Retail News Breaks
Shopko finishes conversion of Pamida stores
February 1st, 2013
GREEN BAY, Wis. – Shopko has completed remodeling 163 Pamida stores to the Shopko Hometown format, which has a pharmacy.
Shopko said Thursday that the wrap-up of the Pamida store conversions comes a just over a year after the two general merchandise chains announced their merger deal, which created a chain drug retailer with nearly 300 pharmacy locations in more than 20 states.
Now Shopko operates 176 Shopko Hometown stores, a jump from 10 at this time last year. The company said it invested $70 million into the Pamida store conversion effort.
Shopko Hometown combines pharmacy services pharmacy services with a broad offering of national-brand and private-label apparel, toys, consumer electronics, seasonal items, and lawn and garden products in stores ranging from 15,000 to 35,000 square feet.
"2012 was a watershed year for Shopko as a result of the merger with Pamida which significantly increased our store count, employee base and overall revenue," Mike Bettiga, interim chief executive officer and chief operating officer of Shopko, said in a statement. "Our team did an exceptional job of integrating the two companies into one and staying on an aggressive schedule for the store conversion efforts. All 163 stores were converted and opened on time.
"As we move into 2013 and beyond, our focus is on solidifying the Shopko Hometown brand and opening more Hometown stores in new communities," Bettiga added.
Shopko finalized the merger deal with Pamida last March. Overall, Shopko operates nearly 350 stores in 22 states in the Midwest, Mountain, North Central and Pacific Northwest regions. Its formats include 134 Shopko stores, five Shopko Express Rx drug stores, 17 Shopko Pharmacy locations and 176 Shopko Hometown stores.
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