Shopko to open 20 Hometown stores in rural communities

Special to The Freeman

March 3, 2015

GREEN BAY — Shopko announced its plans to open 20 Hometown stores in former Alco Stores, Inc. locations in several states.

According to the Monday announcement from the Green Bay-based company, Shopko recently acquired rights to occupy the 20 stores. Grand openings are planned for late March in several states, including Colorado, Indiana, Kansas, Minnesota, Montana, North Dakota, South Dakota, Texas and Utah.

“We’re eager to get the Alco store conversion process underway and start to bring Shopko Hometown to more communities,” said CEO Peter McMahon in a statement. “We’ve received overwhelmingly positive feedback from our customers in our current hometown communities who tell us they appreciate the improved shopping experience and access to a broader, differentiated selection of merchandise, including products and brands previously not available in their community.”

The Shopko Hometown retail format was developed during the past five years to augment Shopko’s larger store model and focus on serving the needs of smaller rural communities.

The company also announced that it plans to “accelerate” the creation of more Shopko Hometown stores in the second half of 2015 and into 2016.

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

www.shopko.com