Discounts Of Up T0 50%-Off Now Offered At Alco Going-Out-Of-Business Sale

COPPELL, Texas, Dec. 18, 2014 /PRNewswire/ -- Last-minute holiday shoppers will now find even bigger bargains at the Going-Out-Of-Business sale underway at all 198 Alco stores located across 23 states in the Midwest, Southeast and Southwest.

Effective today, discounts of up to 50%-off the lowest ticketed price are being offered on all toys, as well as the stores' entire Christmas department, greeting cards and party supplies. Liquidation discounts are also being offered on Alco's remaining inventories of family apparel and footwear, housewares, electronics, seasonal products, sporting goods, food and snack items, health and beauty aids, hardware, and more. Some stores are closing soon, so consumers are urged to shop as soon possible to get the widest selection of merchandise.

As previously reported, the U.S. Bankruptcy Court in Dallas approved an order on November 20 authorizing Tiger Capital Group LLC, SB Capital Group LLC and Great American Group LLC to begin liquidating all locations of Alco Stores (OTC-Pink: ALCSQ). More than $260 million of inventory, fixtures and equipment are being liquidated during the sale, which began on November 21.

Alco stores, which average 25,000 square feet in size, are located in Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Ohio, Oklahoma, South Dakota, Texas, Utah, Wisconsin, and Wyoming. For a list of locations, go to: http://www.alcostores.com//about_us. All stores are maintaining their normal business hours during this liquidation sale and continue to honor Alco's Rewards Program. Cash and major credit cards will be accepted.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/discounts-of-up-t0-50-off-now-offered-at-alco-going-out-of-business-sale-300011881.html

SOURCE Tiger Capital Group, LLC