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Tri-State Shopkos Avoid Closure As Company Files for Bankruptcy

A Wisconsin-based retailer is filing for bankruptcy, but none of its Tri-State area locations are among nearly 40 stores set for closure. Shopko announced Wednesday it was filing for Chapter 11 bankruptcy protection and would be closing 38 locations, most of them in Wisconsin. According to the filing, Shopko has less thanĀ $1 billion in assets against as much as $10 billion in liabilities. Shopko has four locations in the Tri-States. Its Dubuque store is located on John F. Kennedy Road in Wacker Plaza. Smaller “Shopko Hometown” stores are located in Dyersville, Lancaster, and Savanna.

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