what is Russ Steinhorst severance/ ins package? maybe he will share?
What kind of severance is being offered by Shopko to people in closing stores? I know what the official package is supposed to be like, but it would be great to have confirmation from somebody who knows first hand. Also, who is eligible for it? Is it... — read more
Our store closed a little over a month ago. I received the retention bonus, which I was told was from our liquidator. I have not received the severance. Are you expecting to receive severance? I was under the impression that retention bonuses are the... — read more
Has anyone received the retention bonus yet? Or is that on hold as part of the severance?
I worked at the West Bend, WI store and closed on April 22nd. That very day, we got an email saying that Phase 1-3 stores (that got and signed off on the severance agreement paperwork) will for sure be getting them. Phases 4-7 won't. Strangely, our... — read more
My Shopko store closed March 17th I was supposed to get my severance pay today but I didn't so I called payroll and they told me that all severance pay is on hold because of chapter 7 liquidation they also told me the court has to order payment for... — read more
I have no store manager, no assistant manager, no apparel supervisor, and the merchandise supervisor is leaving at the end of the week. I am the only supervisor left and that severance pay was the only thing keeping me going. I'm down to 12 people... — read more
has anyone been offered cobra yet?
Am I the only one who is still in shock over this? The only one who really didn't expect this will be the end for the entire ShopKo? It's not even about losing my job, I'm not worried about being able to find a replacement soon enough, I just didn't... — read more
Why stay till the end? Because it is called seeing your job through. Just because the company is shutting down why would you leave your fellow employees short of help? Seems pretty petty. It is true it looks like I am not going to receive my... — read more
I'm curious, considering that it is now pretty much a guarantee that severances will not be paid, who will stay in the remaining hundred something still open Shopko stores until June? Why would anybody want to stay instead of leaving as soon as they... — read more
Just heard via Shopko head office rumors are there will be no severance pay now. Anyone else have info on this ? I Felt that this was too important of a question to remain buried in the replies of another thread. Can anybody confirm this to ne a... — read more
Are we even getting the severance after they filed chapter 7? I have yet to send my paperwork in, just waiting to see if there's even a paycheck coming next week. Thankfully I was smart and only agreed to two days a week when they extended us two... — read more
I worked at Shopko for about 8 years in Provo Utah. Don't take the severance deal if they offer it you will regret it. After taxes it amounts to almost nothing you would be better off just collecting unemployment. Is this true? Don't you get most of... — read more
I've been looking around this page, and I can't find any retailers who are not having major closings or layoffs all the time and who do not treat their employees like c-ap. Sears, Walmart, Lowe's, JCPenney... So where do we go from here? Is there a... — read more
while Amazon, walmart, target etc. played a large role in the decline of the company, let's not forget who's fault this truly is..... Sun Capital. between the million dollar quarterly "consulting fees" as well as numerous other tactics they employed... — read more
Very sad that Shopko could not make a financial commitment to these small communities. I worked at Pamida and then Shopko for 15 years and loved it until we became so understaffed that it was hard to keep everything together. That's what doomed this... — read more
I worked at Shopko for more than 15 years. I loved it. But once they removed the cash office employee and changed how they reconcile their money each day, I knew it was over for them. I got out while I could. I feel bad for the employees who put... — read more
At what point are we allowed to apply for unemployment with the State Labor Agency (is that the right name? here in Wisconsin? I work at the Calument Ave. Store in Mantowoc, WI and we are slated to be closed on 4/14. I never had to go through this... — read more
Here is the most recent list, these are 2019 closures (announced in Jan 2019) Shopko Closing Locations - Source (Corp website) below Fields are as follows: Store Format -- Street Address City State Zip -- Expected Close Date Hometown 333 S. LINCOLN... — read more
Will we ever be able to relax again and actually do our work, or will we have to continue worrying about our stores and whether they will be closing this or the following month for good from now on? We used to have job security at ShopKo. We used to... — read more
This is what happens when companies hire people into leadership positions only to find out they have previously been fired for poor performance from other companies like Walmart, Home Depot and American Family Insurance and others. Why do companies... — read more
Shopko filed Chapter 11. Not that this comes as any surprise to any of us, we saw this coming miles away. What I'm worried about now is how this will affect severances for both stores that were already been announced to be closing and those that will... — read more
I found this info for Wisconsin, not sure about other states. Maybe the number is even larger. Shopko will begin liquidation sales on Friday at six Wisconsin stores it intends to close by early April... — read more
Well, it's coming and nothing is stopping this: https://wsau.com/news/articles/2019/jan/08/bankruptcy-possible-for-shopko-stores/
I’m trying to have a positive look at the whole situation and I really hope that things don’t turn for the worst, but the reality is that we are in a situation that bankruptcy is the only probable outcome. This just got me thinking about the... — read more
This page has a full list of closing stores, for whoever might be interested. My state is only losing one for now, and I can't figure out if that's a good or a bad thing for us... — read more
Do we know if the 39 stores originally announced by Shopko are it or is this just a beginning? I keep worrying that I'm going to hear from my GM any moment now to let me know we are closing as well. I know I'm probably panicking for no reason, but it... — read more
https://www.nreionline.com/retail/sun-capitals-shopko-said-prepare-possible-bankruptcy The author of this article claims to have insider information that the restructuring agreement is very unlikely to happen. Not that I’m surprised, every fact has... — read more
Shopko outsourced the IT people back in 2010 saying they needed to be more retail-centric. Sun Capital s---ed the life out of the company completely, making it a miserable working environment - Now they appear read to finish it off.
2015 definitely is bad for Shopko employees. Last week a friend plus 25 others were let go in Green Bay. He worked there for 30 years. Shopko wants loyalty from their employees. Where is their loyalty?
In an area that had two full time and two part time teammates ! Hardly any hours left for a full time supervisor!! Last month they cut customer service managers. The service desk will be eliminated next and after that who knows!! Pretty soon there... — read more
40 folks were let go at the Corp office. All levels and dpts were affected. Severance and outplacement to be provided. It sucks. Big time. 2014 is a horrible year, and 2015 will be even worse.
25 may not seem as much but shopko is not too big so this cut is felt throughout the organization
All 363 stores https://moneywise.com/a/retailers-closing-stores-in-2019
Private equity and massive debt equal another retailer on the rocks https://www.retaildive.com/news/debtwire-shopko-explores-restructuring/543527
Just seen that the Lincoln store is among the 38 stores that are set to close, so if somebody from Lincoln didn’t know here’s the update. My thoughts and prayers go to the employees of this location as well as to the employees of other impacted... — read more
Did anybody really think that with the way we've been doing business lately, we'd end up anywhere but exactly where we are right now - at the bottom? Is there anything that isn't outdated at Shopko? Stores certainly are, our business practices are... — read more
I worked at Shopko till last year, really glad that i don't see my old store on the list. Met some really good folks there, the best work environment ever. Was always wondering how come the company which obviously doesn't care about its employees... — read more