Worland Shopko open despite bankruptcy talk

WORLAND – Despite a court filing on Monday that claims Shopko is scheduled to file for bankruptcy on Jan. 15, and a previously disclosed 39 stores closing across the nation, the Worland branch of the retailer remains open, with prescription services being filled.

“We still have not received any notice that we are closing, and we’re still filling prescriptions,” sad Worland Shopko pharmacist David Ahlstrom on Wednesday.

As listed in December by the corporation, the Greybull Shopko is closing, along with branches in Colorado and South Dakota, in the northern Rockies region.

According to a Wisconsin court filing on Monday, Lawyers for McKesson Corp. claim that Shopko has not paid for more than $67 million in pharmaceuticals, and has indicted to McKesson that they will seek Chapter 11 bankruptcy protection.

Most recently, Shopko has been in the process of selling it’s pharmacy business to Kroger and Hy-vee, as part of a restructuring plan.

Shopko is a owned by an affiliate of Sun Capital partners, Inc., a leading private investment firm focused on leverage buyouts, equity, debt and other investments. Shopko was founded in 1962 in Green Bay, Wisconsin.