Woolworth, Frank Winfield

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Woolworth, Frank Winfield,

1852–1919, American merchant, b. Rodman, N.Y. He established in 1879 a five-cent store at Utica, N.Y., which failed, and the same year he started a successful five-and-ten-cent store at Lancaster, Pa. Woolworth opened many others and soon extended business throughout the United States and to several foreign countries. In 1911 the F. W. Woolworth Company was incorporated with ownership of over 1,000 five-and-tens, and he became director of various financial firms. (The last Woolworth stores were closed in 1998.) Woolworth had the Woolworth Building erected in New York City in 1913, the highest building in the world (792 ft/241.4 m) at that time.

Bibliography

See J. K. Winkler, Five and Ten (1940, repr. 1970); J. P. Nichols, Skyline Queen and the Merchant Prince (1973); K. Plunkett-Powell, Remembering Woolworth's (1999).

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This week, Harry thinks that a new store about to be opened by Frank Woolworth could threaten his empire, so decides to cut Selfridge's prices in a bid to keep people coming through the door.
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1852: Frank Woolworth, founder of store, was Yo "When I started in 1981 or 1982, there was the South Shields shop and the Grainger Street shop in Newcastle had just opened," she recalls.
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Founder Frank Woolworth put the success down to "the great buying power that allows us to drive prices lower by helping factories to make their goods more cheaply".
The group was started in the US by Frank Woolworth in 1879, who priced everything at five cents.
Founder Frank Woolworth put his success down to "the great buying power that allows us to drive prices lower".
Confusingly, it seems we are not turning our backs on this great symbol of modern American culture but instead one that dates back to 1879, the date when Frank Woolworth opened his first store in Pennsylvania.
In 1912, having already expanded to the United Kingdom, Frank Woolworth orchestrated what came to be known as "the great $65 million merger," bringing in four other retailers that were doing business in a similar format to form a 596-unit, coast-to-coast chain with annual sales of more than $60 million.
The building, which totals 54 stories and more than 855,000 square feet, was commissioned by Woolworth's founder Frank Woolworth as the retailer's new corporate headquarters.
IT WAS the year Apache chief Geronimo died while a US prisoner and Frank Woolworth opened his first store in Britain.
FRANK Woolworth started his retail career in 1873 as a sales assistant in New York.