ABILENE, Kan., Nov. 29, 2010 (GLOBE NEWSWIRE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced strategic actions it believes will better allocate shareholders' capital and improve profitability. The Company will close 44 Duckwall stores and redeploy the capital into higher-return ALCO stores. The Company, which currently operates 214 broad line ALCO stores in 23 states, intends to change its corporate name to ALCO Stores, Inc., to reflect its new strategic focus. The name change will likely take place in fiscal 2012.
Duckwall-ALCO Takes Strategic Actions To Focus On ALCO Stores And Enhance Profitability
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