General merchandise retailer Shopko on Wednesday filed for Chapter 11 bankruptcy protection and said it would close more than 100 stores as part of its reorganization plan. The troubled company, ...

Update: After this article posted, Shopko informed the Argus Leader it had newly decided to keep open its stores in Chamberlain and on 41st Street in Sioux Falls. The article below has been edited to ...

Monarch Alternative Capital LP, which recently bought 79 stores occupied by liquidating general merchandise retailer ShopKo, is now the leading candidate to buy the company’s optical chain at an ...

A pair of New York investment firms are engineering the purchase of more than 75 Shopko stores and the bankrupt retailer's headquarters and will seek to lease, redevelop or sell the properties. The ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. An affiliate of Monarch Alternative Capital LP purchased ...