Look inside Menards, the Midwest home-improvement chain owned by Wisconsin’s richest billionaire and beloved by Tim Walz
- Menards home-improvement stores earned John Menard Jr. his estimated $22.9 billion fortune.
- The Midwest chain is different from other stores, with mail-in rebates and no installation services.
- I visited a Menards in Milwaukee and was surprised by its size and enormous selection.
If you’ve spent any time in the Midwest, chances are the “Save big money at Menards” jingle is permanently embedded in your brain.
Menards, the home-improvement chain founded by John Menard Jr., is known for its discounted prices, mail-in rebates, and quirky Midwestern charm. The company helped Menard Jr. achieve billionaire status with an estimated net worth of $22.9 billion, according to Forbes, making him the richest person in the state of Wisconsin.
Gov. Tim Walz of Minnesota has also helped boost its brand awareness to a national level as Vice President Kamala Harris’ running mate, extolling the virtues of the retailer’s rebates and gutter maintenance supplies in an apparent effort to appeal to crucial Midwestern swing-state voters.
Last year, Menards earned $13.4 billion in revenue, Forbes reported, making it the third-largest home-improvement chain in the US behind Home Depot and Lowe’s.
During a trip to my hometown in Wisconsin in May, I accompanied my dad, a frequent Menards shopper, on one of his trips to see what has made it such a successful business.
This article was originally published by Talia Lakritz at All Content from Business Insider (https://www.businessinsider.com/menards-midwest-store-tour-photos-billionaire-owner-2024-5).
General Content Disclaimer
The content on this website, including articles generated by artificial intelligence or syndicated from third-party sources, is provided for informational purposes only. We do not own the rights to all images and have not independently verified the accuracy of all information presented. Opinions expressed are those of the original authors and do not necessarily reflect our views. Reader discretion is advised, as some content may contain sensitive, controversial, or unverified information. We are not responsible for user-generated content, technical issues, or the accuracy of external links. Some content may be sponsored or contain affiliate links, which will be identified accordingly. By using this website, you agree to our privacy policy. For concerns, including copyright infringement (DMCA) notices, contact us at info@texasnews.app.
Add Comment