Red Oak Pamida Store to close

News

March 1st, 2012 by Ric Hanson

OMAHA, Neb. (AP) — Shopko plans to close six Pamida stores and consolidate the headquarters of the two companies after completing its acquisition of the competing retailer. Shopko said Thursday the new chain has nearly 350 stores in 22 states, and will be based in its home of Green Bay, Wis. Deal terms weren’t disclosed. Spokeswoman Tara Powers says the company decided not to invest in 6 Pamida stores with disappointing sales. Among the six is the store located in Red Oak. About $80 million will be invested in converting the other Pamida stores by the end of 2012. Powers says 88 of Pamida’s 200 headquarters employees in Omaha were offered new jobs in Green Bay. Sixty-five accepted and will move.