ABILENE — ALCO Stores Inc. announced that sales from continuing operations, excluding fuel, decreased 2.9 percent to $46.8 million for the fiscal five-week period ended July 1, compared to $48.1 million during the same period of the prior year. On a same-store basis, excluding fuel, sales decreased 5.9 percent from a year earlier.
On a year-to-date basis, sales from continuing operations, excluding fuel, increased 2.4 percent to $202.4 million for the fiscal 22-week period ended July 1, compared to $197.7 million during the same period of the prior year. On a same-store basis, excluding fuel, sales decreased 0.2 percent from a year earlier.
This month, Abilene-based ALCO also announced the promotion of Brent Streit to senior vice president, marketing and e-commerce.
Streit, a native of Downs and a graduate of Kansas State University with a Bachelor of Science degree in marketing, has more than 20 years of experience in retailing. In 2001 he joined ALCO, then known as Duckwall-ALCO Stores Inc., as a buyer. Since then he has held increasingly responsible positions in supply chain management, marketing and business development.
“Brent Streit is a key contributor to our team,” said Rich Wilson, president and chief executive officer. “Since we reset the merchandising approach of our 200-plus ALCO stores in 2010, Brent has provided leadership for advertising, direct and indirect promotional media, social media, visual merchandising and brand strategy.
Wilson said he also spearheaded the development and recent launch of our ecommerce store at ALCOstores.com. “All these efforts are crucial to ALCO’s ongoing growth.”