01/04/2012
Shopko Stores-Pamida Merger to Focus on Small Communities
Retail chains Shopko Stores and Pamida have agreed to merge in a deal expected to close in mid-February that will increase the number of stores operating under the Shopko banner to 350 in 22 states from 149 stores in 13 states currently, the Superior Telegram reported. The Green Bay, Wis.-based combined entity plans to invest $80 million over the next year to convert Pamida locations to the Shopko Hometown concept with a local focus.