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Frank Winfield Woolworth

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321: 339:, where he expanded the concept to include merchandise priced at ten cents. By 1889, Woolworth had twelve thriving stores and in ten years, from 1879 to 1889, his sales had increased by 240%. By 1900, Woolworth's chain had grown to fifty-nine stores, with sales of over $ 5 million (~$ 151 million in 2023). Woolworth's desire for control stretched further than just the bounds of his company. Wanting to implement his ideas on a much larger scale, F. W. adopted a policy of acquiring smaller chains of his competitors. This policy, combined with “the development of the five and ten cent idea, the exploitation of the idea through a chain, the squeezing out of his middleman competitors for the purpose of controlling goods manufacturing and distribution” resulted in the dominance of the low-priced segment of the American retailing industry. 302:
windows, where he found a creative niche arranging the store's front display; his work was so impressive that his boss assigned him that role. Typical business practices of the day was that a few of each type of item be displayed on a counter if small and behind if not. Clerks were responsible for obtaining what the customer wanted and making the transaction. From exposure to this Woolworth developed the notion that goods should sell themselves, something which became increasingly prominent in his retail career.
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Fenske suggests that Woolworth had heard of a "five-cent counter craze" while questioning his own sales ability at his first job. Jean Maddern Pitrone suggests that the idea was conceived after a travelling salesman told Woolworth of stores in Michigan with five-cent counters. Plunkett-Powell suggests that Woolworth overheard the concept during a discussion between William Moore and a young man who had opened his own cut-rate goods store.
412:. His company owned more than 1,000 stores in the United States and other countries and was a $ 65 million ($ 804,328,215 in 2009 dollars) corporation. He died without signing his newest will, so his mentally handicapped wife received the entire estate under the provision of his older 1889 will. When she died in 1924, her estate was worth $ 57.5 million. 478:. By 1997, the original chain he founded had been reduced to 400 stores, and other divisions of the company began to be more profitable than the original chain. The original chain went out of business on July 17, 1997, as the firm changed its name, initially to Venator, but in 2001 adopted its sporting goods brand, 282:
At age four, Woolworth told his parents that he would become a peddler like those who sometimes came calling. He and Charles would play "store", and Frank would set up merchandise to sell to his brother. Woolworth finished his schooling at age 16, yet he was unfit to begin working in any legitimate
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Under the employment of Moore & Smith, Woolworth had an opportunity to sell a large surplus of goods. He organized a store in Great Bend that opened on February 10, 1878, but sales were disappointing; the store failed in May. Accounts differ on the genesis of the five-and-dime concept. Gail
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In 1873, Woolworth worked as a stock boy in a general store called Augsbury & Moore's Drygoods in Watertown, and his experiences there served as the starting point to his own business venture and innovations. He was considered to be an inept salesman and was given jobs such as washing the
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known as "Five-and-Dimes" (5- and 10-cent stores or dime stores) which featured a selection of low-priced merchandise. He pioneered the now-common practices of buying merchandise directly from manufacturers and fixing the selling prices on items, rather than
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In the 1960s, after Woolworth's death, the company began expanding into various individual specialty store concepts, including sportswear, which led to the development of the Foot Locker sporting goods store in 1974. For a while there was a chain of
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On June 11, 1876, Woolworth married Jennie Creighton (1853–1924). They were the parents of Helena Maud Woolworth McCann (1878–1938), Jessie May Woolworth Donahue (1886–1971), and Edna Woolworth Hutton (1883–1917), who died from suffocation due to
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In 2012 the New York Stock Exchange celebrated Woolworth's 100th anniversary. The UK stores, under separate ownership since 1982, continued operating under the Woolworth name after the US operation ceased and by the 2000s traded as
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The family of Frank Winfield Woolworth made public yesterday the fact that Mr. Woolworth's death came so suddenly that he did not have time to execute an extended will upon which he had been long at work, making many
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In a document of fewer than 200 words, written thirty years, ago when he was a poor man, Frank W. Woolworth, originator of the five and ten cent stores, willed his estate of close to $ 30,000,000, in full to his
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Woolworth often made unannounced visits to his stores, where he would shoplift items to test the staff's attentiveness. Managers or clerks who caught him doing so were sometimes rewarded with promotions.
375:. Frank and Jennie's marriage was a happy one and Jennie regretted the demands that financial success put on Frank's time with her. By 1916 she displayed the symptoms of advanced dementia. 1673: 1179: 1460: 542: 1616: 1470: 320: 283:
store with only basic knowledge and no experience. He applied to many shops in the area, every time being rejected. He attended a business college for two terms in
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in the UK and operated online only but it ceased being operated as Woolworths in 2015. Woolworth stores continue to operate in Germany. Although both the
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Woolworth died of septic shock from an infected tooth on April 8, 1919, 5 days before his 67th birthday. At the time of his death, Woolworth was
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Mrs. Franklyn Laws Hutton, who was Edna Woolworth, daughter of F. W. Woolworth, was found dead in her apartment at the hotel Plaza. ...
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at a cost of $ 13.5 million (~$ 306 million in 2023) in cash. At the time, it was the tallest building in the world at 792 feet.
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companies took their names from Woolworth's US and UK stores, they have no connection to the F.W. Woolworth Company.
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Webster's guide to American history: a chronological, geographical, and biographical survey and compendium
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to John (1821–1907) and Fanny (née McBrier; 1832–1878) Woolworth; his brother was entrepreneur
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Bronze busts honoring Woolworth and seven other industry magnates stand outside between the
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When ladies go a-thieving : middle-class shoplifters in the Victorian department store
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A cemetery east of Watertown, New York, where he started his first store, is named for him.
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Remembering Woolworth's: a nostalgic history of the world's most famous five-and-dime
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Woolworth borrowed $ 300 (~$ 9,810 in 2023) and opened a five-cent store in
256: 755:"Five and ten; the fabulous life of F. W. Woolworth, by John K. Winkler..." 263:, and they raised their sons in those beliefs. His paternal ancestors were 441: 232: 371:. Rumors have persisted that she died by suicide. She was the mother of 43: 1389: 730:"F.W. Woolworth and the American five and dime : a social history" 437: 305: 1404: 475: 1209: 921:
Poor little rich girl : the life and legend of Barbara Hutton
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Pictures of F. W. Woolworth's Long Island Mansion 'Winfield Hall'
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Skyline queen and the merchant prince : the Woolworth story
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was incorporated with 586 stores. In 1913, Woolworth built the
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A virtual tour of downtown Hamilton – F. W. Woolworth Co. Ltd.
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F.W. Woolworth and the American Five and Dime A Social History
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Wardell, Jane; Press, The Associated (December 17, 2008).
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area. Meanwhile, his mother's parents, the McBriers, were
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Woolworth memorialized in an architectural detail of the
1105:"THE NATIONAL BUSINESS HALL OF FAME - March 12, 1990" 279:, Ulster, who had come to the United States in 1827. 267:
farmers who left England around 1665 settling in the
837:. Springfield, Mass.: G. & C. Merriam Co. 1971. 1598: 1535: 1519: 1489: 1428: 1372: 1311:. Vol. 32 (12th ed.). 1922. p. 1074. 889:"The remarkable life of Jennie Creighton Woolworth" 543:"Woolworth in New Jersey: A Love-Hate Relationship" 203: 182: 174: 151: 141: 125: 117: 109: 99: 76: 50: 34: 398:approximately $ 76.5 million or the equivalent of 259:and sympathetic to the Northern side during the 1674:Burials at Woodlawn Cemetery (Bronx, New York) 1346: 8: 1568:International Civil Rights Center and Museum 1150:"Woolworths stores to shut by early January" 235:. He was also the first to use self-service 1271:"Our history – Woolworths Holdings Limited" 1353: 1339: 1331: 918:Heymann, C. David (Clemens David) (1986). 42: 31: 815:"Luxury Condos in the Woolworth Building" 895:(Scroll down archived page for text.). 813:Michelle Higgins (September 26, 2014). 530: 1277:from the original on December 19, 2023 1220:from the original on December 19, 2023 1190:from the original on December 19, 2023 1160:from the original on December 19, 2023 1085:from the original on December 19, 2023 956:from the original on December 19, 2023 899:from the original on December 19, 2023 536: 534: 1251:from the original on October 28, 2023 924:. New York: Pocket Books. p. 4. 683:. New York: Oxford University Press. 255:(1856–1947). His parents were devout 7: 1689:19th-century American businesspeople 1659:American businesspeople in retailing 887:Lockyer, Peter (November 28, 2019). 451:(US) Business Hall of Fame in 1995. 1239:Davidson, Grant (April 30, 2018). 25: 1302:"Woolworth, Frank Winfield"  1115:from the original on July 5, 2010 309:Frank and Charles Woolworth with 622:. New York: St. Martin's Press. 447:Woolworth was inducted into the 209: 27:American businessman (1852–1919) 1679:People from Glen Cove, New York 1664:People from Watertown, New York 946:"A brief history of Woolworths" 616:Plunkett-Powell, Karen (1999). 541:Helen Pike (December 5, 1999). 287:, with a loan from his mother. 164: 1510:Woolworth v. Contemporary Arts 643:Pitrone, Jean Maddern (2007). 1: 1420:Other divisions and namesakes 419:in the Bronx, New York City. 415:Woolworth is interred in the 1684:New York (state) Republicans 113:Watertown Commercial College 1436:List of Woolworth buildings 975:Michael M. Klepper (1996). 677:Abelson, Elaine S. (1989). 513:List of Woolworth buildings 1705: 1067:"Milestones: Jun. 2, 1924" 950:www.woolworthsmuseum.co.uk 893:County & Quinte Living 792:. New York: Pocket Books. 462: 294: 1527:Foot Locker Cross Country 1498:Love at the Five and Dime 786:Nichols, John P. (1974). 208: 41: 1606:Frank Winfield Woolworth 389:Woodlawn Cemetery, Bronx 269:Massachusetts Bay Colony 253:Charles Sumner Woolworth 220:Frank Winfield Woolworth 36:Frank Winfield Woolworth 1380:F. W. Woolworth Company 1362:F. W. Woolworth Company 1308:Encyclopædia Britannica 1154:San Diego Union-Tribune 465:F. W. Woolworth Company 344:F. W. Woolworth Company 337:Lancaster, Pennsylvania 297:F. W. Woolworth Company 224:F. W. Woolworth Company 131:F. W. Woolworth Company 391: 328: 313: 247:Woolworth was born in 226:, and the operator of 1617:Poor Little Rich Girl 386: 323: 308: 1585:Lexington Woolworths 981:. Carol Pub. Group. 491:brand was bought by 387:Woolworth's tomb in 187:Charles S. Woolworth 734:search.worldcat.org 709:search.worldcat.org 285:Watertown, New York 1543:Greensboro sit-ins 1441:Woolworth Building 1137:. August 22, 2017. 1043:. January 11, 1921 1040:The New York Times 1008:The New York Times 863:The New York Times 819:The New York Times 572:The New York Times 547:The New York Times 449:Junior Achievement 392: 348:Woolworth Building 329: 326:Woolworth Building 314: 1636: 1635: 1628:Seymour H. Knox I 1590:Nashville sit-ins 1245:Davidson Branding 1214:Woolworth Company 988:978-0-8065-1800-8 931:978-0-671-55769-0 844:978-0-87779-081-5 799:978-0-671-77686-2 766:2027/uc1.b3127795 690:978-0-19-505125-4 656:978-0-7864-3024-6 629:978-0-312-20670-3 574:. January 8, 1947 493:Shop Direct Group 480:Foot Locker, Inc. 459:Woolworth Company 417:Woodlawn Cemetery 311:Seymour H. Knox I 217: 216: 197:Seymour H. Knox I 118:Years active 104:Woodlawn Cemetery 16:(Redirected from 1696: 1669:Woolworth family 1471:Wilmington Store 1451:St. Louis Office 1355: 1348: 1341: 1332: 1326:Woolworth Museum 1312: 1304: 1287: 1286: 1284: 1282: 1267: 1261: 1260: 1258: 1256: 1236: 1230: 1229: 1227: 1225: 1206: 1200: 1199: 1197: 1195: 1186:. 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Index

Frank Woolworth

Rodman
New York
Glen Cove
New York
Woodlawn Cemetery
F. W. Woolworth Company
Foot Locker
Republican
Charles S. Woolworth
Barbara Hutton
Seymour H. Knox I

F. W. Woolworth Company
variety stores
haggling
display cases
Rodman, New York
Charles Sumner Woolworth
Methodists
Civil War
English
Massachusetts Bay Colony
Scots-Irish
County Down
Watertown, New York
F. W. Woolworth Company

Seymour H. Knox I

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