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Small-town discount retailer ALCO Stores filed for Chapter 11 bankruptcy protection on Sunday, but says it plans to stay in business while it reorganizes.
Alco Parking has been cracking down on football tailgaters in response to complaints that some large pre-game parties on the North Shore were getting out of hand, according to company president ...
Alco Stores filed for bankruptcy on Sunday, with plans to liquidate or sell the 113-year-old retail operation.
ALCO said Wells Fargo intends to provide it with a $110 million revolving credit facility and a $12.6 million secured term loan so it can repay some debts and continue operating.