Content about American Locomotive Company

September 23, 2014

Just three weeks after Alco appointed a brand new board of directors, the company reported a net loss of $7 million in the second quarter, compared to net earnings of $800,000 a year earlier, thanks in part to growing costs of advertising, new stores and store support.

September 5, 2014

Just a few days after electing a whole new board of directors, Alco announced that newly elected director Stanley B. Latacha will assume the role of interim CEO, effective immediately.

September 2, 2014

Broad-line retailer Alco’s shareholders have replaced the company’s board of directors with seven new members, effective immediately. The elections were made at the company’s annual meeting of stockholders in Dallas late last week.

December 18, 2013

Alco is developing a strategy to improve profitability and deliver shareholder value, following a growing net loss during the third quarter of fiscal 2014, compared to the same period in the prior year.

July 25, 2013

Argonne Capital Group LLC, a private investment firm based in Atlanta, Ga., has entered into a definitive merger agreement with Alco Stores, which will allow Argonne to acquire all outstanding shares of the broad-line retailer’s common stock for $14 per share in cash.

June 14, 2013

Lingering winter weather conditions affected broad-line retailer Alco, which reported same-store sales of $112.4 million for the first quarter ended May 5, a 2.2% decrease from $115 million for the same quarter a year ago.

April 10, 2013

Alco Stores announced that the company will move its corporate headquarters from Abilene, Kansas, to Coppell, Texas, a suburb of Dallas.

February 7, 2013

Alco reported that total sales, excluding fuel, increased 26% to $34.8 million for the fiscal five-week period ended Feb. 3, compared with $27.6 million during the four-week period of the prior year. On a same-store basis, excluding fuel, sales increased 21.4% from a year earlier.

July 30, 2012

Alco Stores has selected OrderMotion's OMX platform to provide the back office technology to serve its new e-commerce site.

July 19, 2012

Alco this week began offering products for sale on its website.

July 11, 2012

Alco Stores has promoted Brent Streit to SVP marketing and e-commerce.

June 29, 2012

A new era has begun at Duckwall-ALCO Stores, as the company's shareholders have approved the company's name change to ALCO.

April 13, 2012

Duckwall-ALCO Stores fourth-quarter net sales increased 1% to $137.5 million, compared with the fourth quarter of fiscal 2011.

December 9, 2011

Broad-line retailer Duckwall-ALCO Stores increased sales and returned to profit in the third-quarter as the company continued to experience top-line growth across multiple categories.

April 15, 2011

Duckwall-ALCO Stores reported that net sales from continuing operations for the fourth quarter of fiscal 2011 increased 4.4% to $136.9 million and same-store sales, excluding fuel center sales, increased 1.8%, compared with the same period in the prior fiscal year

December 11, 2010

ABILENE, Kan. - Duckwall-ALCO Stores reported that net sales from continuing operations for the third quarter of fiscal 2011 decreased 0.6% to $110.5 million and same-store sales decreased 2.3%.

November 28, 2010

Duckwall-ALCO Stores announced that it will close 44 Duckwall stores and redeploy the capital into...

September 12, 2010

Duckwall-ALCO Stores has announced that Terrence Babilla has joined the company's board of directors ......

July 14, 2010

Duckwall-ALCO Stores announced that Donny Johnson, EVP and CFO, has resigned effective Aug. 13 ......

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