Larry Montgomery

AAA

DEFINITION of 'Larry Montgomery '

A former CEO and chairman of Kohl's department stores. Montgomery joined Kohl's in 1988 as senior vice president and director of stores. He was appointed to the board of directors in 1994, became CEO in 1999, and became chairman in 2003. Montgomery is known for helping to turn Kohl's from a primarily Midwestern chain into a national chain. He retired in 2010.

INVESTOPEDIA EXPLAINS 'Larry Montgomery '

Kohl's is a Wisconsin-based department store with both an online and brick-and-mortar presence. It opened its first store opened in 1962, and the company went public in 1992 with an initial public offering of 11.1 million shares. The stores primarily sell men's, women's and children's apparel, footwear, accessories and home furnishings. About half of the items sold in its stores are private or exclusive brands.

RELATED TERMS
  1. Brand

    A distinguishing symbol, mark, logo, name, word, sentence or ...
  2. Brand Awareness

    The likelihood that consumers recognize the existence and availability ...
  3. Franchisee

    The party in a franchising agreement that is purchasing the right ...
  4. Brand Equity

    The value premium that a company realizes from a product with ...
  5. Market Share

    The percentage of an industry or market's total sales that is ...
  6. David Einhorn

    Known for his short selling strategy, activist investor David ...
Related Articles
  1. Great Expectations: Forecasting Sales ...
    Fundamental Analysis

    Great Expectations: Forecasting Sales ...

  2. Interpreting A Company's IPO Prospectus ...
    Fundamental Analysis

    Interpreting A Company's IPO Prospectus ...

  3. Selecting A Second-Tier Company
    Economics

    Selecting A Second-Tier Company

  4. 3 Secrets Of Successful Companies
    Investing

    3 Secrets Of Successful Companies

comments powered by Disqus
Hot Definitions
  1. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  2. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  3. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  4. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  5. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
  6. Earnings Before Interest After Taxes - EBIAT

    A financial measure that is an indicator of a company's operating performance. EBIAT, which is equivalent to after-tax EBIT ...
Trading Center