Duckwall-Alco names new CFO

Duckwall-Alco Stores has hired Wayne Peterson as senior vice president and chief financial officer.

Peterson has 30 years in the retail industry, most recently as chief financial officer of Minyard Food Stores, based in the Dallas-Fort Worth area. He began his career as a financial analyst with Jewel Food Stores and progressed to chief financial officer at Buttrey Food and Drug Stores, Copelands' Enterprises and Homeland Holding before going to Minyard.

He has a bachelor's degree in accounting from Millikin University and an MBA from Lewis University Graduate School of Business.