Wards calls it quits after 128 years

Sloan, Carole
January 2001
Furniture/Today;01/01/2001, Vol. 25 Issue 17, p4
Trade Publication
Reports on the closure of Chicago, Illinois-based retailer Montgomery Ward as of January 1, 2001. Company background; Background on the financial problems faced by the retailer.


Related Articles

  • Two decades, a catalog of failure. Strahler, Steven R. // Crain's Chicago Business;07/14/97, Vol. 20 Issue 28, p1 

    Focuses on a case study on the reason for the failure of Montgomery Ward and Company and other corporate enterprises in the United States. Comments from Bernie Brennan former chief executive officer at Ward; Background information on Ward's business relationship with Mobil Corporation.

  • Makers see little impact from Ward's demise. Collins, Chris // Tire Business;1/15/2001, Vol. 18 Issue 20, p3 

    Reports on the impact of the closure of the stores of Montgomery Ward & Co. on tire manufacturers in the U.S. Indication of the bankruptcy of the company; Increase of tire sales of Hamad Tire Co. after the shutdown of nearby Wards tire and automobile center; Reaction of a Goodyear spokesman on...

  • Keep Up With Change, or Else.  // Business News New Jersey;01/09/2001, Vol. 14 Issue 2, p20 

    Editorial. Comments on the failure of New Jersey-based Montgomery Ward to keep up with the business operations in the 21st century. Closing of the retailer after 128 years in existence; Competition with Sears and other retailers; Lessons that New Jersey businesses can learn from the failure.

  • Mid-tiers and others contemplate Ward's few remaining assets. Troy, Mike // DSN Retailing Today;1/22/2001, Vol. 40 Issue 2, p3 

    Reports on the closures of Montgomery Ward stores. Background on product mix; List of companies that are poised to benefit from the closure; Failure to save Montgomery Ward.

  • While Ward's burned, its leadership made millions.  // Crain's Chicago Business;07/21/97, Vol. 20 Issue 29, p8 

    Editorial. Characterizes a bankruptcy filing by Montgomery Ward & Company as an unfortunate chapter for Chicago, Illinois. History of the company; Factors which contributed to its financial difficulties; Impact of the financial crisis on the company's employees; Persons who may have contributed...

  • A bittersweet time in mass retailing. Lisanti, Tony // DSN Retailing Today;1/22/2001, Vol. 40 Issue 2, p11 

    Editorial. Discusses the reasons for the business closure of retail companies Bradlees, Montgomery Ward and Ann & Hope. Its failure of attempts to change; How their identity turned into negative factor; Inability to differentiate themselves from other retailers.

  • Wards' biggest problem wasn't the competition. Cappo, Joe // Crain's Chicago Business;01/08/2001, Vol. 24 Issue 2, p8 

    Focuses on the factors that influenced the downfall of Chicago, Illinois-based retailer Montgomery Ward & Co. Historic legacy left by the company; Flaws in its retail operations; Increased competition posed by other retailers; Errors in corporate decisions.

  • You snooze, you lose. McCormick, John // Newsweek;7/21/1997, Vol. 130 Issue 3, p50 

    Reports that retailer Montgomery Ward & Co has filed for bankruptcy. How the company's troubles in 1997 spring from its firm adherence to a bad idea decades ago; How corporate planning went so wrong; Failures of former chairman Sewell Avery; If the 125-year-old retailer can overcome its history.

  • Goodbye, Montgomergy Ward. Doolittle, Sid // Chain Store Age;Feb2001, Vol. 77 Issue 2, p40 

    Traces the origin and demise of retailer Montgomery Ward Co. from the United States. Evolution of other retail chains; Errors in Montgomery Ward's strategies; Issues surrounding its declaration of bankruptcy.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics