Duckwall-Alco Officially Changes Name to Alco Stores

Duckwall-Alco said Thursday it's officially changing its name to Alco Stores, Inc. An amendment at Wednesday’s annual shareholder meeting was approved. The company’s ticker symbol on NASDAQ is now “ALCS.” The 111-year-old chain has 216 locations in 23 states, mostly in small-town environments. Plans are on tap to open five new stores in fiscal 2013, while eight underperforming stores are slated to be closed.