The WI-based discount pharmacy and general merchandise chain filed for Chapter 11 protection, citing increasing pressure from online retailers and larger brick-and-mortar competitors such as Walmart and Target. ShopKo plans to use the bankruptcy process to complete the exit of the pharmacy business that it started last year, and close at least 38 of its more than 300 locations. The company listed $500 million to $1 billion in assets ... Log in to view full article.