Profile: ALCO Stores Inc (ALCS.O)

Alco Stores, Inc., formerly Duckwall-ALCO Stores, Inc., incorporated on July 2, 1915, is engaged in the business of retailing general merchandise throughout the central portion of the United States of America through a range of department store outlets. The Company is a regional retailer operating 216 stores in 23 states. The Company’s ALCO stores offer a range of merchandise consisting of approximately 35,000 items, including automotive, commodities, crafts, domestics, electronics, furniture, hardware, health and beauty aids, housewares, jewelry, ladies’, men’s and children’s apparel and shoes, pre-recorded music and video, sporting goods, seasonal items, stationery and toys.

During the fiscal year ended, January 29, 2012, the Company opened four additional ALCO store(s), closed two stores and converted one Duckwall store to an ALCO store. One ALCO store was closed and 49 Duckwall stores were closed. As of January 29, 2012, the Company owned two locations and leased 214 locations. The ALCO stores average approximately 21,000 square feet of selling space, with an additional 5,000 square feet utilized for merchandise processing, temporary storage and administration.