August 30, 2014 4:31 PM ET

Multiline Retail

Company Overview of ALCO Stores, Inc.

Company Overview

ALCO Stores, Inc. operates as a regional broad line retailer in the central United States. Its ALCO stores offer a range of merchandise consisting of approximately 35,000 items, including automotive, consumables and commodities, crafts, domestics, electronics, furniture, hardware, health and beauty aids, housewares, jewelry, pre-recorded music and video, sporting goods, seasonal items, stationery, and toys, as well as ladies’, men’s, and children’s apparel and shoes. As of May 5, 2014, the company operated 198 stores. It also sells video games and electronics, housewares, appliances and furniture, health and beauty aids, baby goods, office supplies, automotive and sporting goods, and other p...

751 Freeport Parkway

Coppell, TX 75019

United States

Founded in 1901

3,300 Employees

Phone:

469-322-2900

Key Executives for ALCO Stores, Inc.

Chief Executive Officer
Age: 53
Total Annual Compensation: $486.0K
Compensation as of Fiscal Year 2014.

ALCO Stores, Inc. Key Developments

ALCO Stores, Inc. Announces Executive Changes

ALCO Stores, Inc. at its Annual Meeting of Stockholders held on August 29, 2014, approved the addition of John M. Climaco, Stanley B. Latacha, William L. Lechtner, David W. Pointer, Dilip Singh, and Mark Stolper as Directors. The company also announced the departure of Royce Winsten as Directors.

ALCO Stores, Inc. Plans to Open 4 Stores in Fiscal 2015

ALCO Stores, Inc.’s plan is to open 4 stores in fiscal 2015 as previously announced, Zapata, Texas; Mathis, Texas; Lewistown, Montana; and Bennett, Colorado. Target opening dates vary by location, with all 4 stores opening late in the season and most likely in the late November timeframe.

ALCO Stores, Inc. Announces Management Changes

ALCO Stores, Inc. announced that Wayne Peterson, Senior Vice President and Chief Financial Officer, has left the Company, effective June 13, 2014. ALCO Stores has begun a search for a new CFO. Mike Juniper, Senior Vice President, Deloitte Transaction and Business Analytics LLP, will serve as Interim CFO until a permanent replacement is named, and Brian Assmus, Vice President and Controller of ALCO Stores, is serving as Principal Accounting Officer.

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