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ALCO Stores, Inc. Announces November Sales Results



ALCO Stores, Inc. Announces November Sales Results

ABILENE, Kan., Nov. 29, 2012 (GLOBE NEWSWIRE) -- ALCO Stores, Inc.
(Nasdaq:ALCS) today announced that sales from continuing operations, excluding
fuel, increased 2.7% to $42.4 million for the fiscal four-week period ended
November 25, 2012, compared to $41.3 million during the same period of the
prior year. On a same-store basis, excluding fuel, sales decreased 1.7% from a
year earlier.

On a year-to-date basis, sales from continuing operations, excluding fuel,
increased 1.8% to $383.0 million for the fiscal 43-week period ended November
25, 2012, compared to $376.2 million during the same period of the prior year.
On a same-store basis, excluding fuel, sales decreased 1.3% from a year
earlier.

Rich Wilson, President and Chief Executive Officer, commented, "We are pleased
with ALCO's 2.7% increase in total sales, which reflects a good start to the
holiday shopping season and the contribution of our newer stores. In
particular, sales at our two newest locations in Cut Bank, Montana, and Tioga,
North Dakota, are both exceeding forecast. On a same-store basis, performance
in November was strong in key holiday-season businesses, primarily Toys,
Electronics, Housewares, Domestics, Stationery and Christmas. In addition, the
food and consumables businesses delivered same-store sales increases for
November. Decreases in our Apparel business negatively impacted the total
same-store sales by 2.3%, primarily as a result of lower sales of cold-weather
apparel."

Investor Conference Call

ALCO Stores, Inc. will host an investor conference call at 10:00 a.m. Central
Time on Friday, December 7, 2012, to discuss operating results for the fiscal
year's third quarter, ended October 28, 2012. The dial-in number for the
conference call is 800-289-0493 (international/local participants dial
913-312-0655), and the Conference Code is 1788646. Parties interested in
participating in the conference call should dial in approximately five minutes
prior to 10:00 a.m. Central Time. A replay of the call will be available after
1:30 p.m. Central Time December 7, 2012, through December 12, 2012, by dialing
888-203-1112 (international/local participants dial 719-457-0820), and the
Replay Code is 1788646. A replay of the call will also be available four hours
after completion of the call by visiting the Investors page on the Company's
website, www.ALCOstores.com.

About ALCO Stores, Inc.

ALCO Stores, Inc. is a broad-line retailer, primarily located in small
underserved communities across 23 states. The Company has 217 ALCO stores that
offer both name brand and private label products of exceptional quality at
reasonable prices. We are proud to have continually provided friendly,
personal service to our customers for the past 111 years. To learn more about
the Company, visit www.ALCOstores.com.

The ALCO Stores, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5865

Forward-looking statements

This press release contains forward-looking statements, as referenced in the
Private Securities Litigation Reform Act of 1995 ("the Act"). Forward-looking
statements can be identified by the inclusion of "will," "believe," "intend,"
"expect," "plan," "project" and similar future-looking terms. You should not
rely unduly on these forward-looking statements. These forward-looking
statements reflect management's current views and projections regarding
economic conditions, retail industry environments, and the Company
performance. Forward-looking statements inherently involve risks and
uncertainties, and, accordingly, actual results may vary materially. Factors
which could significantly change results include but are not limited to: sales
performance, expense levels, competitive activity, interest rates, changes in
the Company's financial condition, and factors affecting the retail category
in general. Additional information regarding these and other factors may be
included in the Company's 10-Q filings and other public documents, copies of
which are available from the Company on request and are available from the
United States Securities and Exchange Commission.

CONTACT: Wayne S. Peterson
         Senior Vice President - Chief Financial Officer
         785-263-3350 X164
         email: wpeterson@ALCOstores.com
         or
         Debbie Hagen
         Hagen and Partners
         913-642-6363
         email: dhagen@hagenandpartners.com

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