Content about Schenectady, New York

September 5, 2014

Just a few days after electing a whole new board of directors, Alco announced that newly elected director Stanley B. Latacha will assume the role of interim CEO, effective immediately.

Just a few days after electing a whole new board of directors, Alco announced that newly elected director Stanley B. Latacha will assume the role of interim CEO, effective immediately.

September 2, 2014

Broad-line retailer Alco’s shareholders have replaced the company’s board of directors with seven new members, effective immediately. The elections were made at the company’s annual meeting of stockholders in Dallas late last week.

Broad-line retailer Alco’s shareholders have replaced the company’s board of directors with seven new members, effective immediately. The elections were made at the company’s annual meeting of stockholders in Dallas late last week.

December 18, 2013

Alco is developing a strategy to improve profitability and deliver shareholder value, following a growing net loss during the third quarter of fiscal 2014, compared to the same period in the prior year.

Alco is developing a strategy to improve profitability and deliver shareholder value, following a growing net loss during the third quarter of fiscal 2014, compared to the same period in the prior year.

Net loss totaled $16.4 million, compared to $1.4 million. Results in the third quarter of fiscal 2014 included a non-cash charge of $9.8 million related to a valuation allowance on the company's cumulative deferred tax asset, and $1.1 million of non-recurring expenses attributable to merger activity.

June 14, 2013

Lingering winter weather conditions affected broad-line retailer Alco, which reported same-store sales of $112.4 million for the first quarter ended May 5, a 2.2% decrease from $115 million for the same quarter a year ago.

ABILENE, Kan. — Lingering winter weather conditions affected broad-line retailer Alco, which reported same-store sales of $112.4 million for the first quarter ended May 5, a 2.2% decrease from $115 million for the same quarter a year ago.

The company reported net sales from continuing operations for the quarter of $117.5 million, an increase of 0.9% from $116.5 million for the same quarter a year ago.

March 7, 2011

GE Home & Business Solutions announced that Maryrose Sylvester has been named president and CEO of GE Lighting, a global industry leader in lighting, systems and services for commercial, industrial and residential use.

FAIRFIELD, Conn. -- GE Home & Business Solutions announced that Maryrose Sylvester has been named president and CEO of GE Lighting, a global industry leader in lighting, systems and services for commercial, industrial and residential use. 

Sylvester, who will report to GE Appliances & Lighting president amd CEO James Campbell, succeeds Michael Petras who has led GE Lighting since 2008. Petras is leaving GE to take a position outside of the company. 

September 19, 2010

GE Appliances & Lighting has entered into an agreement with Target to begin supplying the...