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Montgomery Ward & Co.
Part 1 of Paper
.... company operates specialty stores, distribution centers and product service centers from coast to coast. Its primary business is specialty retailing with a focus in the areas of apparel, fine jewelry, appliances and electronics, furniture, homewares and automotive accessories. The history of Montgomery Ward is a true .... Part 2 of Paper
....place and consumer demands. Also in 1985, catalog operations were discontinued. This move allowed the company to concentrate its resources on retail stores and began the company's transformation from a traditional mass merchandiser into a contemporary group of value-driven specialty stores. The success of the specialty store strategy led to a $3.8 billion dollar leveraged buyout by senior management in 1988, the largest management-led buyout in U.S. history at that time. Montgomery Ward they bec.... |
| Number of words: 1670 - Approximate pages: 7 |
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