Hardware Retailing

MAY 2018

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

Issue link: https://hardwareretailing.epubxp.com/i/971427

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Page 170 of 248

HARDWARE RETAILING | May 2018 158 360 A Snapshot of Menards At the end of 2017, Menards operated 306 stores in 14 states. 45,000+ Store Employees in the U.S. Sources: Menards and Menards.com Menards' first major piece of equipment was a 1946 Chevy truck. Source: Menards.com In 2017, Forbes magazine ranked John Menard the 45th wealthiest person in the U.S. In 1958, John Menard started the company that became Menards to pay for his college education at the University of Wisconsin-Eau Claire. He graduated in 1963. Sources: Menards.com and University of Wisconsin-Eau Claire Alumni Association Sources: NBC Sports and Milwaukee Magazine Menards has sponsored NASCAR teams and drivers, including John Menard's son Paul, since 2001. Menard's involvement in the IndyCar series dates back to 1979, when he bought a car to race in the Indy 500.

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