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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...