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The nation may be blanketed with general merchandise retailers, but Shopko Stores believes there are holes in that blanket. Its merger of Shopko and Pamida stores announced Wednesday is designed to fill those holes. Shopko will spend $80 million over the next year to convert most of the 193 Pamida stores to Shopko Hometown stores. The Hometown model is Shopko's answer to small-town markets and the area where the company believes it can grow. As a result of the merger, Shopko will move 120 management-level jobs from Pamida headquarters in Omaha, Neb., to Shopko headquarters in Ashwaubenon over the next year.
The nation may be blanketed with general merchandise retailers, but Shopko Stores believes there are holes in that blanket. Its merger of Shopko and Pamida stores announced Wednesday is designed to fill those holes. Shopko will spend $80 million over the next year to convert most of the 193 Pamida stores to Shopko Hometown stores. The Hometown model is Shopko's answer to small-town markets and the area where the company believes it can grow. As a result of the merger, Shopko will move 120 management-level jobs from Pamida headquarters in Omaha, Neb., to Shopko headquarters in Ashwaubenon over the next year.
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