Shopko may be headed for bankruptcy after $67 million lawsuit

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Green Bay-based retailer Shopko, which operates stores in Belvidere, Beloit and Freeport, appears to be headed for bankruptcy.

A pharmaceutical company filed a complaint against Shopko to stop selling its products in their stores because Shopko owes them more than $67 million, WBAY reports.

McKesson Corporation says they haven’t received payment for the products since November and asked a judge this week to block the sales of their drugs at Shopko pharmacies.

In court, an attorney for McKesson said Shopko could file for bankruptcy as soon as January 15th.

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