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Menard's Home Improvement Trails Home Depot
and Lowe’s
Menard’s home improvement stores form a chain that are spread
all over the United States. This privately held chain was
founded in 1962 with its headquarters located in Eau Claire,
Wisconsin. There are at least 205 stores spread in the ten
states of Illinois, Indiana, Iowa, Michigan, Minnesota,
Missouri, Nebraska, North Dakota, Ohio, South Dakota and
Wisconsin. Also, Menard’s home improvement is a company that is
believed to be third largest home center chain in the United
States trailing behind Home Depot and Lowe’s.
A History
The history of Menard’s home improvement stores dates back to
1959 when John Menard, Jr. started to build post-frame building
in order to pay his way through college. Later in that year he
found the need to hire extra crews as well as to purchase more
equipment to stay abreast with growing demand.
In 1962, he purchased land in Eau Claire, Wisconsin to build an
office as well as a shop and thus was founded Menard’s. In late
2006, Menard’s moved into an eleventh state with a store in
Saint Joseph, Missouri, and added two more distribution
centers. Its main competitor is Lowe’s and Home Depot, which
are just ahead of it in terms of sales.
Of late, Menard’s has plans to build a store as well as
separate lumber shed that totals approximately 260,000 square
feet that will be used to build a mega-Menard’s home
improvement center. This new center would be located south of
their present retail store and the separate lumber shed would
be built nearby on the parking lot.
The expansion plans that Menard’s is proposing follows six
years after the competition built their own store nearby. There
has been some extensive research been done on how homeowners in
a few states such as Iowa, Illinois, Minnesota and Wisconsin
rate the Menard’s home improvement. These studies would like to
know how strong the Menard’s home improvement store image is
among consumers, what its ratings are, and what the demographic
breakdowns of Menard’s home improvement shoppers are.
Menard’s home improvement stores are perhaps the largest
surviving regional home center chain and they have survived the
competition, which often had to leave the business. Menard’s
home improvement stores are strong in the Midwest due to their
strength among a variety of different consumers because of
their extensive supplies. It is this strength which gives them
a competitive edge in the home improvement industry.
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