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Frank Woolworth was a visionary retailer who pioneered many of the selling techniques still used today. A self-made man, he rose from humble beginnings as a farm boy to become the head of the largest chain of shops in the world, operating stores in four countries, and generating revenues others could only dream of.
Feb 22, 2023 · Profession: Businessman and Retail Pioneer. Nationality: American. Biography: Frank Winfield Woolworth was an American entrepreneur, founding the F. W. Woolworth Company and operating a number of stores known as "Five-and-Dimes."
(1852-1919) F.W. Woolworth and Co. Overview. Frank Winfield Woolworth was a classic "self-made man" who rose from an impoverished background to establish F.W. Woolworth and Company, which at one time was the world's largest merchandising operation.
American merchant. Learn about this topic in these articles: Assorted References. establishment of Woolworth Co. In Woolworth Co. The company was founded by Frank Winfield Woolworth (1852–1919), the originator of the five-and-ten variety store. Read More. use of fixed prices. In Watertown.
Mar 29, 2024 · F.W. Woolworth Co. Date: 1905 - present. Ticker: FL. Share price: $22.87 (mkt close, Apr. 24, 2024) Market cap: $2.10 bil. Annual revenue: $8.17 bil. Earnings per share (prev. year): $1.42. Sector: Trade & Services. Industry: Retail. CEO: Mary N. Dillon. Headquarters: New York City. Recent News.
Harvard Business School →. Leadership →. Great American Business Leaders of the 20th Century. Request the Data. Frank W. Woolworth. Woolworth (F. W.) and Company. 1879–1919. Industry: Retail. Era: pre-1900. Woolworth spotted a potential enterprise in stores that sold only low, one-price goods.
(1852–1919). American businessman Frank Winfield Woolworth, who founded the F.W. Woolworth Co., was the originator of the five-and-ten variety store (i.e., a store that sells all items in stock for 10 cents or less). Woolworth was born on April 13, 1852, in Rodman, New York.
