The Decline of Montgomery Ward...What Happened?

  Рет қаралды 314,758

Company Man

Company Man

3 жыл бұрын

Montgomery Ward was once one of the largest retailers in the United States. This video highlights some of their biggest mistakes over the years that ultimately lead to multiple bankruptcies and the closing of all their stores.
To submit ideas and vote on future topics:
companymanideas.com
Patreon: / companyman
Twitter: / mikecompany17
A very special thanks to this wonderful group of Patrons:
Tyrone Cowan, Ken, Ronnie Cheng, Eric Shapley, PleaseUseWisely, Michael Sawyer, Astra, Cervidian, Brooks Sparling, Brian Smith, Huperzia Selago, Ahmad, Jesse Long, Robert T Kirton, milkshake, Brandon L, Jon, Christian & Penny Gray, Emerald Computers - Jason Dragon, Dylan Kinnard, Brett Walton, Dominique Dugas, Nicholas Murphy, Peter Wesselius, Tristan Williams, Meow Wolf, Amy Westacott, MyNameIsKir, Jimmy1985, Stewart Tritapoe, Sondre Grimsmo Sinnes, Chris Lion-Transler, Sirpoptart.
Company Declines:
Kmart: • The Decline of Kmart.....
Blockbuster: • The Decline of Blockbu...
RadioShack: • The Decline of RadioSh...
Solo Cups: • The Decline of Solo......
Toys "R" Us: • The Decline of Toys R ...
hhgregg: • The Decline of hhgregg...
Pan Am: • The Decline of Pan Am....
ESPN: • The Decline of ESPN......
Gibson: • The Decline of Gibson....
iHeartMedia: • The Decline of iHeartM...
Bon-Ton: • The Decline of Bon-Ton...
Kodak: • The Decline of Kodak.....
General Electric: • The Decline of General...
Woolworth: • The Decline of Woolwor...
Dell: • The Decline of Dell......
Sears: • The Decline of Sears.....
Payless: • The Decline of Payless...
Hostess: • The Decline of Hostess...
Redbox: • The Decline of Redbox....
Nokia: • The Decline of Nokia.....
JCPenney: • The Decline of JCPenne...
Quiznos: • The Decline of Quiznos...
GameStop: • The Decline of GameSto...
NASCAR: • The Decline of NASCAR....
Shopko: • The Decline of Shopko....
MoviePass: • The Decline of MoviePa...
Reebok: • The Decline of Reebok....
The Gap: • The Decline of The Gap...
Pier 1 Imports: • The Decline of Pier 1 ...
Sbarro: • The Decline of Sbarro....
AOL: • The Decline of AOL...W...
Long John Silver's: • The Decline of Long Jo...
Chuck E. Cheese's: • The Decline of Chuck E...
GNC: • The Decline of GNC...W...
Hertz: • The Decline of Hertz.....
Steak 'n Shake: • The Decline of Steak '...
CiCi's Pizza: • The Decline of CiCi's ...
Boston Market: • The Decline of Boston ...
Yahoo: • The Decline of Yahoo!....
______________________________
Website created by - fullertonmedia.com
Intro Made By - / @jombo1

Пікірлер: 2 400
@CrazyPetez
@CrazyPetez 3 жыл бұрын
In the late 1940s, I remember going to a Wards store in San Rafael, CA. There were no cash registers on the sales floor. You, my grandparents actually, gave the clerk the money, the clerk put the money and a sales slip into a tubular thing about 2” in diameter. Vacuum sucked the money holding thing upstairs where change was made and put back into the little holder, along with a receipt. Suddenly it dropped onto the counter, and you were given your change and receipt. It was so cool to see. I remember it vividly over 70 years ago.
@lwilton
@lwilton 3 жыл бұрын
I remember that system at a variety store in Ontario Cal. in the late 50s and early 60s. I think it was the F. W. Woolworth's store. In the same era the JC Pennys just half a block down the street still had a soda fountain where you could buy lunch. But Pennys had cash registers at the front of the store by that time.
@MdlAgedHeadbanger
@MdlAgedHeadbanger 3 жыл бұрын
I don't recall the store as I was around 4 years old, but I remember that system in place for a store in Portland, OR in the early 70's. Some older stores of local chains in the downtown area would still have those tubes visible throughout the 70's even though the tubes were no longer in use.
@dfirth224
@dfirth224 3 жыл бұрын
I remember that also.
@dfirth224
@dfirth224 3 жыл бұрын
@@MdlAgedHeadbanger Home Depot has that system today, but seldom use it.
@kenrutherford1109
@kenrutherford1109 3 жыл бұрын
There used to be a Montgomery Wards in Tampa at Dale Mabry Highway and I-275, but the store was demolished.
@Coyotek4
@Coyotek4 3 жыл бұрын
Two words that always equate to death on this channel: "leveraged buyout".
@johnl.7754
@johnl.7754 3 жыл бұрын
Always wondered if banks that lend money actually made or lost money on these leveraged buyouts. Maybe enough worked out at high interest rates that we don’t hear about that they did ok.
@TBustah
@TBustah 3 жыл бұрын
Yeah, I immediately thought of what killed Toys R Us, which I learned about from this channel.
@Raskolnikov70
@Raskolnikov70 3 жыл бұрын
"Vulture Capitalism" needs to become the official term for this kind of buyout. 'Vampire Capitalism' works too, but venture capitalist firms don't stop at sucking out the blood, they pick off every bit of meat and then smash the bones to get at the marrow.
@franklinbrooksstoppedcomme3267
@franklinbrooksstoppedcomme3267 3 жыл бұрын
I wouldn't wish one on my worst enemies. They're just that bad.
@TBustah
@TBustah 3 жыл бұрын
@@Raskolnikov70 It’s not even really capitalism in the traditional sense. Sure, the government isn’t involved, but what good or service is being produced here? What capital is being leveraged? It’s more like somebody is taking a mortgage on a house, only they aren’t really putting up any collateral because the house is usually one that’s already falling apart. It kind of reminds me of some of the idiotic practices that led to the Great Depression. People would buy stock in companies on credit, betting on the belief that it would increase in value and that they could pay off the principal and the interest with the profits from the sale. When it didn’t, somebody else was left holding the bag and it all came crashing down. I’m not a fan of government intervention, but maybe something needs to be done about this. At the very least, any company stupid enough to do this should be barred from federal bailouts by default.
@fulltimemonti
@fulltimemonti 3 жыл бұрын
Talking about Wards beings back memories of another obscure retailer you should cover. I still remember getting my first boombox, a Sanyo, and watching it come down the conveyor belt at....Service Merchandise. Anyone else remember that place?
@GregTheRushFan
@GregTheRushFan 3 жыл бұрын
In 1984 I smoked some weed in their high end stereo room!!
@dbland3
@dbland3 3 жыл бұрын
Sure. Service Merchandise, GEX, Circuit City, FX, Best Products, Comp USA, Toys R Us, Builder's Square , Blockbuster, and the trifecta of mail order - Sears, Wards, and now Penny may fall. I remember them all. All gone now. :-(
@MR_MRM_
@MR_MRM_ 3 жыл бұрын
@@craigjensen6853 A few years before they went out of business, they dropped the conveyor belt and the "catalog showroom" concept. I always hated waiting around for merchandise after waiting in the checkout line to pay for it.
@angryagain3801
@angryagain3801 3 жыл бұрын
I remember the name and can vaguely recall the store but I don't think we had too many of them in St Louis . Their store and something called Best were very similar.
@MickeyMousePark
@MickeyMousePark 3 жыл бұрын
In Settle we had Jafco Co. catalog store.. same idea..Best bought Jafco in 1982 by 1997 they were all gone...
@juliepenguinsmiles3647
@juliepenguinsmiles3647 3 жыл бұрын
I worked at MW in the 70's in Mpls when they were known for their great training in sales and management. They were also known for the quality of their merchandise, both hard and soft goods. Then Mobil came in, bought them out. They knew nothing about retail and MW, instead of getting a shot in the arm, got stripped, and dumped. Lots of managers and sales people saw the writing on the wall and left for greener pastures. Miss my old coworkers from the Blaine/Northtown store.
@Tornado1994
@Tornado1994 3 жыл бұрын
The 70s was truly the last hurrah decade for MW. As a kid during the 80s, I remember them advertising less and less and being mostly an alternative to Sears.
@jessicaseyfried7888
@jessicaseyfried7888 3 жыл бұрын
Wards was a key anchor store in smaller cities. They carried the weirdest selection of things and I remember getting my favorite ski jacket there and if you wanted to buy a new bedspread you had to pick one out of the catalog and wait for it to come in. Ours even had a pretty big hair salon in the back. Weird how fast it went from a big part of family life to just gone. Thanks for 200 episodes, my friend!
@midnightblue345
@midnightblue345 3 жыл бұрын
I think the one in our city even had a cafeteria or restaurant in there somewhere. They had a large electronics selection and my parents bought me my own little TV from there - Admiral brand, which I think may have only been sold by them. I remember going there several times as a kid, but they closed when I was about 10 or 11.
@JeffWatchesYoutube
@JeffWatchesYoutube 3 жыл бұрын
When I was really young I would go with my grandma to Montgomery Ward for her to get her hair done at their salon. All the old ladies in there getting perms and everything else. Now that is a memory I can still smell to this day!
@davidwells5611
@davidwells5611 3 жыл бұрын
@@JeffWatchesKZbin OMG, my mother would go to get those. It is a VERY memorable smell indeed.
@schristy3637
@schristy3637 3 жыл бұрын
Once upon a time.Department Stores had Hair salons and restaurants.
@TheCMLion
@TheCMLion 3 жыл бұрын
It's funny you mention that--They were in a lot of malls in the SF Bay Area, but I don't think they were ever in the BIG malls, just the smaller malls. I always took their reputation below Sears and not as good as Macy's. (Remember when Macy's was really nice? Not anymore...)
@DrinkYourNailPolish
@DrinkYourNailPolish 3 жыл бұрын
It's kinda funny how history goes in cycles. Ppl used to order off of catalogs amd now we order online- basically a hi-tech catalog.
@aaronbirook4367
@aaronbirook4367 3 жыл бұрын
No old companies would never be an Amazon or EBay. The old companies are old dinosaur loser, play it safe types. They were destined to lose. Think Tesla vs GM Ford, etc.
@andrewscasualmtb
@andrewscasualmtb 3 жыл бұрын
@@aaronbirook4367 Tesla will be gone within 5 years.
@Raskolnikov70
@Raskolnikov70 3 жыл бұрын
@leonticonderoga2 It was their sunk costs that killed them though. Amazon could compete because they weren't paying rent and taxes and wages for hundreds of obsolete retail stores. Even the well-run stores couldn't compete with that albatross around their necks.
@aaronbirook4367
@aaronbirook4367 3 жыл бұрын
@@andrewscasualmtb Gone up to $1.5 trillion in value* There I fixed it for you/
@JarrettWilliams99
@JarrettWilliams99 3 жыл бұрын
I would love to order from a catalog, as long as all items are high quality and work right
@timelessmusicfamilymusic9175
@timelessmusicfamilymusic9175 3 жыл бұрын
While every department store decline me a credit card, Montgomery Ward did not, this is when I was young with no credit history. I bought most of my clothes there.
@songsan807
@songsan807 2 жыл бұрын
There used to be a Montgomery Ward near my parent's chinese restaurant. I would do my daily walk over there and around the store to check out what they have on sale. Got a couple of Packard Bell computers from them. Lots of bad management mistakes which killed the business. And those same managers then went on to other companies and those companies are now gone.
@JackGordon
@JackGordon 3 жыл бұрын
“Montgomery ward send me a bathtub and a cross cut saw!”
@flamewave64
@flamewave64 3 жыл бұрын
i dont get it
@pghrpg4065
@pghrpg4065 3 жыл бұрын
Living in the east, we didn't have Wells Fargo banks here when I was younger. The first few times I went out west, every time we'd pass a Well Fargo Bank I'd sing the beginning of the song. My friends thought I was nuts, although they should have already known that.
@bradandrews7823
@bradandrews7823 3 жыл бұрын
It's a line from the song "The Wells Fargo Wagon" which is from the Broadway musical hit and subsequent movie "The Music Man" by Meredith Willson.
@weshumphrey6299
@weshumphrey6299 3 жыл бұрын
When I was a kid, I remember being taken to Montgomery Ward and Sears Roebuck for school clothes. Those olden days.
@Raskolnikov70
@Raskolnikov70 3 жыл бұрын
Oh, Toughskins. How I remember your plaid, scratchy horribleness on school picture day.....
@beng1642
@beng1642 3 жыл бұрын
Saaaaaame.
@s.n.9485
@s.n.9485 3 жыл бұрын
Same here
@jernigan007
@jernigan007 3 жыл бұрын
1974 kid
@Jasona1976
@Jasona1976 3 жыл бұрын
I still own a dining room set I bought at Wards in the late 80s....
@barryflick54
@barryflick54 3 жыл бұрын
I've got a wards wood stove that still heats my house
@crskirk
@crskirk 3 жыл бұрын
My mom bought almost everything from the Wards or Sears catalog. Our small town only had a Wards catalog store, where you could place orders and pick items up when your order came in. Lots of memories of that little store. Thanks for doing this video.
@bradkrekelberg8624
@bradkrekelberg8624 3 жыл бұрын
My dad worked in the "Electric Avenue" section at Wards for years in the '90s. I remember going into there and sensing a sort of desperation, much like at Sears in recent years. The clothing section was pitiful, and I remember they just kept cutting back on what they offered. They used to have tools, yard equipment, a garden center... all that stuff was gone. It was sad.
@R32R38
@R32R38 3 жыл бұрын
One correction, or clarification, it wasn't J.P. Morgan the person who got Montgomery Wards to hire Sewell Avery during the Great Depression, but J.P. Morgan & Company. Morgan himself had died in 1913.
@companyman114
@companyman114 3 жыл бұрын
Very good distinction.
@martiniangoldberg
@martiniangoldberg 3 жыл бұрын
@@companyman114 Great video! Please put together a video about Unity Buying Service, headquartered in Hicksville, NY. Many years ago I used to pick up merchandise from the company's warehouse in Camarillo, CA. TY
@Tornado1994
@Tornado1994 2 жыл бұрын
Ironically, Morgan had a 1st Class Ticket on the RMS Titanic. No Joke.
@KennethBaker53
@KennethBaker53 3 жыл бұрын
My mom was a manager at one of Ward's catalog stores in the 70s. All of my school clothes and most of the appliances in our home came from Wards. Thanks for the history of the company. and the look at their decline. I had no idea that they were the originators of the catalog business model fifteen years before Sears did it. Now Sears is gone too. It won't be long, and the last of the "big 3" from my childhood will be gone too: JC. Penney.
@sketchstuffs
@sketchstuffs 3 жыл бұрын
My dad worked there for a while back in the early 90's as an electronics salesman. He was great at selling product, but hated the companies stance on the warranties pushed on customers. By the time he quit, they were pushing all of their employees hard to sell extended warranties on everything. To the point where people were fired for not selling warranties no matter how much product they sold. I miss eyeing all of the cool gadgets and things back then when I got to go with him, I might've been around 11 or 12 at the time.
@kevinmccauley5936
@kevinmccauley5936 3 жыл бұрын
I worked there in the 90's. They were all over us to sell those useless warranties. The "Smart Plan". They cost as much ass the items we sold. They also were pocketing our commissions. There was a class action lawsuit. I was no longer workin there and got a check for $90 and some gift certificates. A guy I worked with refused to go along with it and tried to sue them himself. They declared bankruptcy so he got nothing and had to pay his lawyer. At least I got something
@lightningblue648
@lightningblue648 2 жыл бұрын
This sounds exactly like Sears. I loved working there and selling electronics and appliances. I absolutely hated the warranties, errrr “Maintenance Agreements”. I think the worst part was the way management would openly say it didn’t how much we sold (keep in mind no base pay only commission vs draw) as long as we sold the agreements. They were like brainwashed in this.
@therobotdevil2284
@therobotdevil2284 3 жыл бұрын
"that reindeer went down in history." oh company man.
@AfterDark00001
@AfterDark00001 3 жыл бұрын
Does anyone remember Hastings?
@deana6072
@deana6072 3 жыл бұрын
😂
@archer1949
@archer1949 3 жыл бұрын
General Kenobi I lived right across the streets from a Hastings. Spent a lot of time there.
@AfterDark00001
@AfterDark00001 3 жыл бұрын
@@archer1949 I loved Hastings I really miss it they had chocolate flies from harry potter and that is were I got a lot of my games and movies from. I'm sad they closed.
@AfterDark00001
@AfterDark00001 3 жыл бұрын
@AIDSforBreakfast I don't know what you mean.
@LohTec
@LohTec 3 жыл бұрын
I feel like, at best, they could have been Sears. Isn't saying much nowadays.
@jst7714
@jst7714 3 жыл бұрын
It would have been interesting if Sears would have done much better if they weren't bought out by Kmart
@Raskolnikov70
@Raskolnikov70 3 жыл бұрын
Sears was huge back in their day. They made mistakes for sure, but the headwinds of technological change were always against them. If they didn't have such a huge sunk-cost problem with their obsolete retail stores they could have become Amazon by putting the focus back on their mail-order business.
@flybyairplane3528
@flybyairplane3528 3 жыл бұрын
@@Raskolnikov70 hello, I had a SEARS card from 1963, I LIVED CATALOG, I recently saw the store in WATCHUNG NJ levelled, you name it , If I needed it I bought it , I wrote them a letter @headquarters way back,,told them SEARS WOULD DIE, as YOU SHOR YOURSELF IN YOUR CHEST, when you killed catalog , the NEVER even commented, so about 2 years ago they closed the LIVINGSTON MALL STORE ! What a shame , btw. They sold their credit to CITY CORP, they cancelled my card for LACK OF USE few years ago , cheers 🇺🇸🇺🇸🇺🇸🇺🇸
@Raskolnikov70
@Raskolnikov70 3 жыл бұрын
@@flybyairplane3528 That brings back some memories. When I was a little kid we used to go to the malls up in Patterson or Wayne. That's how I always remembered that area, for it's shopping malls. But yeah, they could have focused on improving their catalog departments, updating them to the 21st century when the internet became a thing, but they were too focused on holding onto what they had instead of looking forward. I miss shopping in person too, but that's "progress" I guess.....
@christiangonzales7429
@christiangonzales7429 3 жыл бұрын
Sometime in the mid-90s, Wards and Sears were considering a merger where Sears would have been the surviving company if said merger took place. Look it up.
@billmarkelz
@billmarkelz 3 жыл бұрын
I have life changing memories of this stores. Was working at M Wards store in Redding, Ca in the mid 1970s and heard about a Wards store in Anchorage,AK. I always wanted to live in Alaska, so I asked the Redding store manager if he thought there would be any job openings in Anchorage. “Let’s find out” and he picked up the phone right then and called the Anchorage store! A few months later I was fixing boat motors at Wards Marina in Anchorage AK. Yes Montgomery Wards had a marine store that sold boats, snowmobiles and other boy toys! The only Wards store to do this.
@scott2455ify
@scott2455ify 2 жыл бұрын
I worked at the Redding store in the mid 90's! Was an interesting place for sure
@albtckl
@albtckl Жыл бұрын
I'm a middle aged woman and I love all those things so they are not just boy toys!
@deathuponusalll
@deathuponusalll 8 ай бұрын
Wow that’s an awesome story! I would’ve been thrilled if that was me too 🙂 that’s for sharing your story
@saturnfire
@saturnfire 3 жыл бұрын
I remember my dad got a job at Montgomery Ward when the oil industry crashed. Even though the job was only during the Christmas season, it was enough to get through some tough times.
@JLE8811
@JLE8811 9 ай бұрын
Wow, the exact same things happened to me but it was Dillard's to the rescue for me.
@missingnoo
@missingnoo 3 жыл бұрын
One of my few memories about Wards is my mom buying me a Nintendo 64 for Christmas and on a separate occasion, finding $100 on the floor.
@vetealv2174
@vetealv2174 Жыл бұрын
That's how you knowit was an affluent store 😁
@royperry2859
@royperry2859 3 жыл бұрын
As a lark I applied for a part-time job at Montgomery Wards in his closing days. Work there part-time for almost 2 years. It was a good store to work at I learned a lot. I but it was apparent that it was on the way down. I remember the Furby craze and how I had to work the electronics department during that Christmas season.
@ChinchillaDave
@ChinchillaDave 3 жыл бұрын
I worked the Wii craze at a Gamestop in a mall. It was a nightmare.
@jasonpowell396
@jasonpowell396 3 жыл бұрын
I work in small electronics it was my first job ever ..out of high school while going to college..and yes i have alot of crazy customer stories and yes the furby craze was one story...yes my friend that I met that is 10 yrs my senior worked there part time at the same time while doing sub teaching and yes he saw how it was all down hill..I remember the day that I found out we were closing for good I was off and saw it on the news and called up and my hr lady manager who is always cheery didn't believe me and I talked to our store manager and he said yes and he had a phone meeting with the other g ms ..etc
@glennhendrickson7993
@glennhendrickson7993 3 жыл бұрын
I worked for them when i was fresh out of high school
@Raskolnikov70
@Raskolnikov70 3 жыл бұрын
That must have been the most annoying job ever. I'll bet you still have flashbacks from all the noise.
@ChinchillaDave
@ChinchillaDave 3 жыл бұрын
@@Raskolnikov70 Razumikhin says hello.
@samscharp3367
@samscharp3367 3 жыл бұрын
I loved Montgomery Wards and they were my 1st credit card. When I was 18 and becoming an adult living on my own, I looked forward to the Wards ad every Sunday so I could see what furniture and electronics I could get for my 1st apartment. Bought my 1st T.v., coffee table, bed frame and some giant 15" floor speakers for my living room from Wards. I still have a VCR I bought there in the late 90's. Ohhh the memories.
@teng029
@teng029 3 жыл бұрын
Montgomery Wards, Mervyn's, Crown Books, Toys R Us, Cal Stores, and Mann Theaters. These were the stores that made up a strip mall in Oceanside, Ca that I used to frequent in the 90s. Unfortunately, they're all gone now, but I remember spending quite a bit of time in each of those stores back in the day. The first apartment I ever lived in when I moved to the US was outfitted with furniture from Montgomery Wards and The first VHS player I ever bought also came from that store.
@deathuponusalll
@deathuponusalll 8 ай бұрын
Oh mannn mervyns!! I remember that store too! And last time I heard it being mentioned was in that old movie from South Park
@6z0
@6z0 3 жыл бұрын
That intro music never fails to get me lit
@pcm1011
@pcm1011 3 жыл бұрын
The outro does it for me
@bassage13
@bassage13 3 жыл бұрын
It's a copyright free song anyone can use. I've heard it on several other youtube channels.
@TimmyTickle
@TimmyTickle 3 жыл бұрын
I prefer the background music used in most of the videos
@matthewroberts3125
@matthewroberts3125 3 жыл бұрын
Montgomery Ward: A Rudolph the Red Nose Reindeer Story
@zzizahacallar
@zzizahacallar 3 жыл бұрын
Very sad but I learned something new.
@joseesparza5616
@joseesparza5616 3 жыл бұрын
In my small home town back in 60s, I remember the catalog store where they had some merchandise on display but we purchased mostly from the catalog. There was also a Sears store in a town of 4 thousand in the area. Fond memories of looking through the Christmas catalog.
@donvedio
@donvedio 3 жыл бұрын
My father worked at Montgomery headquarters in Chicago on the river for almost 50 years. I worked my first summer job there in 1964 filling office supply orders for stores around the country. My Dad saw the end coming before he retired. The stores were great in the 60,70, and 80's. Lot's of childhood memories for me.
@cadowyn735
@cadowyn735 2 ай бұрын
What did your dad say about the decline coming? What things did he notice, or what did he tell you? Rather curious. It's wild that he worked there for nearly 50 years. Doesn't really happen any more.
@donvedio
@donvedio 2 ай бұрын
@@cadowyn735 Dad never talked all that much about work, but he did see the end was coming for the company. Never said anything specific. He never went to college and started at Wards shoveling coal into the boilers in Kansas City Store. Met my Mother there who was working as a clerk in the same store. They married and remained so until their deaths in 2013 at ages 97 and 95. Were married for 76 years. He returned to Wards after serving in the Army in WWII. He continued to be promoted and became the building maintenance manager for the Chicago Complex on the river. All 7 buildings. He continued up the ladder but I forget his various job titles. People just are not loyal to a company as his was to Wards, afraid those days are gone forever. Still hard to believe he did so well with only a high school diploma. That would never happen today. Miss them both every day......
@matthewcowan9324
@matthewcowan9324 3 жыл бұрын
I worked there in high school. Talking to high school kids 20 years later, I mentioned Montgomery Ward, they said “Is that a bank or something?”
@caliperspective
@caliperspective 3 жыл бұрын
My grandmother worked at Montgomery Ward long enough to retire from there. She was offered a lump sum or continuous payment. She was paid right up until they went bankrupt.
@HwoarangtheBoomerang
@HwoarangtheBoomerang 3 жыл бұрын
@@caliperspective And then what did she do?
@caliperspective
@caliperspective 3 жыл бұрын
@@HwoarangtheBoomerang By then both of my grandparents were long retired with house and cars paid off. They had plenty of income from my grandfather’s retirement and the hobby farm (avocados and macadamia nuts) they were fine without her retirement income.
@natalie9527
@natalie9527 3 жыл бұрын
It's so interesting as a '97 baby to hear about the promising successful days of old companies that have struggled to remain relevant in my lifetime. Kmart, Sears, Radio Shack, Toys R Us... When I think of these companies I don't think of glory days, just inevitable downfalls and huge clearance sales.
@ChevyCamaroIsBetter
@ChevyCamaroIsBetter 3 жыл бұрын
Kmart and Sears were still relevant into the 2000's, especially in NY. After 2010 it really did go down hill. Also toys r us was doing pretty good too.
@Raskolnikov70
@Raskolnikov70 3 жыл бұрын
Those businesses didn't really start dying off until after the 2008-9 economic crisis. Competing with internet-based businesses while still having to pay for hundreds of retail stores, combined with an economic downturn and the rise of smartphone comparison shopping, there was no way they were ever going to survive.
@jessicah3450
@jessicah3450 Жыл бұрын
Now there's Amazon, Walmart, and Target. I can't wait for those companies to die, nothing to be nostalgic about with them. They've helped gut the middle class.
@aod420247
@aod420247 2 күн бұрын
I was born in 83. I remember going to wards a lot as a kid. They had a pretty decent electronics section pre 90s.
@mattfahey7250
@mattfahey7250 2 жыл бұрын
I grew up in the seventies and remember Wards well. I think the grandest store I remember was the one they opened in Sacramento across from the Sunrise mall. They seemed to have missed getting into the mall, where Sears had opened an equally grand store. But lucky for Wards, a new center opened across the street. For a Wards, it was a spectacular store, more like a Bloomingdale's or Macy's than what you think of with Sears, Penny's or other Wards stores. In my memory, that seemed the hight for both Wards and Sears. It was the late 70's/ early 80's and if either one of them were in trouble, it sure didn't show, they had stores everywhere, and their catalogs were ridiculously huge. I miss them actually. The stores were a lot classier than the likes of Kmart, Walmart, or Target.
@brianwolters7560
@brianwolters7560 9 ай бұрын
I was a Group Merchandiser Manager for Electric Avenue at a MW location from 94 to 97...I had trained at a NEW store in 94 so I felt they were becoming a major company. But between company polices with really good management and bad focus on small stores, I left in 97 to eventually become an IT Director for a small business but I am so thankful for my experience there...I am thankful they gave a 24 year old to handle a huge department (Electric Avenue)...Montgomery Ward still influences me to this day...I wish, beyond a web sate, they were still around.
@carcarmarly9724
@carcarmarly9724 3 жыл бұрын
My parents loved Montgomery Ward, the 2 we always went to were stand alone stores, and I’ve never seen one inside of a shopping mall 😱 I got a nice mountain bike, Betty Boop shirt,, knock off converse shoes,and the movie Mrs.Doubtfire on VHS there in the mid 90’s...oh the memories 💜
@bassage13
@bassage13 3 жыл бұрын
Weird. They were only in malls where I lived. Never saw a stand alone MW.
@carcarmarly9724
@carcarmarly9724 3 жыл бұрын
@@bassage13 yeah and they were giant sized stores, I remember the older one was multi levels...this was the Detroit MI area
@davinp
@davinp 3 жыл бұрын
When Montgomery Ward went bankruptcy, it was the largest department store bankruptcy in American history
@lifewithjosef
@lifewithjosef 3 жыл бұрын
The store at 1:11 was in Oakland. It was built in 1923, and was on the National Register of Historic Places. That didn't prevent the demolition of the building.
@CraneStyleNJ
@CraneStyleNJ 3 жыл бұрын
Basically they were complacent and didnt feel they need to adapt to the ever changing market or its competitors. A DOA for any company. Also they should of capitalized on creating Rudolph and made more rememberable Christmas characters and more cartoons. They could of ruled the Christmas marketing game.
@grandinosour
@grandinosour 3 жыл бұрын
When i was a kid, i used to spend hours dreaming while looking through the wards and sears catalogues. More than once, my mother caught me studying the womens underwear pages a little too deeply.
@Hillers62
@Hillers62 3 жыл бұрын
Didn't we all do that? hehehe...
@user-cv8qe9ru8c
@user-cv8qe9ru8c 3 жыл бұрын
Life before the internet was hell.
@digitalfootballer9032
@digitalfootballer9032 3 жыл бұрын
The lingerie section of the Penney's catalogue got me through puberty, 😂
@BlueEngland
@BlueEngland 3 жыл бұрын
creep
@GregTheRushFan
@GregTheRushFan 3 жыл бұрын
Under my bed was the accepted storage location of the Wards, Sears & J.C. Penney catalogs.. It was a running joke in our household
@ThatGeekyMaker
@ThatGeekyMaker 3 жыл бұрын
Jay Leno on The Tonight Show the last time Wards filed for Bankruptcy: "Well Montgomery Ward filed for bankruptcy today. Raise your hands, who here didn't even know Montgomery Ward was still in business." LOL.
@sebastianabsolution655
@sebastianabsolution655 3 жыл бұрын
they were in every mall when i was growing up in sac cali. wild times.🤪🤪🤪
@bloqk16
@bloqk16 3 жыл бұрын
@That Geeky Maker . . . Say! You have a better recall memory than I do about Leno's monologue about that. Funny thing is I was visiting Las Vegas in 2000 when I was surprised to see a MW store, as I thought they had been out of business for years.
@rogerholloway8498
@rogerholloway8498 3 жыл бұрын
I remember buying the first couch we owned from (As mom called them) "Monkey" Wards. It lasted well considering the decades it was used daily. I'm using my Wards rotary saw (Skill Saw) I bought in the early 70's. It runs perfectly still, I changed brushes on the motor one time. I actually preferred products over Sears for many of their products.
@deathuponusalll
@deathuponusalll 8 ай бұрын
Wow nice! How we’re their other tools? I mostly have old Sears tools that were made to last! Decades old but still good including a saw like your but from wards I only have one of those old freezer chests still going strong 💪🏽 they knew how to make quality stuff unlike now most stores
@Zobeid
@Zobeid 3 жыл бұрын
In my little town, when I was growing up in the 1970s and 80s, we had both Sears and Wards catalog stores, and they competed on a more-or-less even basis. I'll never forget when I shopped for my first "serious" computer in 1982. The new Atari (!) model that I wanted was in short supply, and I ended up getting the computer from Sears and the matching disk drive from Wards.
@SSDDR32
@SSDDR32 3 жыл бұрын
I played the Zelda CDI games on display at Montgomery Ward, so thats like a compound level of failure right there
@StewartLucrative
@StewartLucrative 3 жыл бұрын
LMFAO! that's so fitting 😝
@PissPotPatty
@PissPotPatty 3 жыл бұрын
Nice of Montgomery Ward to invite us over to play CDI games, eh Luigi?
@Marinealver
@Marinealver 3 жыл бұрын
Excuse Me Princesses
@TheRodersAbides
@TheRodersAbides 3 жыл бұрын
"Get in the car, we're going to Monkey Wards kid!" - Every dad in the 1980's
@TheMahtek
@TheMahtek 3 жыл бұрын
OMG! I can still hear my Dad saying that!
@glorifiedng
@glorifiedng 3 жыл бұрын
@@TheMahtek SAME HERE!!
@rsaenz0423
@rsaenz0423 3 жыл бұрын
😂😂 I thought my dad was the only one.
@davidvoss390
@davidvoss390 3 жыл бұрын
Not my Father..... That was my Mother !!! 😂
@glorifiedng
@glorifiedng 3 жыл бұрын
I read in my reproduction Sears catalog that some of those names were started in spite from mom and pop stores in the local town that they hurt the business of. They would hold contests of who could bring in the most Sears and Montgomery ward Catalogs, and then once collected would hold a bonfire of them. They would call those offending companies "Shears & Sawbucks" and "Monkey Wards" as derogatory terms. Because they were the threat to them similar to how Amazon is to brick and mortar stores are today.
@Oddman1980
@Oddman1980 3 жыл бұрын
My parents had a Montgomery-Ward branded washer and dryer set when I was a kid. Much like the Sears/Kenmore appliances, they were made by another company like maytag or whirlpool, and branded with MW... the washer stopped working sometime in the early 1990's, and the dryer was repaired, rebuilt, and repaired again until the mid 2000's.
@jerrysims7900
@jerrysims7900 3 жыл бұрын
My family shopped Wards for years. That was in the 60's and 70'S
@gregerfulgerman7802
@gregerfulgerman7802 3 жыл бұрын
If I had a dollar for every time I heard “leverage buyout” on this channel...
@markyocum8249
@markyocum8249 3 жыл бұрын
...you'd have enough cash to leverage your own buyout, at the very least 🤷‍♂️
@scottnotpilgrim
@scottnotpilgrim 3 жыл бұрын
I remember my aunt shopping here as a kid, it didn't strike me as something different back then honestly. And happy 200th video!
@butterflyeyes399
@butterflyeyes399 3 жыл бұрын
I grew up going to Montgomery Ward. It was like Sears.
@RedPillDosage
@RedPillDosage 3 жыл бұрын
The couches I took off my mom when she bought new ones are sitting in my living room right now from Montgomery Wards. It was only the 2 of us growing up so they still felt new.
@tamcar04
@tamcar04 3 жыл бұрын
I'm an 80's baby so I DEFINITELY remember Montgomery Wards, and have been several times. This video IS DEPRESSING! I still remember that jingle they used to play at the end of all their commericals
@ckfinke7625
@ckfinke7625 3 жыл бұрын
Not depressing now, just go to wards.com.
@nyanpirethecat2257
@nyanpirethecat2257 3 жыл бұрын
I remember Montgomery Ward (where Rudolph originated from) made their own animated adaptation of "Rudolph The Red-Nosed Reindeer" titled "Rudolph's Lessons For Life" that was only sold at their stores during the Christmas Season of 1996 and the later part of the 90s. Since it's closure, the VHS tapes are very difficult to find.
@sgerto
@sgerto 3 жыл бұрын
Montgomery Ward ACTUALLY CREATED Rudolph the Red Nosed Reindeer
@nyanpirethecat2257
@nyanpirethecat2257 3 жыл бұрын
@@sgerto I know, that's why I brought up the 1996 adaptation by them.
@sickleds
@sickleds 3 жыл бұрын
is it lost media? or just rare :0c?
@nyanpirethecat2257
@nyanpirethecat2257 3 жыл бұрын
@@sickleds Not lost, but very rare.
@KasumiKenshirou
@KasumiKenshirou 2 жыл бұрын
Wow, my younger brother got that VHS from my grandma. I didn't know it had anything to do with MW, though, since they didn't have any stores near where we lived. My grandma must've ordered it through their catalog.
@m-71tx26
@m-71tx26 3 жыл бұрын
The Montgomery Ward I remember was at Wynnewood Village Shopping Center in Dallas, Texas back in the 1980s. My mother and father sometimes shopped there. It turned out that the retailer was already in decline and when I later tried to get a job there, it was actually nearing the end of its life. The building that once held Montgomery Ward has long since been demolished and new retail space has replaced it.
@joshfreeman7081
@joshfreeman7081 3 жыл бұрын
I basically grew up in this store. Remember the “Bike” brand? Lol. I loved Electronic Ave 😎
@thillman85
@thillman85 3 жыл бұрын
Yes! My cousin pronounced it Bike-ee, like Nike.
@joshfreeman7081
@joshfreeman7081 3 жыл бұрын
@@thillman85 lol
@boostedmaniac
@boostedmaniac 3 жыл бұрын
I remember electronic ave.
@honolulublues5548
@honolulublues5548 3 жыл бұрын
Ah, Electric Avenue named for the song of the same name. Different meaning, though.
@MrAsmith1583
@MrAsmith1583 3 жыл бұрын
I remember buying cassette singles at Electric Ave.
@danielmarcus420
@danielmarcus420 3 жыл бұрын
My mom used to work at a Montgomery Ward in the 70's. I got vauge memories of shopping there a few times as a kid in the early 90's. Glad I got to see one.
@townfool4682
@townfool4682 3 жыл бұрын
Then how the reindeer loved him As they shouted out with glee “Rudolph the Red-Nosed Reindeer, You’ve immortalized this company”
@Zach-nl3kn
@Zach-nl3kn 3 жыл бұрын
I just want to say Thank you Company man! Your videos are always a welcome break from all the toxicity in the world today.
@Pixie_s_mom
@Pixie_s_mom 3 жыл бұрын
My dad managed the hardware department at the local Wards in the 1940s - 1950s. He met my mom when she went to work there. Certainly a special place to me 🙂
@vetealv2174
@vetealv2174 Жыл бұрын
Of course, if it wasn't for them, you wouldn't be here 🙂
@whereismyxanax
@whereismyxanax Жыл бұрын
You were convinced in isle 5
@sincityquinn
@sincityquinn 3 жыл бұрын
Montgomery Ward. Most of these young kids won’t even know what this store was. I use to go here all the time with my dad. Loved wards.
@Almighty_Mage
@Almighty_Mage 3 жыл бұрын
Same
@Tuhueleamierda1991
@Tuhueleamierda1991 3 жыл бұрын
Idk what is is :(
@Tes0830
@Tes0830 3 жыл бұрын
Never heard f them
@keturah7749
@keturah7749 3 жыл бұрын
I only heard about it bc of my dad
@skatedark49
@skatedark49 3 жыл бұрын
My mom worked there. I would go all the time miss it
@ChinchillaDave
@ChinchillaDave 3 жыл бұрын
I grew up going to Monkey Wards and Sears interchangeably. Virginia Beach, VA must've been one of the holdouts all those years. Their furniture section was fun to laze about in with my GameBoy while my parents shopped. I remember an overwhelming amount of grey in that building and that smell old people have.
@randombarbarian5637
@randombarbarian5637 3 жыл бұрын
I grew up in VB too.. you went to the one at Lynnhave Mall or Janaf Shopping Center? I remember when the Super Nintendo came out and everyone was lined up at the display in Janaf to play it!.. those were the days
@MaddRamm
@MaddRamm 3 жыл бұрын
I remember shopping at Wars too, but the one in Hampton at the old Coliseum Mall. We could always find great stuff there. But in the final years, it was old and dank like you mentioned. It wasn’t getting renovated and then the selection of stuff started to taper off and we started going to Sears more in the early 90s.
@phoenixrebirth44
@phoenixrebirth44 3 жыл бұрын
Once they finally did get rid of the catalog it became the nail in the coffin. If they didn't have it in stock, they would order it for you from the catalog database. Plus they did appliance repair. I remember going with my grandparents there all the time.
@richarddavis5542
@richarddavis5542 3 жыл бұрын
My Mother worked at one during the mid 60's. She used to get great deals on scratch and dent items. In the late 70's they would give out credit cards to people with very little credit history, like me. I bought a Cannon AE1 (which I still own), a TV, VCR, and a lawn mower. The TV was made by Sharp, the VCR was a Panasonic. The mower had a Briggs engine on it. All the stuff lasted a long time, until it became obsolete. They had quality products at great prices.
@stevenjeanson8889
@stevenjeanson8889 3 жыл бұрын
When I was growing up My mother only carried two credit accounts . Montgomery Ward and Sears . Sears was used mainly for appliances and my dad would buy tools there. Anything else was Wards. From school clothes to car batteries and tires and electronics. I remember our first VCR was from Wards and then my first VCR when I moved out the house. She even took me there to buy an engagement ring for my bride-to-be. She felt Wards had a better selection and better prices and better customer service. She always felt Sears customer service was kind of stuffy. Your video brought back some great memories of my childhood. Do miss going to Montgomery Ward.
@scottlemiere2024
@scottlemiere2024 3 жыл бұрын
I went back in the 80's, the place smelled like a thrift store and was packed to the rafters with stuff nobody wanted.
@HwoarangtheBoomerang
@HwoarangtheBoomerang 3 жыл бұрын
:(
@ronscurti1269
@ronscurti1269 3 жыл бұрын
BACK IN THE 80S, MY MONTGOMERY WARDS HAD A DRIVING SCHOOL, AND THATS HOW I GOT MY DRIVERS LICENCE
@christiangonzales7429
@christiangonzales7429 3 жыл бұрын
Some Sears locations that are open still have driving schools too.
@christiangonzales7429
@christiangonzales7429 3 жыл бұрын
@matt fahringer it is. I find it weird also but Sears and Wards did that back in the day. Think that's weird? The Wards I went to growing up had a barber shop in it!
@kenmore01
@kenmore01 3 жыл бұрын
Now that they are out of business, that certificate is null and void. You must surrender your license now.
@ronscurti1269
@ronscurti1269 3 жыл бұрын
@@kenmore01 THATS FUNNY THAT YOU SAID THAT CAUSE AT THE MOMENT I AM UNDER A STATE SUSPENDION FOR HAVING TO MANY POINTS ON MY LICENCE. STILL DRIVE THOUGH. LOL
@kenmore01
@kenmore01 3 жыл бұрын
@@ronscurti1269 I was joking of course bro! I hope things work out for you! Not funny under the circumstances, but I do wish you well!
@katniptime4me
@katniptime4me 3 жыл бұрын
I remember shopping there in the 60.s, 70's & early 80's. I was sad to see them close, but got an excellent deal in their final sale...gorgeous, solid wood china hutch (it's massive!!). Original price was $2100.00 us. My sale price was $325, including tax. Still have it and will bequeath it to my heirs, who have already said they will fight over it. I'll decide who gets it. Whichever one has been the nicest to me. lol
@BattlecryGWJ
@BattlecryGWJ 3 жыл бұрын
My mom worked in the office of our local Montgomery Ward for a few years. I don't remember much of her time working there other than once a year they made all the employees basically work an overnight shift to inventory the store and my mom hated that. After I got my first computer, my first computer desk came from Montgomery Ward in '94 which I'm pretty sure my best friend still has and used as his work desk through the pandemic.
@dug117
@dug117 3 жыл бұрын
I’m 52 so the stores were around in my day. They always seemed like a low end Sears or JC Penney. They were my first store credit card but I didn’t use it much.
@SWLinPHX
@SWLinPHX 3 жыл бұрын
Same here on all accounts.
@SWLinPHX
@SWLinPHX 3 жыл бұрын
I still have my old Montgomery Ward department store card. You’re assuming all of us are too young to know. Granted I was very young adults when they went bankrupt but I remember that from my childhood and I did buy some good stuff there. They, along with JCPenney and Sears, were one of the biggest department stores ever.
@joshbakaitus
@joshbakaitus 3 жыл бұрын
I grew up in the 90’s and have fond memories of Montgomery Ward, Charleroi, PA location. In our town it was the place to go still even at that time. I remember always being excited by their electronics section, stereos and stuff. Also remember my grandma buying jewelry and my Wrangler jeans there. Never knew that connection to Rudolph, which is interesting to me as I 100% got a free copy of that book from the store in probably 1994 or so. I enjoyed the episode, thanks.
@beatle2064
@beatle2064 3 жыл бұрын
I used to go to Montgomery Ward all the times in the 80s. I used to get my NES games there. My dad worked for Camelot Music at Parkway Center Mall in Huntsville AL. Camelot was right down the hall from Montgomery Ward. I remember getting my copy of Metroid there.
@jasonthomas1628
@jasonthomas1628 3 жыл бұрын
I remember going to Ward's as a kid in the early 90's.
@thillman85
@thillman85 3 жыл бұрын
There was a Montgomery Ward at my local mall until the early 2000s, around the time I graduated from high school. I would describe it as a smaller Sears. It’s floor space was 50/50 “soft” goods (clothes, bedding, etc.) and “hard” goods (tools, major appliances, etc.) It was a working class store, for sure.
@jdmrc93
@jdmrc93 3 жыл бұрын
I’m 27. And I’ve been to a Montgomery Ward. As a kid, I used to shop there with my mom in Southgate, Michigan (right next to a Service Merchandise, too!). It’s torn down now, but I remember it being run down and it was definitely not my favorite place to shop. They sold the uniform brand that I needed for school at the time. I’ve always been a fan of nostalgic brands, but Ward’s is one I never really missed. Now Hudson’s... I miss Hudson’s.
@dennisdaily5463
@dennisdaily5463 Жыл бұрын
My dad managed the Plumbing-and-Heating Department at the local Wards store most of his life. I spent thousands of hours in the store as a kid. Our house was full of Wards' stuff ... we were a Wards family. When he had to retire, because of health reasons, he mourned the fact that he wanted to be back in that dusty basement, meeting people and selling the brand he loved so much. Montgomery Ward was an important part of my life. I am sure others feel that way. The paint, the tires, the furnaces, the air conditioners, the lawn mowers the clothing, the shoes .... wow. What great memories. Sad today's generation never had the chance to shop there. Dennis
@Falconx84
@Falconx84 3 жыл бұрын
This was one I suggested - Thanks! The closest one to use was about 45 min away, it felt like a big trip as a kid. I thought it was awesome that you could buy clothes, guns, lawn mowers, appliances, etc under one roof
@OasisMusicOfficial
@OasisMusicOfficial 3 жыл бұрын
Coming soon: "The rise, fall... and rise again of GameStop"
@bassage13
@bassage13 3 жыл бұрын
And instant fall again.
@claireconover
@claireconover 3 жыл бұрын
I’m not sure that counts as a “rise again”... the business itself never changed.
@HwoarangtheBoomerang
@HwoarangtheBoomerang 3 жыл бұрын
@Заработок от 3000 в день ...yes...?
@edwardgiver
@edwardgiver 3 жыл бұрын
Just because the stock price is up, doesn't mean the company sees any of that money.
@joegahan7055
@joegahan7055 3 жыл бұрын
HAHAHAHAHAHAHAHA
@ronaldmorris3197
@ronaldmorris3197 3 жыл бұрын
I remember Wards back in the 70' & 80's as the go-to store for good quality, name-brand tools. As a beginning instrument maker, I was required to buy a bunch of precision tools for my apprenticeship, and Wards had them all ar great prices (and easy to get credit)!
@deathuponusalll
@deathuponusalll 8 ай бұрын
Wow interesting, I was too young then but so what kind of tools were in their repertoire? I’m a machinist and I would be pleasantly surprised if there were stores like that I could just walk into now ,most don’t the stuff we order online
@stanginsel
@stanginsel 3 жыл бұрын
Our family shopped at "Monkey Wards" in Austin, Texas from the day it opened in the early '60s until it closed in the late '90s. Around Christmas time in the late '60s I remember my father buying a Texas Instruments Scientific Calculator at Wards, which he used regularly for at least another 20 years. I also recall a beach ball floating on a gust of air generated by the exhaust of one of their canister vacuum cleaners in their appliance department. Neat trick. By sheer happenstance, as an adult, my business was only a short walk from that same Wards for over 17 years and oddly enough, shut down the same year I relocated. Good old Wards. After many years of shopping I was always a satisfied customer. Thanks for the trip down memory lane. Fascinating and informative video!
@TGR33ZY83
@TGR33ZY83 3 жыл бұрын
I used to work at Montgomery Ward in the electronics dept in high school. Legit one of the best jobs I ever had in high school 💯. Shout out to Rudolph as well 🤣😂
@zach_B420
@zach_B420 3 жыл бұрын
I was just talking about MW a few days ago my grandmother still has a whole Living room set form there still
@gSlover4reel
@gSlover4reel 3 жыл бұрын
Good one. I inherited my grandmother's MW bedroom set
@ncironhorse8367
@ncironhorse8367 Жыл бұрын
I worked at Monkey Wards in the late 80's and you could tell it was declining. I remember countless shifts where either wandered the store talking to other associates or just leaning on the counter because there was nobody in the store
@rinwesley3092
@rinwesley3092 3 жыл бұрын
Compromising on quality is how we ended up a nation of braindead consumer addicts, gobbling up cheaply made crap at high end prices.
@GregTheRushFan
@GregTheRushFan 3 жыл бұрын
Sad but oh so true! I try to buck that trend and my neighbor is ALWAYS borrowing my DeWalt tools cause his Harbor Freight crap breaks or just won't do the job
@kuuryotwo5153
@kuuryotwo5153 3 жыл бұрын
@@GregTheRushFan buy cheap, buy twice...some people learn the hard way. Some never learn at all.
@HwoarangtheBoomerang
@HwoarangtheBoomerang 3 жыл бұрын
@@kuuryotwo5153 oooh. I like that!
@markyocum8249
@markyocum8249 3 жыл бұрын
...I believe the saying is, "Buy once, cry once." 👍
@tomservo5347
@tomservo5347 3 жыл бұрын
Amazes me how far quality has gone down within the last 20 years. What's sad are appliances-even the top end ones cause problems after 5 years, and then their 'planned obsolescence' scam kicks in with software updates that they, and only they can provide. So people trash it for a new one. Amazingly they want to punish us consumers for this junk polluting the environment.
@Coyotek4
@Coyotek4 3 жыл бұрын
It's like how I told my wife about the viking who was great at predicting inclement weather: "Rudolph the Red knows rain, dear!"
@silmarian
@silmarian 3 жыл бұрын
"...blah blah leveraged buyout...." The kiss of death.
@AnthonyTV414
@AnthonyTV414 3 жыл бұрын
At the former El Con Mall in Tucson, AZ we had one. in the 1960s, 70s, 80s & majority of the 1990s when it shut down in 1997. After that so did the rest of the Mall. Now there’s a Target at that now shopping center and a Wal-Mart on the other side of the El Con shopping center. Makes me sad because my parents loved that store & my Mom said my Grandma, her Mom, worked at Montgomery Wards somewhere Back in the 1960s and/or 1970s. Great memories that will continue to live on.
@mikehamilton3833
@mikehamilton3833 3 жыл бұрын
Worked for MW 1973-4 in a new store in a new mall in Odessa, Texas. 19 years old and was department managers of dept 75, the paint department. Full blown paint dept, with ladders, air compressors, all the paint supplies. I was the youngest paint department manager in the company at that time. MW had great quality paint products and I enjoyed working for them. Sears Weatherbeater paint was our main competition. Montgomery Ward is gone, Sears is on the way out, JC Penney is struggling, competition is tough. Things change, someday Walmart will disappear too. Amazon will win.
@TristanSamuel
@TristanSamuel 3 жыл бұрын
The all-capital Sears logo still looks weird.
@jst7714
@jst7714 3 жыл бұрын
Honestly a favorite logo of mine 😂
@SuperAmazingNoob
@SuperAmazingNoob 3 жыл бұрын
Buy Sears. Sears 🚀🚀
@njt002
@njt002 3 жыл бұрын
When I was a kid, we'd look through the catalogs of Sears, JC Penney and Montgomery Ward. They all seemed very similar to me.
@randombarbarian5637
@randombarbarian5637 3 жыл бұрын
Yeah I remember them... Wards was also famous for advertising their 'Electric Avenue'. There was a time when if you were buying electronics, like an NES, the choice of store was Wards or Circuit City.. RIP both
@tichdaddy1
@tichdaddy1 3 жыл бұрын
We had a Montgomery Ward in the Regency Square Mall in Jacksonville FL back in the 90’s. Bought some old school electronics there from their electronics department called “Electronic Avenue”, fitting for the time. I remember them using Eddy Grant’s pop tune”Electronic Avenue” as part of their marketing campaign. Great memories! Thanks for posting this!
@elijahwatson8119
@elijahwatson8119 3 жыл бұрын
Fun fact: The Montgomery Ward in my local mall was replaced.... By Kmart in the 80s... Which also failed spectacularly a few decades later.
@randomizedidentifier4959
@randomizedidentifier4959 3 жыл бұрын
I miss Montgomery Ward. The video starting off with the word "quality" is all everyone needs to know how good their items were. You bought quality. You didn't repurchase crap over and over like we do today. I owned a long coat I bought at "Monkey Ward" which served me over 24 years before I finally had to throw it away. It took this long to wear out from the time I bought it, wearing it through military service, my college years, getting married, and having kids. I actually teared up as I put it in the bag. I looked at other long coats to replace it, but they're all crap. Overpriced see through cotton (or worse, synthetic) material. I finally found a nice long pea coat made of wool, but I can't wear it year round like I did my long coat. Quality. Now undervalued over a damn leveraged buyout.
@jessicah3450
@jessicah3450 Жыл бұрын
Stores don't care about the customers anymore. They care about their shareholders. As soon as you understand this as rule #1, everything else makes more sense. We need a revolution.
@jovanweismiller7114
@jovanweismiller7114 3 жыл бұрын
I shopped at Ward's as a kid in the 1950s. My Uncle worked for them when he immigrated from England.I still remember the store in my hometown. It was a wonderland for a kid. They had EVERYTHING! We got both the Wards catalog and the Sears, but the nearest Sears store was a good way away. We called them 'wish books'.
@bigloudnoise
@bigloudnoise 3 жыл бұрын
I don't recall ever stepping foot inside a Montgomery Ward. If I ever was in one, it was so long ago and I was so young that I don't remember it. Honestly, other than a vague awareness of it having existed, I'd long forgotten about Wards. In fact, when I did a video tour of a now-demolished shopping mall many years ago, when I got to the anchor wing where the Wards used to be, I literally could not remember what used to be there. That's how little of an impact Wards had on my life.
@vetealv2174
@vetealv2174 Жыл бұрын
Your probably very young lol 🙂
@nyanpirethecat2257
@nyanpirethecat2257 3 жыл бұрын
One of my favorite Christmas decorations that I still own was a par of Christmas Stockings featuring Rudolph The Red-Nosed Reindeer. I lost two of them, but I only own both. Apparently these dated back to the late 80s and early 90s and didn't use the Rankin/Bass design.
@christiangonzales7429
@christiangonzales7429 3 жыл бұрын
Being that Wards was a non-core asset to GE, they pretty much just milked it for all it was worth and used the stores as cash cows. They overinvested in the chain only for the stores to fail after putting all that money into it. Mobil and GE really weren't the best owners of the company since neither company was never involved in retail.
@davidknox1933
@davidknox1933 3 жыл бұрын
I grew up with Montgomery Wards. I was born in 1968. It was the go to store for Christmas. I remember going to the Dallas Wynnwood Village store for everything from clothes to a new lawn mower. Great memories.
@angryagain3801
@angryagain3801 3 жыл бұрын
Thanks for the Rudolph history lesson. That is great trivia. I can't remember seeing or being in one of their stores after the 80's. It is not a store I can remember shopping in much.
@ryogahibiki8747
@ryogahibiki8747 3 жыл бұрын
I do remember going there in the early 90's, and even then it was pretty dead, much like Sears was when I went there a few years ago.
@restless5996
@restless5996 3 жыл бұрын
Hey I'm young and this is still interesting to me
@DennisS8741
@DennisS8741 2 ай бұрын
My first credit card was from Montgomery Ward. I worked at the corporate headquarters as a contractor during the ‘80’s and ‘90’s. I didn’t work for them at the time, but worked as a training supervisor for people with disabilities that were hired by Wards. There were so many good, long-time, hardworking employees. Then the corporate office started contacting out a lot of work, so I had to look for another job. I ended up working for the company from ‘95 until the closing in 2001. Many good people worked there. Too bad the planning of the management brought Montgomery Ward down.
@tamaradavis3693
@tamaradavis3693 3 жыл бұрын
I remember shopping at Wards when I was growing up, it was one of those things where you almost felt embarrassment if seen there... if Sears could look down on it...then, WOW.
The Decline of Sears...What Happened?
14:09
Company Man
Рет қаралды 1,3 МЛН
The Decline of Woolworth...What Happened?
11:07
Company Man
Рет қаралды 917 М.
Pleased the disabled person! #shorts
00:43
Dimon Markov
Рет қаралды 32 МЛН
Получилось у Миланы?😂
00:13
ХАБИБ
Рет қаралды 6 МЛН
Идеально повторил? Хотите вторую часть?
00:13
⚡️КАН АНДРЕЙ⚡️
Рет қаралды 10 МЛН
It's Not Just Shein: Why Are ALL Your Clothes Worse Now?
19:35
More Perfect Union
Рет қаралды 1,9 МЛН
Why Shopping Malls Refuse to Die
11:00
City Beautiful
Рет қаралды 196 М.
The Decline of Borders...What Happened?
11:21
Company Man
Рет қаралды 396 М.
The Disturbing Reality Of Drive-Thrus
25:05
Kiana Docherty
Рет қаралды 651 М.
How College Broke the Labor Market
28:59
PolyMatter
Рет қаралды 936 М.
The Decline of GameStop...What Happened?
11:51
Company Man
Рет қаралды 1,5 МЛН
Bankrupt - Bed Bath & Beyond
23:11
Bright Sun Films
Рет қаралды 841 М.
The Clever Way to Count Tanks - Numberphile
16:45
Numberphile
Рет қаралды 753 М.
The Rigged Economics of Airlines
28:23
Modern MBA
Рет қаралды 746 М.
The Decline of RadioShack...What Happened?
14:30
Company Man
Рет қаралды 3,3 МЛН
Pleased the disabled person! #shorts
00:43
Dimon Markov
Рет қаралды 32 МЛН