Legacy
Montgomery Ward died in 1913, at the age of 69. His wife bequeathed a large portion of the estate to Northwestern University and other educational institutions. Despite the collapse of its catalog and department stores in 2001, Montgomery Ward & Co. still adheres to the once unheard philosophy of "satisfaction guaranteed" as an online retailer.
The Montgomery Ward catalog's place in history was assured when the Grolier Club, a society of bibliophiles in New York, exhibited it in 1946 alongside Webster's dictionary as one of the hundred books with the most influence on life and culture of the American people.
A bronze busts honoring Ward and seven other industry magnates stand between the Chicago River and the Merchandise Mart in downtown Chicago, Illinois and a smaller version of that portrait bust is located in Grant Park.
The Chicago Park District Board of Commissioners recently named a new park in honor of A. Montgomery Ward. It is located at 630 N. Kingsbury Street, only a few short blocks away from the old Montgomery Ward & Co. Catalog House Building at 600 W. Chicago Avenue, Chicago.
Forbes magazine readers and editors ranked Aaron Montgomery Ward as the 16th most influential businessman of all time.
Read more about this topic: Aaron Montgomery Ward
Famous quotes containing the word legacy:
“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
—Desiderius Erasmus (c. 1466–1536)