Alco reports higher December sales

01/03/2013 9:12 AM

01/03/2013 9:13 AM

Alco, based in Abilene, reported Thursday that its December sales increased 4.4 percent over the same period in 2011.

The five-week reporting period, which ended Dec. 30, generated sales of $67.9 million for the discount store chain. That compares to $65 million last year, according to a news release from the company.

On a year-to-date basis, sales from continuing operations, excluding

fuel, increased 2.2 percent to $450.9 million for the fiscal 48-week period.

“We are

pleased with our December sales results, especially in light of the

highly competitive environment and difficult economic landscape,” said Rich Wilson, president and chief executive officer, in a statement issued with the release. “Customers responded to our merchandise and value proposition to deliver

a successful 2012 holiday season for ALCO Stores.”

Alco operates 217 stores in 23 states, mostly in smaller communities.

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