BISMARCK -- The 10 Shopko stores in North Dakota will be closing, according to a statement released by the company today saying that it is winding down all retail operations nationwide, beginning this week.
The company will not move forward with the auction that it previously contemplated, and Gordon Brothers will oversee a liquidation process that is expected to conclude in 10 to 12 weeks. Further, the company is evaluating strategic options for its optical business.
"This is not the outcome that we had hoped for when we started our restructuring efforts," said Russ Steinhorst, CEO. "We want to thank all of our teammates for their hard work and dedication during their time at Shopko."
Shopko locations in North Dakota include Beulah, Bowman, Carrington, Cavalier, Grafton, New Town, Rolla, Rugby, Stanley and Valley City.