ALCO Stores to Move Its Headquarters to Dallas, TX

ALCO Stores to Move Its Headquarters to Dallas, TX

ABILENE, Kan., April 10, 2013 (GLOBE NEWSWIRE) -- ALCO Stores, Inc.
(Nasdaq:ALCS) today announced that the Company will move its corporate
headquarters from Abilene, Kansas, to Coppell, Texas, a suburb of Dallas.

In making the announcement, Chief Executive Officer Rich Wilson said, "Today's
challenging business climate and highly competitive retail landscape require
that we locate our headquarters in a metropolitan center. The Dallas location
provides easy access to many of our stores, other major retailers and
transportation for our employees and business partners."

Wilson added, "Retailing today requires fast response, constant innovation,
and deep commitment from our vendor partners. While ALCO has been located in
Abilene, Kansas, since its inception, relocating to a more accessible location
for our vendors is critical. In addition, our ability to attract and retain
executive level leadership will be enhanced in the Dallas area."

The transition of the central office will take place during the month of June.
The corporate headquarters move does not affect ALCO's store in Abilene, or
the Distribution Center in Abilene. As previously announced, the Company will
consider the feasibility of adding a second distribution facility to lower
freight expense and better serve its store network, but no change is
anticipated for the balance of the year.

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.

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: Debbie Hagen
         Hagen and Partners
         913-642-6363
         email: dhagen@hagenandpartners.com

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