Although it attempted to modernize its stores, the company continued to suffer losses. In December 2000 it announced that it was going out of business, and in 2001 it closed its remaining stores. After being acquired by a catalog marketer, Montgomery Ward was relaunched as an online company in 2004.Click to see full answer. Then, who bought out Montgomery Ward?In 2008 the “Montgomery Ward” brand was acquired by a subsidiary of The Swiss Colony, Inc. (now known as Colony Brands, Inc.), a family-owned direct-mail business that strives to continue the heritage, traditions and values of the brand that were inspired by the founder, Aaron Montgomery Ward.Also, what is the Montgomery Ward catalog? The Montgomery Ward catalog is a home decor catalog/furniture catalog that sells home decor for your bedroom, bathroom, kitchen, dining room, and outdoor living areas. Besides featuring home decor, the catalog also sells housewares, tools, electronics, jewelry, clothing, gifts, and toys. Also, is Montgomery Ward affiliated with Fingerhut? CHICAGO (AP) _ Retailer Montgomery Ward & Co. and catalog merchandiser Fingerhut Companies Inc. The new venture, which will be owned equally by Montgomery Ward and Fingerhut, will mark Montgomery Ward’s return to the general merchandise catalog business after closing the operation in 1985.When did Montgomery Ward stop making appliances?Montgomery-Ward hasn’t made refrigerators for a number of years. The company struggled financially, finally resorting to bankruptcy in 2000. They run a small online store, but no longer sell appliances.

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