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The F. W. Woolworth Company (often referred to as Woolworth's or simply Woolworth) was a retail company and one of the pioneers of the five-and-dime store.It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores follow worldwide today.
Frank Winfield Woolworth (April 13, 1852 – April 8, 1919) was an American entrepreneur, the founder of F. W. Woolworth Company, and the operator of variety stores known as "Five-and-Dimes" (5- and 10-cent stores or dime stores) which featured a selection of low-priced merchandise.
Yesterday: F.W. Woolworth Co. Nationwide Frank Woolworth opened his first five-and-dime store in Utica, New York, in 1879. By the time he inaugurated his monumental headquarters in New York City ...
The 519 Main Street store replaced the 409 Main Street after the fire on December 14, 1893, and moved to 395 Main Street in 1895. [8] He continued to build his S.H. Knox Co. 5 and 10 Cent Store empire. By the time of the 1911 incorporation of F. W. Woolworth Company, Knox was the second largest of six store operators with 98 U.S. and 13 ...
Woolworth's, Grant's, and McCrory's may be gone, but the history of five-and-dime stores is still alive at locations across the country. Classic Five-and-Dime Stores From Yesterday and Today Skip ...
After Woolworth closed all of its stores in 1997, Santa Feans Earl and Deborah Potter spearheaded the opening of Five & Dime. The store was scaled down from Woolworth's original imprint of 30,000 ...
Woolworth began his retail career at the Smith and Moore Dry Goods Store in Watertown in 1873. It was during his time here that he was given the idea of selling fixed price merchandise, which led him to create his successful chain of five and dime department stores in 1879. The Smith and Moore store later became a member of the Woolworth chain. [3]
The Scranton store was the first to formally be called a 5 & 10¢ store, opening on November 6, 1880, with the banner over the door which read, "5¢ & 10¢ Woolworth Bro's Store". Scranton was a huge success. [clarification needed] Thus began the era of the "five-and-dime" store. As sales grew at a steady pace, in 1881 Frank suggested that Sum ...