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Woolworth

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Woolworth
Frank Winfield . 1852--1919, US merchant; founder of an international chain of department stores selling inexpensive goods


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The Woolworth department store chain took a further step toward collapse Tuesday when a Frankfurt court said it had been placed under administration in Germany three months after its last British store shut down.
But it was once a unique and ground-breaking company, whose American founder Frank Winfield Woolworth was one of the first retailers to embrace mass-production to keep prices down.
The Woolworth name was taken up by stores around the world and, in recent months, the South African branch has been the subject of boycotts over its claimed treatment of workers and attitude to unions.
 
 
 
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