UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported) July 12, 2010.


Duckwall-ALCO Stores, Inc.
(Exact name of registrant as specified in its charter)

Kansas
0-20269
48-0201080
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)


401 Cottage
Abilene, Kansas 67410-2832
 (Address of principal executive offices) (Zip Code)

(785) 263-3350
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

 
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 
[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 
[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
 

 

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 12, 2010, Donny R. Johnson resigned from his position as Executive Vice President-Chief Financial Officer of Duckwall-ALCO Stores, Inc. (the “Company”), effective as of August 13, 2010.  Mr. Johnson has decided to relocate his family to Tahlequah, Oklahoma in order to be near to his parents and extended family. Mr. Johnson took a position with a company near Tahlequah, and the Company wishes Mr. Johnson the best in his and his family’s transition. The Company is diligently looking for a replacement for Mr. Johnson and hopes to announce Mr. Johnson’s replacement soon.

Item 7.01.  Regulation FD Disclosure.

The information set forth in Item 5.02 is incorporated herein by reference, in its entirety, into this Item 7.01. On July 15, 2010, the Company issued a press release attached as Exhibit 99.1, incorporated into this Item 7.01 by reference, announcing the resignation of Mr. Johnson.
 
Item 9.01.  Financial Statements and Exhibits
 
(d)            Exhibits.
 

Exhibit
Number                        Description
 
 
99.1
Press Release dated July 15, 2010

 

 

 
 



 
 

 




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
 
 
Date: July 15, 2010
DUCKWALL-ALCO STORES, INC.
 
 
By:        /s/  Richard E. Wilson
Richard E. Wilson
President and Chief Executive
         Officer






 
 

 

INDEX TO EXHIBITS

Exhibit
Number                        Description
 
 
99.1
Press Release dated July 15, 2010
 


 
 

 

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