Torrington Shopko to close


After a search to find a buyer for its chain of small-town retail stores, Shopko will be closing all of its retail locations in the coming weeks – including the Torrington store.

The company announced the closure Monday morning in a press release. Shopko announced that it would be filing for Chapter 11 bankruptcy on Jan. 16. At that time, the chain was looking to reorganize its retail stores, but the moves weren’t enough to save the company.

According to a statement by CEO Russ Steinhorst, the company made an effort to keep the doors open.

“This is not the outcome that we hoped for when we started our restructuring efforts,” he said.

Shopko’s assets will be liquidated over the next 10-12 weeks, and expects all stores to be closed June 16.

In addition to the Torrington store, the Afton, Douglas, Newcastle, Powell and Wheatland stores will be closing their doors. Stores in Worland, Thermopolis and Greybull shuttered their doors earlier this year.

 

 


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