
Criterion is owned by Menard Inc., the privately held Midwestern home improvement retailer headquartered in Eau Claire, Wisconsin. It is a Menards-exclusive private label, with appliances manufactured under contract by producers that industry analysis identifies primarily as Midea Group. Criterion products are stocked only at Menards stores and on menards.com.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Criterion | Menard Inc. | Wholly owned |
Criterion arrived in the mid-2010s as Menards pushed its appliance department beyond reliance on third-party brands. The chain had long run private labels elsewhere in the store, and major appliances were a logical extension given the category's high ticket size and the margin available to retailer brands.
The launch centered on the core kitchen suite: refrigerators, freezers, ranges, dishwashers, and microwaves, supplemented later by laundry appliances. Pricing was positioned deliberately low, typically 20 to 40 percent under comparable national-brand models, aiming squarely at the value buyer who dominates Menards' Midwestern, heavily rural and exurban customer base.
Distribution has always been the brand's defining constraint and its moat. Criterion is stocked at every Menards location that sells appliances, roughly 340 stores across 15 states, and is not sold through any other retailer, which makes the label a traffic driver for the chain rather than a product competing for shelf space.
Through the late 2010s and 2020s the line broadened in step with Menards' store growth, and the dedicated criterionappliances.com website was established to support the label. As a private company Menards does not disclose Criterion's revenue, but the brand's sustained shelf presence across the chain's footprint indicates it has become a permanent part of the appliance assortment rather than a trial label.
Is Menards publicly traded?
No. Menard Inc. is privately held and has never gone public. Founder John Menard Jr. owns approximately 89 percent, with the rest held by family members.
Who owns Menards?
The Menard family, led by founder John Menard Jr., who remains president and controlling shareholder. His children Paul and Charlie hold senior leadership roles.
When was Menards founded?
John Menard Jr. founded his construction business in 1960 and opened the first Menards retail store in Eau Claire, Wisconsin in 1964.
How many Menards stores are there?
Approximately 340 stores across 15 states plus 15 distribution centers, concentrated in the Midwest, as of March 2026.
What is Menards' market position?
Menards is the third-largest US home improvement retailer behind Home Depot and Lowe's and the largest private retail company in the country by revenue, at an estimated $13.1 billion in 2025.
Who makes Criterion appliances for Menards?
Criterion is Menards' private-label appliance brand. Menards contracts production to outside manufacturers, with industry analysis identifying Midea Group as the principal producer for much of the line.
Why is Menards cheaper than competitors?
Its low prices come from everyday-low pricing, an 11 percent rebate model, heavy private-label penetration, and manufacturing its own building products through Midwest Manufacturing, all unburdened by shareholder return expectations.
Criterion has no major scandal or brand-defining safety event on record. Its public record consists of routine, unit-level matters typical of the appliance industry: scattered durability complaints common to the budget tier and ordinary CPSC recall exposure on individual models, which are handled through standard repair or refund channels.
The structural criticism that applies to the brand is the same one leveled at most white-label goods: because manufacturing is contracted out and the chain discloses little, consumers have less transparency into who built a given unit than they would with a national brand. The product label on each appliance is the authoritative source of origin.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Home Depot | USA | 2014 | Mass market | United states | All Genders | |
| Whirlpool | United States | 1934 | Mass market | United states | All Genders | |
| Arcelik | Turkey | 1957 | Mass market | Europe | Unisex | |
| Crosley Group | USA | 1976 | Mass market | United states | All Genders | |
| Electrolux | Sweden | 1919 | Mass market | Global | All Genders | |
| Galanz | China | 1978 | Mass market | Global | All Genders |
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Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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