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John Menard considered Chicago the heart of his territory, and he was determined to dominate in that market. None of Menards children want to take over their fathers business. The products he manufactured, including dog houses and picnic tables, accounted for about a quarter of the items sold. In 2003, the Minnesota attorney general charged that Menards manufactured and sold arsenic-tainted mulch in packaging labeled ideal for playgrounds and for animal bedding. Warning labels from the CCA-treated wood were found in the mulch. John Menard earned his college degree in business, but he once told a top Menards officer that his minor in psychology was far more important, because how you treat people was the key to his success. But in much of its 11-state region Wisconsin, Minnesota, the Dakotas, Iowa, Michigan, Ohio, Indiana, Illinois, Missouri and Nebraska Menards ranks first or second. According to Bloomberg, John Menard Jr.'s net worth is expected to reach $18.4 billion in January 2023. We'll assume you're ok with this, but you can opt-out if you wish. Today, the ex-employee adds, Menard heats most of the 60-plus buildings at his nearly 650-acre Eau Clare corporate headquarters by burning scrap pallets. There were all kinds of one-time buys. The country's leadership set this year's economic growth target at around 5%, a target more modest than some had previously projected as policymakers take into account a wide range of difficulties besetting the worlds second-largest economy. say, Kmart, circa 1978. Yet, it said, there were cutting-edge flourishes its competitors lacked, including computerized kiosks that convert the dimensions of a proposed deck or garage into a shopping list of materials needed to complete it. His father was not. Tempers seemed to cool after Gov. Hes normally by himself and just moves in and out of the shadows, says Indianapolis Motor Speedway track historian Donald Davidson. But the junk in front reinforces the image of a bargain-hunters paradise. Bropst recounts horror stories of how other employees were handled. case dismissed. John Menard Jr was told to ask the customer how much hed paid for the tires and to give him a refund. On 22-1-1940 John Menard, Jr. (nickname: John ) was born in Eau Claire, Wisconsin. Home Depot, not Menards, is the Official Home Improvement Warehouse of NASCAR. In 2005, Home Depot with former Menards driver Tony Stewart captured NASCARs top prize, the Nextel Cup championship, then Lowes won the crown in 2006. John strong-armed me to a point where I probably should have said no, Petree says now, explaining he was soon at the financial breaking point., More crushing for Petree, in midseason, John took his millions and his son and joined forces with Dale Earnhardt Inc., the racing team run by Earnhardts widow. Perhaps the closest relationship Menard ever had was with Indy racing driver Scott Brayton, who raced for Team Menard for four years. Bropst, too, had dared to question an order, this time from John Menard. Expanded into 11 midwestern states by undercutting competition penny by penny. However, he was denied his seat by the House. Friday 4/27/2007. Still, Lowes and Home Depot saw total same-store sales slump in 2006, while Menards enjoyed record profits. We can see too many carts, not enough carts. Johns absolutely driven to maximize everything, says Steve Kight, former managing director of Menards British racing engine company, Menard Engineering Ltd. Menard quickly grew Cashway, adding a truss plant, operations for treating lumber, producing countertops, pre-hung doors, boards, steel and nails. Paul, the race car driver, now 26, moved to North Carolina to get out of his fathers shadow, says Archibald. How home improvement store founder John Menard became the richest man in Wisconsin and what he sacrificed to do it. By making some of the products he sold, he kept prices low. Menards style is suggested by how he paid people: As company president and CEO, his $20.6 million pay in 1998 included a bonus equal to 5 percent of the companys before-tax profit, an arrangement he instituted in 1973. John Menard Jr approach has its critics. John Robert Menard Jr. (born January 22, 1940) is an American billionaire businessman, and the founder and owner of Menards, a Midwestern chain of home improvement stores. Phone Number: (715) 450-LVZT +3 phones. 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. The EPA recommends that CCA-treated wood not be converted into mulch. 1995-08-21 John in Tuscany with Sandermans inside the house by John Menard Stolzenfels Castle - Rhine marker 585km by John Menard View of Saint Nicholas Church from St Michael's Bridge by John Menard That ethic influenced John Jr., but he was never interested in staying on the farm. That companys his life and when he feels someone is taking money out of his pocket, he just goes nuts, says Kight, the ex-director of Menards racing engine business. They offered me another new store in Wilmer, Minn., and said take it or leave it, he recalls. Home Depot entered another Menards stronghold, Milwaukee, in 1998. Home Depot worried less about theft and error than the lifetime value of the customer. The Menard brothers are notorious for dressing down employees. The case is still pending. A ton of staffing problems. Menard pleaded no contest to felony and misdemeanor charges involving records violations, unlawful transportation and improper disposal of hazardous waste. In 2003, Menards sued Home Depot, alleging it ripped off his companys flyers and posted them in its stores. They wanted $25,000 from me for my non-complete clause. Bropst spent $4,000 in legal fees, eventually getting the Menards built new stores without having to get a bank loan. He wanted to escape it, Watson adds. ADVERTISEMENT. View their profile including current address, phone number 715-834-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. He distrusts that., Johns life is his business, Archibald says. Paul practically grew up on a racetrack, cutting his teeth on go-kart and ice boat racing. All three have trust funds filled with Menards stock. John Menard has made it clear his 33-year-old nephew Charlie Menard, Larrys son, will be his successor. The company was fined $160,000. Menards managers would quietly buy trucks full of the competitors product. I was nearly 40 years old and I figured it was time to stand up for myself or Id dance their tune forever. Bropst quit. Perhaps the closest relationship Menard ever had was with Indy racing driver Scott Brayton, who raced for Team Menard for four years. Perhaps giddy with victory, he suddenly opened up to the media, even confessing to a national publication that he fantasized about driving his race car over Home Depots CEO. Necessary cookies are absolutely essential for the website to function properly. Bropst, too, had dared to question an order, this time from John Menard Jr. That was the beginning of the end of my career with them, he says. Menard was at the racetrack, and comforted Lee Brayton, Scotts father. [citation needed]. Bachelor of Arts/Science, University of Wisconsin, Eau Claire. Paul's father John Menard, the richest man in Wisconsin, had long loved racing. US$ 13 billion (2022) Owner. 22 Followers, 0 Following, 0 Posts - See Instagram photos and videos from John Menard III (@johnnymenard3) In metro Milwaukee, Menards has nine stores, ahead of the five Lowes stores and second to Home Depots 12. They have also lived in Bark River, MI. Eau Claires city fathers would love to have The Menard Center, a civic and convention hub funded by the entrepreneur, but as Menards cousin Watson says, I dont see why John needs another building with his name on it; hes already got over 200., Menard is frugal at home, too. Customer service deteriorated under Nardelli, and he was let go earlier this year. LLP. John Menard Jr marketing strategy was three-pronged, beginning with a weekly circular that featured low-priced and even free goods like a 75-cent extension cord. Adds Archibald, Hes been a failure when it comes to his family, when it comes to relationships. Menard's net worth is $14.2 billion, making him the 145th richest person on the list. Hes the only one that wants it, but hes not capable, says a former high-ranking executive. John Menard Jrs negotiating ability is so renowned, says former Indianapolis 500 champion driver Eddie Cheever, that if Menard ever spent an hour lecturing on the topic, Cheever would be there. Its rare in the racing world for someone to break a contract the way he did, but when youre John Menard, I guess you can do that, says Petree, who spent the next 18 months laying off employees and liquidating assets. In his world, everything is measured by your bank account, says a former high-level corporate exec who asked for anonymity. TheNational Enquirertrumpeted the story to the rest of the country. Menard rarely gives interviews and refused to grant one for this article. He worked days on his fledgling business, nights at a local movie theater. Menards is owned by founder John Menard Jr. through his privately held company, Menard, Inc. In 1994, Wisconsin obtained a civil judgment against Menards for the unlicensed transportation and disposal of ash produced by incinerating CCA-treated lumber. Youve got to sell solutions.. Petree had won a pair of NASCAR championships as Dale Earnhardts crew chief, but struggled to find sponsors when he formed his own team. Its a measure to prevent employee theft, John Menard once told the media. John Menard II See Photos John Kim Menard Factor III (Menard) See Photos John Andrea III See Photos John Meinard Ramos III See Photos John Lenard III See Photos John Menard (Men III) See Photos John Menard Lim II (Jangas Jata This) See Photos John Meinard II (Deguzman) See Photos John Medina III See Photos John Manore III See Photos It is considered hazardous waste and requires proper disposal in a licensed landfill. Email Address: See available information. During the Civil War (1861-65) he served as a clerk in the U.S. Department of . And the two giants did throw their weight around, pressuring manufacturers Kohler and DeWalt not to sell products to Menards, says Archibald. The penalty is termination. Bropst was assigned to the Lombard, Ill., store. And as a shopper, Im not very happy when the peanuts I buy are stale. While millions of Americans held backyard barbeques, or attended a Memorial Day ceremony, John Menard Jr. - founder and owner of Menards - had a weekend few people can lay claim to. In December 2000, the company named a new CEO, Robert Nardelli, who had no retail experience. He wanted to escape it, Watson adds. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. John, now 67, had a serious health scare, a prostate problem, Archibald and others say, but hes reportedly recovered. Known for. It was particularly good, given that more than half of Menards managers hadnt graduated from college, Larry Menard testified. John Menard Jr. His hair color could be red, golden brown or shoe-polish black, says a former insider, explaining that one of Menards ex-girlfriends owns a salon. For his high school studies, he studied at Eau Claire Regis High School which serves students from grade 9 to 12. Menard rarely gives interviews and refused to grant one for this article. John Menards many environmental violations. He has controlled every aspect of the company since he started it. Today, the ex-employee adds, Menard heats most of the 60-plus buildings at his nearly 650-acre Eau Clare corporate headquarters by burning scrap pallets. This time, Milwaukee Mile communications vice president Jim Tretow had seen John Menard Jr hoot and holler when his son won. The company was fined $160,000. Archibald demanded proof, he says, and when none was provided, walked out and never returned. Milwaukee Magazinewas unable to reach the other Menard children.]. It runs neck-and-neck with Home Depot in Chicago (each has around 30 stores) and dominates Minneapolis-St. Paul with 19 stores. Menard first started a construction business in 1958, 20 years before Home Depot launched. Anything they can make a buck on Theyre kind of the Wal-Mart of the home improvement industry, says Scott Bropst, a Menards employee for 21 years and a store manager for 14. Before John entered high school, the senior Menard left the university and moved the family to the countryside to build one of the states largest dairy herds. Hes normally by himself and just moves in and out of the shadows, says Indianapolis Motor Speedway track historian Donald Davidson. Bauman recalls Home Depot selling oriented strand board, a plywood substitute, for much less. There were reasons the stores Menard acquired had closed. Ultimately, Faber, a 20-year veteran of Menards who was then 48, was replaced by a 29-year-old. Archibald and three other former Menards executives (two of whom asked for anonymity) offer a portrait of a boss whose great wealth hasnt necessarily brought him happiness. Without time to start from scratch, Menard converted an assortment of empty retail outlets. Kohler had inherited the plumbing empire founded by his grandfather. Tinkering with that mix in February, John Menard Jr added milk and groceries at some locations. In his lumber yard, hed recycle scraps, like short pieces of two-by-fours that would have been garbage to other people. Menard didnt leave Lees side until after Scotts wife and mother arrived. Menards managers must sign a work agreement in which they consent to pages of rules and penalties: They are fined $10 if there are more than 15 carts in the parking lot, $100 a minute if a store opens late, $10 if a customer doesnt pick up a special order within 10 days. Popcorn and peanuts, all that crap at the checkouts, thats a big mistake, says Will Ander, senior partner of the Chicago retail consulting firm, McMillan/Doolittle Rumors circulated that Lowes would acquire Menards, but instead, it moved into Chicago in 1999 and Milwaukee in 2005. Bropst recounts horror stories of how other employees were handled. John Menard considered Chicago the heart of his territory, and he was determined to dominate in that market. As the competition heated up, Menard complained to the Council of Better Business Bureaus that Home Depots ads in both Chicago and Minneapolis-St. Paul which suggested Menards sold inferior merchandise were blatantly false. Retail War The number of do-it-yourself customers is declining, experts say, prompting Home Depot and Lowes to offer their own installers. Is John Menard Married? When I was promoted to assistant general store manager, the first thing I had to do was go to a one-and-one-half-day seminar in Eau Claire about fighting unions, says Baumann. The warehouse was to be erected by filling in a .6-acre bean field the DNR considers a seasonal wetland used by migrating tundra swans. Diane Hendricks, owner of Hendricks . Even minor building projects concerned him. Archibald says the children have never forgiven their father for having an affair with another woman while he was married to their mother.. Hes had six children by three women, married and divorced Whatever he does, he does it because he can.. Select this result to view John W Menard's phone number, address, and more. John Menard Jr policy was a sharp contrast, allowing no returns without a receipt. Menard has sued Trudeau, a single mother of four children, according to Tomisue's lawsuit, for $1.5 million in damages (underlying this damages claim . For years, Lowes had stayed out of the Midwest market, partly because Menards was so strong and has very loyal customers, says industry analyst Keri Spanbauer of Thrivent Financial for Lutherans, a major investor in Home Depot and Lowes. Historically, the companies Home Depot and Lowes had put out of business were the size of Menards. It runs neck-and-neck with Home Depot in Chicago (each has around 30 stores) and dominates Minneapolis-St. Paul with 19 stores. The birthplace of John Menard is Eau Claire In Wisconsin. case dismissed. In 1999, Advertising Age hailed Menards excellence in brand building in going head-to-head with Home Depot. Menard was named one of the publications 100 marketing marvels. ADVERTISEMENT. Menard pleaded no contest to felony and misdemeanor charges involving records violations, unlawful transportation and improper disposal of hazardous waste. Menards offers the targeted employee another job, but always for less pay, at a lower rank, in a different city, so the employee must uproot his or her family. The Helgets filed a wrongful firing claim against Menards; their attorney Edwin Sissam took the Menard brothers depositions. Also in 2006: The U.S. Environmental Protection Agency issued an administrative order against Menards for damaging a Sioux Falls, S.D., stream that ran through its property by filling in 1,350 linear feet of the stream and replacing it with a 66-inch storm sewer pipe. John R. Menard Jr. passed up a job at IBM when he graduated from the University of Wisconsin at Eau Claire in 1963. Corporate keeps a close eye on sales per customer per area, Larry Menard testified last August. Its stores are newer, cleaner and offer a shopping experience emphasizing the fashion element of home improvement that women particularly like. How has the Suns' new starting group performed? Instead, it provides customers with a list of private contractors. Menard grew up on a farm in Wisconsin as the oldest of eight children. Anything they can make a buck on Theyre kind of the Wal-Mart of the home improvement industry, says Scott Bropst, a Menards employee for 21 years and a store manager for 14. John Menard Jr.'s brother, Larry, served as Menards' Operations Manager for 40 years. Helgets daughter was confined to a wheelchair and the narrow hallways in the Helget home made it difficult to get around. John would say, Why make a rule if youre not going to enforce it? Archibald recalls, adding sometimes, you have to cut throats. In December 2000, the company named a new CEO, Robert Nardelli, who had no retail experience. www .menards .com. 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. These concerns are often seen in how they treat corporate employees within the company. This page contains the office landline number for John Menard, Jr. John R Menard III, age 80+, lives in Eau Claire, WI. John Menard Jr developed a habit of dousing himself with cologne, says one insider. Customer service deteriorated under Nardelli, and he was let go earlier this year. The manager spent a small fortune on plane fare commuting back and forth. Archibald and three other former Menards executives (two of whom asked for anonymity) offer a portrait of a boss whose great wealth hasnt necessarily brought him happiness. Current Address: BGDX Old Town Hall Rd, Eau Claire, WI. We used to joke when a letter came from headquarters that it would start with either What the F or Why the F, says former manager Bropst. The Age of John Robert Menard, Jr. is 82 years old. His car will be sponsored by his dad John Menard Jr. A 1963 graduate of the University of Wisconsin-Eau Claire, Menard opened his first hardware store in 1972. Menards negotiating ability is so renowned, says former Indianapolis 500 champion driver Eddie Cheever, that if Menard ever spent an hour lecturing on the topic, Cheever would be there. Talking to the arbitrator, Larry Menard described the companys practice of demoting managers as a benevolent act, reserved for high-potential individuals who have kind of gone astray and needed time to reflect and get their act back together.. Moreover, theyd have to pay their own attorneys fees and half the cost of the arbitrator, even if Menards was found at fault. He still worked 35 to 40 hours, but his contract required a minimum of 55 a week, so his weekly pay dropped from $1,000 to $500 or $600, Bropst says. John Meinard Apolinar II. "John Menard and his teams won several Indy 500 pole positions and were consistently some of the fastest cars in the race with the Buick engines at that time." . We got a lot of that cleaned up, says Bropst. It was 1960 and he was just 20 years old. The 11-room, one-story wood home has five bedrooms, three baths, two fireplaces and a property assessment of $425,000. One year, we had truckloads of poinsettias and another year Bumpy Diapers, says Ivan DenOuden, a former department manager in Mason City, Iowa. We can see lines at registers and do corrective action. The result was often a blizzard of memos to store managers, insiders say. 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.. And its brought him extraordinary success, but has it brought contentment? When Menard heard the news, he was salivating, says Archibald. In 2002, Menard owed more in personal federal income tax than any other American: $228 million on $593 million in adjusted gross income. If they couldnt beat a price, John Menard Jr would order his managers to buy up a competitors entire supply of that product. She was getting too big for her mother Linda to carry her up the stairs, and because the bathroom couldnt accommodate her wheelchair, the girl had no privacy. Managers have to make do with very lean staffing. By contrast, the Lowes management team is considered top notch. Many Menards units have the ambience of, In Duluth, Minn., he opened the mother of all home improvement big boxes, a 250,000-square-foot behemoth, more than twice the size of a typical Home Depot. The most infamous casualty of this policy was Eldon Helget, a lumber yard manager for Menards Burnsville, Minn., store. The company plans more monster stores. The states richest man may well be one of its least known. The result was a unique shopping experience. Managers who questioned the rules might do worse. The end of Johns first marriage was messier, and Johns relationship with his two children from it, 43-year-old Renee and 40-year-old Christopher, is rockier. Helget, who had a stellar 13-year record with the company, could resign his post and take a lower-level job, Larry said. Menard also owns an engine shop in the United Kingdom that produced engines for Team Menard and Robby Gordon Motorsports and was the owner of Team Menard which won the 1997 and 1999 Indy Racing League championships. John Menard Jr expanded kitchen and bath vignettes and added an appliance showroom and garden center to his already extensive product lines. Last year, the value of Menards racing-circuit exposure was worth $22.2 million, estimates sponsorship expert Eric Wright. At that point, Bropst says, his new employer said youve got a store to run, and it joined in his defense. It was inspired by Larry Menards Army experience during the Vietnam crisis, he told an arbitrator last August. John Menard had built his regional empire of home improvement stores one two-by-four at a time until it had more than $6.6 billion in annual sales and 37,000 employees. John, now 67, had a serious health scare, a prostate problem, Archibald and others say, but hes reportedly recovered. But the primo advertising spot, the rear right fender, the area that the TV cameras grab most, Menard saved for his own store, notes Milwaukee Miles Tretow. Happiness isnt as easily controlled. The company has to come first; families get in the way., But Archibald adds, In Johns defense, the few times he has fallen for someones sorry-ass excuse, theyve stabbed him in the back and left the job anyway., Most observers suggest those occasions have been rare, however. The penalty is termination. Instead, he got a cowboy in jeans with his shirt partially unbuttoned and a chain around his neck, he says. Two of the babies didnt make it, and John (Menard) fined him $2,000 [out of his bonus] because he had to bury two of his kids and didnt put in 55 hours those two weeks., John expects his employees to be like him, says former Menards exec Archibald. Subscribe John had them painted, got them put together, and we sold them, recalls Steve Faber, who served the company for 19 years, including 15 as an Iowa store manager. Herbert Kohler Jr. and family, executive chairman of Kohler Company, $9.8 billion. In 2002, Menard owed more in personal federal income tax than any other American: $228 million on $593 million in adjusted gross income. He doesnt go for all these foundations and write-offs, offers former Eau Claire state senator Dave Zien. Menards built new stores without having to get a bank loan. Linda Helget phoned Menard to plead with him to relent. Most companies with an employee with a disabled daughter would want to be behind the family But John Menard had this attitude, Who the hell is telling me how to run my company?. Like Wal-Mart, John Menard Jr built a retail empire on having the cheapest price. The service desk employee called corporate headquarters for guidance. But the real competition remained in Chicago, hastening the demise of smaller regional chains Courtesy Home Centers, Builders Square and Handy Andy. Tempers seemed to cool after Gov. The Helgets were elated until they discovered Eldons contract with Menards barred him from working for a competitor for a year. The Helgets were elated until they discovered Eldons contract with Menards barred him from working for a competitor for a year. What is the age of John Menard? Questioning their policy was the beginning of the end, Faber says now.