Private | |
Industry | Retail |
Founded | April 5, 1962 | (as Shopco)
Headquarters | Green Bay, Wisconsin, U.S. |
Number of locations
|
357 (July 2015) |
Area served
|
Shopko: California, Idaho, Illinois, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington and Wisconsin |
Key people
|
James Ruben, Founder Russell Steinhorst, Interim CEO |
Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics, market, housewares, contact lenses. |
Owner | Sun Capital Partners |
Number of employees
|
16,900 |
Website | Shopko.com |
Shopko: California, Idaho, Illinois, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington and Wisconsin
Shopko Express: Wisconsin
Shopko (formerly ShopKo until June 2007) is a chain of retail stores based in Ashwaubenon, Wisconsin. Shopko was founded in 1962 by James Ruben, and its first store opened in Green Bay. From 1991 to 2005, the company was publicly held, with stock traded on the under the symbol SKO. In December 2005, the company was acquired by an affiliate of Sun Capital Partners and reverted to private ownership. In 1999, Shopko purchased Pamida, a regional discount chain that operated mainly in smaller communities of 3,000 to 8,000 people. Shopko operated Pamida as a separate division until 2007, when Pamida was separated from Shopko and reestablished as a separate company. In 2012, Shopko and Pamida merged into one company. Shortly after, most Pamida stores were rebranded as Shopko Hometown.
Chicago pharmacist James Ruben moved to Green Bay where he opened the first Shopco store at 216 S. Military Avenue in 1962. He envisioned a larger retail store with health care services combined with the retail operations. As a result, Shopco became one of the first chains to offer such services as a pharmacy and eye care center within the store. The name changed to "ShopKo" by dropping the "c" and replacing it with an uppercase "K". In 2007, the logo was updated and the spelling was changed to "Shopko" with a lower case "k". Shopko Express stores retained the older style logo until fall 2008, when a new store in downtown Green Bay, Wisconsin was opened.
In March 1961, Green Bay Mayor Roman Denissen and Shopco Stores, led by Chicago pharmacist James Ruben and a group of investors, announced plans for a $1 million department store on Military Avenue. In April 1962, the first ShopKo (the spelling was changed since the initial announcement) opens at 216 S. Military Ave. In September 1969, the first Shopko store in Michigan opens on Washington St. in Marquette.