MONTGOMERY WARD Meaning and
Definition
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Montgomery Ward is a noun referring to a former American department store chain. Founded in the late 19th century, it was one of the first and largest mail-order retailers in the United States. The name "Montgomery Ward" is derived from the founder's name, Aaron Montgomery Ward. The company initially started as a mail-order business in 1872, offering a wide range of goods, from clothing and furniture to appliances and toys.
During its peak, Montgomery Ward was highly influential in the retail industry, revolutionizing the concept of shopping by mail. It played a significant role in bridging the gap between rural and urban areas, providing access to a wide array of products for customers living in remote locations.
Apart from mail-order services, Montgomery Ward also operated department stores in various cities across the United States. These stores offered a traditional shopping experience with various departments and sections, attracting a large customer base. However, due to increasing competition from other retailers like Sears, Roebuck and Co., Montgomery Ward faced financial struggles in the late 20th century.
Ultimately, the company filed for bankruptcy in 1997 and closed down its operations. Despite its closure, Montgomery Ward remains a significant part of retail history, having played a crucial role in shaping modern retail practices and expanding access to consumer goods.
Common Misspellings for MONTGOMERY WARD
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Etymology of MONTGOMERY WARD
The word "Montgomery Ward" derives from the names of its founder, Aaron Montgomery Ward. Aaron Montgomery Ward established the company in 1872, which was originally called "Ward's Warehouse". Eventually, it became known as "Montgomery Ward" after its founder's full name.
