ShopKo Reports January Retail Sales

ShopKo Reports January Retail Sales

(Year End Conference Call Arrangements Provided)

GREEN BAY, Wis., Feb. 3 /PRNewswire-FirstCall/ -- ShopKo Stores, Inc. (NYSE:SKO), today reported consolidated sales for the four weeks ended January 29, 2005 decreased 1.6 percent to $196.5 million from $199.6 million during the same period last year. Consolidated comparable store sales decreased 1.7 percent.

Consolidated comparable store sales for the fiscal thirteen weeks and the fiscal fifty-two weeks ended January 29, 2005 declined 4.4 percent and 0.4 percent, respectively.

Sales Summary by Business Segment (dollars in millions)

Retail Segments Period Ended % Change
4 Weeks: 1/29/05 Total** Comp*
ShopKo $145.1 (3.6)% (3.7)%
Pamida 51.4 4.8 4.4
Total Retail $196.5 (1.6)% (1.7)%

13 Weeks:
ShopKo $681.9 (6.0)% (5.8)%
Pamida 228.0 0.3 0.2
Total Retail $909.9 (4.5)% (4.4)%

52 Weeks:
ShopKo $2,356.7 (1.1)% (0.9)%
Pamida 810.3 1.2 1.2
Total Retail $3,167.0 (0.5)% (0.4)%


* Comparable store sales represent sales of those stores open during both
fiscal years and do not include sales from the ShopKo wholesale optical
lab.
** ShopKo division total sales variance reflects sales from one closed
ShopKo location in fiscal 2004 and three new ShopKo Express Rx
locations. Pamida division total sales variance reflects sales in the
prior year periods from seven locations which have been closed and not
replaced, and two new Pamida locations opened in fiscal 2003. Sales
variance also reflects sales from five closed Pamida locations and
seven new locations in fiscal 2004.




Consolidated comparable store sales for the month of February are expected to be in the negative low single digit range.

Fourth Quarter/Year End Conference Call Arrangements

ShopKo Stores, Inc. will host a conference call and real-time webcast March 10, 2005, at 10:30 a.m. Central Standard Time (CST) to discuss fourth quarter and year end results and fiscal 2005 outlook. Participants may access the conference by dialing (800) 860-2442 and asking for the ShopKo Stores, Inc. conference call. The webcast will be archived for two weeks at http://www.shopko.com/ .

The call will be rebroadcast immediately following the call through March 18, 2005. The replay can be accessed by dialing (877) 344-7529 or (412) 317-0088. When prompted for an account number dial 718#, then dial 1 for the recorded conference. When prompted for the conference number dial 364641#, then press 1 to begin the playback.

ShopKo Stores, Inc. provides weekly updates on consolidated comparable store sales. A real time audio recording of the previous week's results will be available after 10:00 a.m. CST Monday by calling (920) 429-4646. These recorded messages will not be available on the Monday preceding monthly sales releases.

ShopKo Stores, Inc. is a retailer headquartered in Green Bay, Wis., with 363 stores and 25,000 teammates throughout the Midwest, Mountain and Pacific Northwest regions. Retail formats include ShopKo, providing quality name- brand merchandise, great values, pharmacy and optical services to busy families in mid-sized to larger cities; Pamida, bringing value close to home in small, rural communities; and ShopKo Express Rx, a new and convenient neighborhood drugstore concept. With annual sales over $3.0 billion, ShopKo Stores, Inc. is listed on the New York Stock Exchange under the symbol SKO. For more information about ShopKo, Pamida or ShopKo Express Rx, visit our web site at http://www.shopko.com/ .

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding expected sales and other financial results. Such statements are subject to important factors that could cause ShopKo's actual results to differ materially from those anticipated by the forward-looking statements including those referenced in ShopKo's current annual report on Form 10-K or as may be described from time to time in ShopKo's subsequent SEC filings; and such factors are incorporated by reference.


Source: ShopKo Stores, Inc.

CONTACT: Media, John Vigeland, +1-920-429-4132, or Investors, Jenine
Malone +1-920-429-7039, both of ShopKo Stores, Inc.

Web site: http://www.shopko.com/


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