Nearly 2,500 employees in Wisconsin to lose jobs once all Shopko stores close, state says

[TexasTowelie]

A total of almost 2,500 Wisconsin workers will have lost their jobs when the last Shopko closes for good, a state agency said Thursday.

The Department of Workforce Development said Shopko, the bankrupt Wisconsin retailer, would lay off another 1,715 employees in the state from 39 stores as it winds down operations and goes out of business.

Thursday’s announcement brings the total number of employees to lose a job as the company closes all of its stores to 2,496, according to the state.

The retail chain based in Ashwaubenon filed for bankruptcy protection in January and said it would go out of business after it couldn’t find a buyer. The company started with a Green Bay store in 1962.

Read more: https://madison.com/wsj/business/nearly-employees-in-wisconsin-to-lose-jobs-once-all-shopko/article_062782ce-75a4-501e-ae05-7c006f5ad528.html

[2naSalit]

1. The one in the city

closest to me is closing, it's the only department store in that small city, the next is twice as far away. And several people will be out of work. Too bad, now one of my suppl sources has become a 150 mile round trip rather than 75 miles. *sigh*.

[Firestorm49]

2. Department store retailers are dropping like flies. The landscape is changing. For the better

[Sherman A1]

3. Yes, there are significant headwinds in the sector

But I disagree that it is for the better. I also suspect that those losing their jobs,’places to shop or the communities losing sales tax revenue would agree with your assessment.

[murielm99]

4. I live in Illinois,

and there is one close to me. I got all my prescriptions there and shopped there a lot. I will miss that store. A lot of people there will have to find new jobs..if they can.