|ALCO Store in Paulding to close: Press release|
|Thursday, October 17, 2013 3:57 PM|
Press release issued Thursday, Oct. 17, 2013:
Abilene, Kan. - ALCO Stores Inc. has announced today it will close its ALCO store in Paulding.
In making the announcement, Ricardo Clemente, sr. vice president for store operations, said, “The decision to close the store in Paulding was a difficult one. We have valued the opportunity to be a part of this community, but unfortunately the store’s performance does not meet our financial requirements. The economy has clearly had an impact on store sales, and we’ve made the very difficult decision to close.”
Clemente said employees of the Paulding store will have the opportunity to be considered for positions at other ALCO stores.
Beginning Monday, Oct. 21, the store will mark down prices on many items prior to its closing date, which is anticipated by Jan. 26, 2014.
Clemente added, “This is never an easy decision to make, and we know it will have an impact on the Paulding community. We wish to express our thanks to the many friends that we have served over the past several years and also thank the employees who have served our company faithfully during that time.”