Montgomery Ward Inc. to Close
383747 08: A former employee, right, shakes hands with friends prior to departing the building with some of his belongings December 28, 2000 at Montgomery Ward's corporate headquarters in Chicago. Montgomery Wards employees were told Thursday that the 250-store retailer, which employs 31,000 in 31 states, will be closing down after more than 125 years of business. General Electric, owner of the retailer, said they were pulling financial support from Wards in the wake of sluggish holiday sales. (Photo by Tim Boyle/Newsmakers)
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December 28, 2000
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