartered near Green Bay, filed for bankruptcy protection in January, citing excessive debt and ongoing competitive ...
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88 ShopKo Files For Chapter 11 Bankruptcy- Hanson & Payne, LLC
https://hansonpayne.com/blog/shopko-files-chapter-11-bankruptcy/
Shopko is the latest Wisconsin retailer to seek bankruptcy protection in ... a strategy for success, as well as a more manageable debt load.
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89 All Shopko stores closing | Front Page | leadertelegram.com
https://www.leadertelegram.com/news/front-page/all-shopko-stores-closing/article_2476d3f8-e807-5b75-b13a-6c0334e0e7c2.html
Citing large debts and competitive pressure, Shopko filed for Chapter 11 bankruptcy protection in January, which allows companies to ...
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90 List of closing Shopko stores grows, including SE Wisconsin ...
https://www.fox6now.com/news/list-of-closing-shopko-stores-grows-including-se-wisconsin-locations
The company says excessive debt and ongoing competitive pressure are forcing it to seek protection from creditors. Shopko is reporting ...
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91 Shopko Closing Twin Falls Location
https://newsradio1310.com/shopko-closing-twin-falls-location/
When Shopko filed for bankruptcy last month, they said it was because of competitive pressures and excess debt. Shopko was founded in 1962 ...
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92 Shopko announces closure | Business | fergusfallsjournal.com
https://www.fergusfallsjournal.com/news/business/shopko-announces-closure/article_27dd8585-85f0-55af-8f50-9ff5b2cfffde.html
In the filing, Shopko cited excessive debt and competitive pressure as the reason. The Fergus Falls store survived the first wave, ...
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93 J.C. Penney hires former Shopko executive to aid turnaround
https://www.reuters.com/article/us-jc-penney-executive/j-c-penney-hires-former-shopko-executive-to-aid-turnaround-idUSKCN1UP2HJ
J.C. Penney Co Inc has hired a former Shopko Stores senior ... Texas, has hired advisers to explore debt restructuring options that would ...
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