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 Equity

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

    The percentage of an industry or market's total sales that is ...
  3. Brand

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

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

    The party in a franchising agreement that is purchasing the right ...
  6. Steve Cohen

    A trading magnate also referred to as the Hedge Fund King and ...
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

Hot Definitions
  1. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  2. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  3. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  4. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  5. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  6. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
Trading Center