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GREEN BAY, Wis. — Shopko has finished converting the 163 Pamida stores that it bought last year, the mass merchandise retail chain said Thursday.
Green Bay, Wis.-based Shopko announced plans to buy Omaha, Neb.-based Pamida in January 2012, with plans to convert Pamida stores to the Shopko Hometown format. The last 36 Pamida stores to be converted have marked their grand openings as Shopko Hometown stores.
"2012 was a watershed year for Shopko as a result of the merger with Pamida, which significantly increased our store count, employee base and overall revenue," Shopko interim CEO and COO Mike Bettiga said. "Our team did an exceptional job of integrating the two companies into one and staying on an aggressive schedule for the store conversion efforts."
Bettiga said the company would focus on solidifying the Shopko Hometown brand and opening more Hometown stores in new communities. The conversion cost $70 million and brings the total number of Hometown stores to 176, compared with 10 in January 2012; Shopko operates 350 stores in 22 states in total. The Hometown stores combine pharmacy with product offerings in apparel, toys, consumer electronics, seasonal items and lawn and garden products in stores that range from 15,000-35,000 sq. ft.
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