FOR IMMEDIATE RELEASE ALCO STORES, INC. ANNOUNCES SCHEDULE TO REPORT OPERATING RESULTS FOR SECOND QUARTER OF FISCAL 2014 Coppell, TX (September 9, 2013) -- ALCO Stores, Inc. (Nasdaq: ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced that it plans to release operating results for the quarter ended August 4, 2013, after the close of the market on September 17, 2013. The Company will file its Form 10-Q with the Securities and Exchange Commission no later than September 18, 2013. In light of the merger agreement announced on July 25,

2013, and the pending filing of an amended preliminary proxy statement regarding the transaction, the
Board of Directors and management team have decided to cancel the quarterly conference call.

About ALCO Stores, Inc.

Founded in 1901, ALCO Stores, Inc. is a broad-line retailer, primarily serving small underserved communities across 23 states, which specializes in providing a superior selection of essential products for everyday life in small-town America. The Company has 214 ALCO stores that offer both name brand and private label products of exceptional quality at reasonable prices. ALCO is proud to have
continually provided friendly, personal service to its customers for the past 112 years. ALCO has its distribution center in Abilene, Kansas, and is in the process of moving its headquarters from Abilene to suburban Dallas, Texas. 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 Company performance. Forward-looking statements inherently involve risks and uncertainties, and, accordingly, actual results may vary materially. Factors that 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 Form 10-K and Form 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.
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For more information, contact: Wayne S. Peterson Senior Vice President - Chief Financial Officer 469-322-2900 ext. 1071 email: wpeterson@alcostores.com or Debbie Hagen Hagen and Partners 913-642-6363 email: dhagen@hagenandpartners.com
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