Alcos Stores Inc. (ALCSQ)

[BRITT2575]

Going-Out-Of-Business Sale To Begin Friday At All 198 Alco Stores In 23 States

Nov 20, 2014 17:38:00 (ET)

--Liquidation sale will offer significant discounts on all merchandise during holiday season

COPPELL, Texas, Nov. 20, 2014 /PRNewswire/ -- After 113 years, Alco Stores (OTC-PINK: ALCSQ), a discount retailer focused on serving consumers in smaller communities with limited access to other regional or national retail chains, is closing its doors forever.

The U.S. Bankruptcy Court in Dallas approved an order today authorizing Tiger Capital Group LLC, SB Capital Group LLC and Great American Group LLC to conduct "Going Out Of Business" sales in each of Alco's 198 locations in 23 states. More than $260 million of inventory, fixtures and equipment will be liquidated during the sale, which begins Friday, November 21.

More than $260,000,000 of inventory.........

Been a lot of support at .161 maybe a run to $1.00