The Dowling Family Tree with over half a million relatives,contains thousands of pictures and over four thousand GeneaStars. We are all related! View on GeneaStar. ToS Cookie Settings. Sign In Sign Up. Message to visitors close The Dowling Family Tree with over half a million relatives,contains thousands of pictures and over four thousand GeneaStars. Paul Menard. The next week at Atlanta, he finished 25th. Menard is 40 years as of He celebrates his birthday on August 21st every yea r.
His birth sign is Leo. The famous car racer stands tall at a height of 5 ft 10 in 1. He attended the University of Wisconsin-Eau Claire, majoring in business. He has two siblings John R. Menard and Molly Menard. Like farm kids everywhere, John learned the value of hard work and frugality.
But he hated the morning chores, fearing they left him smelling like the farm when he got to the local Catholic high school. He developed a habit of dousing himself with cologne, says one insider. That ethic influenced John Jr. While John was still in high school, his father hired a company to build a pole barn, and John got a summer job working with the crew.
He worked days on his fledgling business, nights at a local movie theater. It was and he was just 20 years old. It took until about when … we were able to sell a lot of asphalt shingles and things like that.
John opened Menards Cashway Lumber to serve them, and upon graduation from college in , turned down a job with IBM to build his own company. They were clean cut so they could be sold or made into treated tree rings. Today, the ex-employee adds, Menard heats most of the plus buildings at his nearly acre Eau Clare corporate headquarters by burning scrap pallets. Menard quickly grew Cashway, adding a truss plant, operations for treating lumber, producing countertops, pre-hung doors, boards, steel and nails.
By making some of the products he sold, he kept prices low. In , he incorporated Menards Inc. Like Wal-Mart, John Menard built a retail empire on having the cheapest price. The products he manufactured, including dog houses and picnic tables, accounted for about a quarter of the items sold.
With no middleman to pay, Menard cut 10 percent off the cost of a steel door. Bauman recalls Home Depot selling oriented strand board, a plywood substitute, for much less. There were all kinds of one-time buys. Gloves, candy, coffee. You made more money on that than lumber, where you had to sell 10 two-by-fours to make 50 cents because you competed against the other big boxes. The result was a unique shopping experience. It changes every day. Archibald, who left the company two years ago after a year tenure that included a decade and a half as a top executive.
Tinkering with that mix in February, Menard added milk and groceries at some locations. In the same case, a financial analyst hired by John Menard, examined comparable retail chains and put Menards in the frugal bottom 10 percent for average debt.
Menards built new stores without having to get a bank loan. Like Wal-Mart, notorious for bullying manufacturers, Menards played hardball with suppliers. It became a marketing vehicle for his stores and a way to shakedown suppliers.
If you wanted shelf space at Menards, you were pushed to buy a racing sponsorship. John Menard negotiated a three-year sponsorship contract that was not only a good deal for the company, but allowed his son Paul to advance his career by driving a Petree car. More crushing for Petree, in midseason, John took his millions and his son and joined forces with Dale Earnhardt Inc. His drivers and race cars would greet guests at grand-openings of new stores.
Given the overlap between home improvement customers and racing fans, it was a natural fit, and Menard ended the s with more than 45 stores in five states. John Menard considered Chicago the heart of his territory, and he was determined to dominate in that market.
Without time to start from scratch, Menard converted an assortment of empty retail outlets. Bropst was assigned to the Lombard, Ill.
There were reasons the stores Menard acquired had closed. A ton of staffing problems. Home Depot entered another Menards stronghold, Milwaukee, in Categorized as.
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