Larry Montgomery

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.

BREAKING DOWN '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. Chain Store Sales

    An indicator that provides information on the monthly sales volumes ...
  2. Store Of Value

    Any form of commodity, asset, or money that has value and can ...
  3. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & ...
  4. William Dillard II

    The son of the founder and former chairman of Little Rock-based ...
  5. Chairman

    An executive elected by a company's board of directors that is ...
  6. William E. Mitchell

    A chairman and CEO of Arrow Electronics. William E. Mitchell ...
Related Articles
  1. Investing News

    Kohl's Disappoints With Earnings, Increases Dividend (KSS)

    Kohl's posted disappointing profit and revenue figures for 2016 Q1 but boosted the dividend from $0.45 to $0.50 per quarter.
  2. Stock Analysis

    Kohl's: Should You Stock Up or Sell? (KSS)

    Many traders are bearish on Kohl's, but long-term investors might want to take a closer look for this simple reason.
  3. Stock Analysis

    Kohl's Expands Its Off/Aisle Discount Brand

    Already known at least partly for its value pricing, Kohl's (NYSE: KSS) has launched more locations of its discount brand, Off/Aisle. A new concept, the chain opened the first Off/Aisle last ...
  4. Stock Analysis

    Kohl's: Does a Broken Stock Mean a Broken Company?

    Kohl's stock is broken, but the company is strong.
  5. Stock Analysis

    Kohl's, Macy's Weak Q1 Shows Where Retail's Going

    Both Kohl's (NYSE: KSS) and Macy's (NYSE: M) posted disappointing first-quarter earnings reports, which raises questions about how the retailers will compete going forward. Both retailers saw ...
  6. Stock Analysis

    Kohl's Launches a Christmas Shopping Marathon (KSS, WMT)

    Is it a sign of desperation, or has Kohl's (NYSE: KSS) sensed a real opportunity? Like many retailers grasping for every last consumer dollar they can in this dicey economy, the mid-tier department ...
  7. Stock Analysis

    Not Even Chewbacca Can Pilot Kohl's Back to Growth

    Kohl's (NYSE: KSS) is getting some social media mileage out of the viral video of a woman in a Chewbacca mask, but it won't be anything near what's necessary to turn around the ailing retailer. ...
  8. Stock Analysis

    The Top 5 Mid Cap Retail Stocks for 2016

    Discover the top five mid-cap retail stocks for 2016, with a summary, growth outlook and potential price target for each company in the new year.
  9. Stock Analysis

    5 Retailers Set to Close More Stores in 2016 (FINL, GPS)

    Discover retail stores that have already announced plans to close stores in 2016. Some expect a new economic downturn, which may lead more stores to close.
  10. The Demise of the Department Store (SHLD, M, JCP)

    According to a new report, department stores need to cut down on their physical locations to maximize their sales per square foot.
RELATED FAQS
  1. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  2. What is the difference between supply chain management and value chain management ...

    Discover what the principal differences are between utilizing a supply chain management system and a value chain management ... Read Answer >>
  3. Who are Rite Aid's (RAD) main competitors?

    Learn about Rite Aid Corporation, the third-largest drugstore chain in the United States, and its major competitors in the ... Read Answer >>
  4. What are some advantages and disadvantages of value chain analysis?

    Learn about the five activities that make up a generic value chain. Understand the advantages and disadvantages of value ... Read Answer >>
  5. What is the difference between a value chain and a supply chain?

    Understand the difference between a value chain and a supply chain. Learn why a company would want to maximize the value ... Read Answer >>
  6. How do investors interpret the same store sales ratio when analyzing retail stocks?

    Examine the importance of the same-store sales ratio as a key equity evaluation metric utilized by investors interested in ... Read Answer >>
Hot Definitions
  1. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  2. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  3. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  4. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  5. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
Trading Center