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. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  2. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  3. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  4. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  5. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  6. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
Trading Center