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Liquidation ends; conversion to Shopko under way under way

| August 18, 2012 2:30 PM

Shopko on Thursday said  the liquidation sale in Libby has ended and the store conversion process from Pamida to Shopko Hometown will begin next week.

The store will remain open during the entire conversion process which will last between five and six weeks.

The conversion to Shopko Hometown will include new interior and exterior signage, carpet, paint, updated and supplement fixtures and lighting and a new easy to shop store layout.  

Each of the store’s three primary departments will be converted one department at a time with each department opening to shoppers as soon as it’s complete. 

The first department to be converted will be consumables, which includes health and beauty, over-the-counter, candy, beverages and snacks.  

The department will open to the public by Aug. 20, followed by the Home department which will open no later than Sept. 3.  

The Home department includes sporting goods, electronics, housewares, toys and domestics.   

A grand opening celebration will take place once the entire conversion process is complete.

 “Since our merger with Pamida early this year, we’ve converted 45 Pamida stores to the Shopko Hometown format,” said Paul Jones, Shopko President, Chairman and CEO.  

“The response from our customers has been overwhelmingly positive, and we are thrilled to be just weeks away from introducing this retail concept to Libby.”

 Shopko Hometown combines Shopko’s strong reputation of customer service with a broad and dynamic offering of strong national brands and high-value private label brands of apparel, home furnishings, toys, consumer electronics, seasonal items, and lawn and garden products – all in a well laid out store formats that range from 15,000 to 35,000-square-feet.

Shopko is investing approximately $80 million into Pamida store conversions which occur in phases through the end of the year. 

Shopko is owned by affiliates of Sun Capital Partners, Inc., a leading private investment firm focused on leverage buyouts, equity, debt, and other investments in market-leading companies.  

About Shopko

Founded in 1962 and headquartered in Green Bay, Wisconsin, Shopko Stores Operating Co., LLC is a $3 billion retailer that operates almost 350 stores in 22 states throughout the Midwest, Mountain, North Central and Pacific Northwest regions. Retail formats include 134 Shopko stores, providing quality name-brand merchandise, great values, pharmacy and optical services in small to mid-sized cities; 5 Shopko Express Rx stores, a convenient neighborhood drugstore concept; and 10 Shopko Hometown locations, a smaller concept store developed to meet the needs of smaller communities.  In addition, Shopko is in the process of converting over 170 recently-acquired stores and pharmacies to the Shopko brand.  For more information, visit www.shopko.com.