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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.
After working in Augsbury and Moore dry goods store in Watertown, New York, Frank Winfield Woolworth obtained credit from his former boss, William Moore, along with some savings, to buy merchandise and open the "Woolworth's Great Five Cent Store" in Utica, New York, on February 22, 1879. [1] .
May 11, 2018 · Frank Winfield Woolworth (1852-1919), American merchant, was a pioneer in retailing methods. He established the great chain of "five-and-ten-cent" stores which bear his name.
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.
Feb 22, 2023 · 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." He went from playing make-believe stores with his brother in childhood to owning 1,000 stores at the time of his death.
Frank Winfield Woolworth was born in 1852 and opened his first retail establishment in 1879. Known as the architect of the Five and Dime, Woolworth struggled until finding his niche in the...
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Oct 24, 2020 · After several failed attempts, Frank Winfield Woolworth opened his first successful store in Lancaster, Pennsylvania back in 1879. Woolworth perfected the 5&10 business model and aggressively...
