Hy-Vee To Buy Six Iowa Shopko Locations
With Shopko stores shutting down and going out of business in Iowa, several of its locations have a major new tenant.
The Gazette reports six different Shopko locations across the state will reopen as Hy-Vee stores by the end of summer. Purchase agreements were signed Monday to acquire the Cresco, Dyersville, Hampton, Oelwein, Vinton, and Waukon Shopko stores to turn into Hy-Vee Dollar Fresh Stores.
Dollar Fresh stores are a division of Hy-Vee offering affordable, high-quality groceries to smaller towns.
Shopko was a Wisconsin-based general merchandise retailer that filed for Chapter 11 bankruptcy in January 2019. The six new stores will double the number of Dollar Fresh locations under Hy-Vee. CEO, President, and board chairman Randy Ecker said:
As we continue to innovate, we’re taking a look at the needs of our rural communities
The new stores will add to the Centerville, Creston, Emmetsburg, Osceola and Toledo stores in Iowa, and one in West Point, Nebraska.
Hy-Vee among all its brands has 265 stores across the midwest.