James Schoenbeck, senior VP of real estate, is retiring after more than 32 years of service to the company. Schoenbeck served in a variety of senior leadership positions.

Phillip Hixon has been promoted to senior VP of store development. Hixon will assume responsibility for real estate while continuing to direct the store opening process and merchandising presentation efforts. He joined the company in December 2006 after many years with Michael's Stores, Inc., where he was responsible for opening more than 700 stores.

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Stock %Chg Industry Mkt Cap Duckwall-ALCO Stores $11.15 -5.91% Department & Discount $42.5M Quote data as of: 03/31/2008 11:59 AM