"Charles Sumner Woolworth Charles Sumner Woolworth (August 1, 1856 – January 7, 1947), was an American entrepreneur who went by the nickname of ""Sum"", opened and managed the world's first five-and-dime store in Scranton, Pennsylvania, and was founder of the ""C. S. Woolworth & Co"" chain of 5¢ & 10¢ stores. Sum's brother, Frank Winfield Woolworth was first to venture into the retail business with his own store, and soon after, he asked Sum to join him. Frank founded ""F. W. Woolworth & Co"", which later merged with other Woolworth affiliate stores to be the F. W. Woolworth Company. After"
"corporate entity under the name ""F. W. Woolworth Company"" in a merger of all 596 stores. The stock flotation raised over $30 million for the five founders of the merged chains. They all swallowed their pride and accepted Frank's name above the door, with Frank as President of the new Corporation. Sum Woolworth, Fred Kirby, Seymour Knox, Earle Charlton, and William Moore each became a Director and Vice-President. One of the ""friendly rival"" predecessor chains included several stores initially opened as Woolworth & Knox stores starting as early as September 20, 1884 as well as S. H. Knox & Co."
"Sumner Woolworth, had fifteen stores; while William Moore, whose stores had given Frank and Charles their start in retail, contributed two. Charlton's western holdings gave F. W. Woolworth a nationwide reach in both the United States and Canada. He became a senior vice president, and earned $6,500,000 from the merger. With the consolidation of the six brands under the Woolworth name, F. W. Woolworth & Company operated five hundred and ninety-six stores, with its headquarters at the newly constructed Woolworth Building in New York. The company prospered for most of the twentieth century, before increased competition in the discount retail"
"was a chain of discount stores called Woolco. 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, Foot Locker, Inc. In 2012, they celebrated Woolworth's 100th anniversary on the New York Stock Exchange. The UK stores (under separate ownership since 1982) continued operating under the Woolworth name after the US operation ceased, and"
"in Williamsport, Pennsylvania. The store’s success led to a third. Kirby began opening a new store every four months and operated as F. M. Kirby & Company. Then, Kirby expanded his company across the United States. He opened stores outside of Pennsylvania and owned 96 stores by 1911 with a capital of about $5,000,000. In 1912, F. M. Kirby & Company merged with other 5 and 10-cent merchants, including F. W. Woolworth who owned 300 stores, to create. F. W. Woolworth Company. The company had a capital of over $65,000,000. While prices rose on almost all other products in other"
"succeeded Burcham(1913-1987) as chairman-CEO in 1978 and died in office, succeeded by vice chairman John W. Lynn(1921-2013) who was succeeded in 1986 by president(since 1983, replacing Richard L. Anderson(d. 2015)) Harold Sells. Farah joined the company as chairman and CEO in December 1994 and Hennig was replaced by Dale W. Hilpert as president in May 1995. F. W. Woolworth Company The F. W. Woolworth Company (often referred to as Woolworth's or Woolworth) was a retail company and one of the original pioneers of the five-and-dime store. It was arguably the most successful American and international five-and-dime business, setting trends and"
"F. W. Woolworth Building (Watertown, New York) The Woolworth Building is an historic building in Watertown, New York. It is a contributing building in the Public Square Historic District. Plans for the Woolworth Building were begun in 1916 by Frank W. Woolworth, the founder of the Woolworth's chain of department stores. Woolworth began his retail career at the Smith and Moore Dry Goods Store in Watertown in 1873. It was during his time here that he was given the idea of selling fixed price merchandise, which led him to create his successful chain of five and dime department stores in"
"decided to focus primarily on sporting goods and renamed itself Venator Group. By 2001, the company focused exclusively on the sporting goods market, changing its name to the present Foot Locker, Inc., changing its ticker symbol from its familiar Z in 2003 to its present ticker (). Retail chains using the Woolworth name survive in Austria, Germany, Mexico and, until early 2009, the United Kingdom. The similarly named Woolworths supermarkets in Australia and New Zealand are operated by Australia's largest retail company, Woolworths Limited, a separate company with no historical links to the F. W. Woolworth Company or Foot Locker,"
"In 1967, The F.W. Woolworth Company opened their first British Woolco store in Oadby, Leicestershire. The store was 63,000 sq.ft and offered many products like groceries, fashion and household products. Woolworth later opened 2 more stores in Thornaby, Stockton on Tees and Bournemouth, Hampshire. They were all successful and eventually Woolworth had a 12 store chain under the Woolco name. When the F.W. Woolworth Company spun off the British Woolworth chain into its own company in 1983, the Woolco stores were later converted to regular Woolworth stores, and then the company sold them off to Supermarket chain Gateway in 1986."
"last US Woolworth's-branded variety store closed in 1997; however the Woolworth company had success with its subsidiary sports retailer Foot Locker, and the company's name has been officially changed to Foot Locker to reflect the new focus of the business. Beginning around the 1960s, others tried the larger ""discount store"" format as well, such as W.T. Grant, Woolworth's Woolco stores, and TG&Y Family Centers. Woolworth's opened its first store in the United Kingdom in 1909, when they were also colloquially known as ""threepenny and sixpenny"" stores, ""3d and 6d"" being displayed on the shops' frontages. In Japan, 100-yen shops (百円ショップ"
"E. P. Charlton & Company E. P. Charlton & Company, also known as E. P. Charlton Company, E. P. Charlton, or simply Charlton's was an American chain of five and ten cent stores owned by Earle Perry Charlton, which merged with several associated brands to create the F. W. Woolworth Company in 1912. Beginning in 1890, Charlton and his partner, Seymour H. Knox, a cousin of retailer Frank W. Woolworth, established a chain of stores under the name of ""Knox & Charlton Five and Ten Cent Store."" The chain operated as part of a syndicate established by Woolworth, allowing for"
"Walton opened his first Wal-Mart store. The following year, in 1963, Woolworth expanded into the shoe store business with the purchase of Kinney Shoe Corporation, which eventually created the store that Woolworth would be taken over by, Foot Locker. By Woolworth’s 100th anniversary in 1979, it had become the largest department store chain in the world, according to the Guinness Book of World Records. During the 1980s, the company began expansion into many different specialty store formats, including Afterthoughts (which sold jewelry and other accessories for women), Northern Reflections (which sold cold-weather outerwear), Rx Place (later sold to Phar-Mor), and"
"River in 1909, and which operated until the 1950s. Charlton died in 1930, leaving a considerable amount to the Charlton Trust, which benefited local charities in the Fall River area; today he is commemorated by the Charlton Memorial Hospital. E. P. Charlton & Company E. P. Charlton & Company, also known as E. P. Charlton Company, E. P. Charlton, or simply Charlton's was an American chain of five and ten cent stores owned by Earle Perry Charlton, which merged with several associated brands to create the F. W. Woolworth Company in 1912. Beginning in 1890, Charlton and his partner, Seymour"
"put up $600 for a store called ""Woolworth and Kirby"". The store did very well, and in 1887 Fred bought out Sum's share, in a mutual agreement, and began to expand to more stores. Frank had incorporated his fast growing chain of stores as ""F. W. Woolworth & Co"" in 1905. The partner affiliates started to individually incorporate their businesses starting in 1905, following Frank's advice. Sum did not feel the need to do so, because he had a smaller number of stores. Clearly in photographs and on Woolworth postcards, he had incorporated at some point before 1911, as ""C."
"Street, and in Ottawa on Sparks Street. He followed those with eight stores in Canada, west of the Rocky Mountains, followed by a return to the US with several store California, including one in South Broadway, Los Angeles, California. He opened stores in Tacoma, Washington, and Sherbrooke, Quebec, and then a very large store in Market Street, San Francisco, California, mere weeks before the 1906 San Francisco earthquake. In 1912, each of the owners in the syndicate of Woolworth affiliated stores agreed to incorporate all 596 of their stores, as one entity, as ""F. W. Woolworth Company"". The merger generated"
"I (1861–1915), who merged his chain of five-and-dime stores with those of his first cousins, Frank Winfield Woolworth and Charles Woolworth, to form the F. W. Woolworth Company. He studied at St. Paul's School in Concord, New Hampshire, and graduated from Yale and Columbia University before serving as a decorated Corporal in World War II in the United States Army Field Artillery. Knox was a Vice President at Dominick & Dominick Inc., one of the oldest, continuously operated financial services institutions in the United States, founded in 1870. Along with his brother Northrup R. Knox and attorney Robert O. Swados,"
"F. W. Woolworth Building (Wilmington, Delaware) The F. W. Woolworth Company Building is a historic department store building located in downtown Wilmington, Delaware. From 1940 to 1997, the F. W. Woolworth Company operated the store, this location being one of the last to close. The building then housed a Happy Harry's drug store and pharmacy for several years until that company was purchased by Walgreens in 2007. Walgreens continues to operate the acquired Happy Harry's stores, including the Market Street store, under the Happy Harry's name. The building was purchased by a subsidiary of BPG Property Group in 2008 who"
"is complete and the building is occupied. The ground floor is to remain commercial space. F. W. Woolworth Building (Watertown, New York) The Woolworth Building is an historic building in Watertown, New York. It is a contributing building in the Public Square Historic District. Plans for the Woolworth Building were begun in 1916 by Frank W. Woolworth, the founder of the Woolworth's chain of department stores. Woolworth began his retail career at the Smith and Moore Dry Goods Store in Watertown in 1873. It was during his time here that he was given the idea of selling fixed price merchandise,"
"malls, but this never came to pass as Woolworth never developed that many successful specialty store formats. In 1988, the F.W. Woolworth Company incorporated a separate company called the Woolworth Corporation in the state of New York. The Woolworth Corporation was responsible for the operations of the Foot Locker stores, among the other specialty chains operated by Woolworth's. One of its first moves was the acquisition of Champs Sports and to rename itself the Woolworth Athletic Group. During the 1980s and 1990s, the F.W. Woolworth Company's flagship department store chain fell into decline, ultimately culminating in the closure of the"
"Inc. However, Woolworths Limited did take their name from the original company, as it had not been registered or trademarked in Australia at the time. Similarly, in South Africa, Woolworths Holdings Limited operates a Marks & Spencer-like store and uses the Woolworth name, but has never had any connection with the American company. The property development company Woolworth Group in Cyprus began life as an offshoot of the British Woolworth's company, originally operating Woolworth's department stores in Cyprus. In 2003, these stores were rebranded Debenhams, but the commercial property arm of the business retained the Woolworth's name. The F.W. Woolworth"
"""HomeShop"", is their ""click and collect"" and home shopping delivery service. Woolworths Limited was founded in September 1924, originally under the name ""Wallworths Bazaar Ltd."", a play on the internationally renowned F. W. Woolworth name. After discovering the name had not been registered in Australia, and Woolworths had no plans for overseas expansion, the company became ""Woolworths Limited"" on 22 September 1924. Following the company's first ""Bargain Basement"" opening in the Imperial Arcade, on Sydney's Pitt Street, there was little interest in shareholders to accelerate the brand's growth. However, as trading continued and shareholders brought more capital, the dividends paid"
"Woolworths.co.uk Woolworths.co.uk was an online retail website owned by Shop Direct Group, formed in 2009 after Shop Direct bought the rights to the name and website address of the defunct high street retailer Woolworths. The online store opened on 25 June 2009, but it closed in June 2015, after six years, to be replaced by Shop Direct's existing brand Very. Woolworths started out in the UK in 1909 as F.W Woolworth & Co, part of the American company that was established in 1879. The first store was on Church Street in Liverpool and sold children's clothing, stationery and toys from"
"how it was brought about, it is clear that this concept would become the most profound key to Woolworth's success and would change his life and retailing as well. Woolworth borrowed $300 and opened a five-cent store in Utica, New York, on February 22, 1878. It failed within weeks. Woolworth opened his second store in April 1879, in Lancaster, Pennsylvania, where he expanded the concept to include merchandise priced at ten cents. In 1911, the F.W. Woolworth Company was incorporated with 586 stores. In 1913, Woolworth built the Woolworth Building in New York City at a cost of $130.5 million"
"store concepts with the increasing specialty store concept. In 1997, the Woolworth Corporation acquired the mail-order catalogue athletic retailer Eastbay for approximately 146 million dollars. A few months later, on July 17, 1997, the F. W. Woolworth Company closed their remaining department stores. The surviving Woolworth Corporation changed its name to Venator Group, Inc., while continuing its focus on the specialty store idea. In 2000, after a decline in the market of sports apparel, Venator Group shuttered many of their stores, including 27 Champs Sports locations. This proved successful as high-end footwear grew in popularity. With the first issue released"
"Corporation. Sears Holdings, the parent company of Kmart, declared Chapter 11 bankruptcy on October 15, 2018. S. S. Kresge, the founder of the company that would become Kmart, met variety-store pioneer Frank Winfield Woolworth while working as a traveling salesman and selling to all 19 of Woolworth's stores at the time. In 1897 Kresge invested $6,700 saved from his job into a five-and-dime store in Memphis, Tennessee. He jointly owned the first store with his former tinware customer, John McCrory. Kresge and McCrory added a second store in downtown Detroit the following year. These were the first S.S. Kresge stores."
"23 April 1914 on Grafton Street in Dublin. Plans for an outlet in the industrial north had continued despite the outbreak of World War I, with a new opening on High Street in Belfast on the 6 November 1915. After this, more stores opened in towns and cities throughout Ireland. In 1921, the company's two stores in Dublin were forceably closed by agents of Sinn Féin, an event which the American parent had not anticipated might happen when entering the Dublin market. By 1931, a decision had been made to liquidate the profitable F.W. Woolworth Company of Ireland, Ltd company"
"other stores earned over $150,000. By 1912, E. P. Charlton & Company operated fifty-eight stores throughout the United States and Canada. That year, Frank Woolworth persuaded the other members of his syndicate to consolidate as the F. W. Woolworth Company. Frank, who owned more stores than the other five members combined, became president of the new company, while the others became directors and vice presidents. S. H. Knox & Co. contributed ninety-eight stores in the United States, and thirteen in Canada; Fred M. Kirby, who had been a business partner of Woolworth's since the 1880s, had ninety-six; Frank's brother, Charles"
"market caused it to focus on specialty brands. Woolworth's-branded stores were closed throughout the 1990s, while the company focused on athletic apparel, and particularly its Foot Locker brand. The last Woolworth stores were closed in 1997, as the company changed its name, first to ""Venator"", then ""Foot Locker, Inc."" Although the E. P. Charlton brand disappeared from retail after the creation of F. W. Woolworth & Company, the Fall River Woolworth's maintained its prominent storefront ""E. P. Charlton Company"" signage until 1970. Earle Charlton devoted his time and energy to the Charlton Mill, a factory he had built at Fall"
"in 1940. With the company and its stores doing successfully, Woolworths began to experiment with expanding their grocery range; more stores began stocking fresh fruits and vegetables and a larger range of food. As Woolworths began to gradually transition to becoming exclusively a grocery store, this saw the creation of the first ""Big W"" store in 1955, the brand's department store counterpart. As of January 2017, approximately 99% of all Woolworths Supermarkets currently use the green apple Woolworths logo. Some suburban stores still use the old logo in Australia. In 2018, Woolworths made a historical decision to ban single-use plastic"
"Cafeteria, except in the province of Quebec where they were named Café Rouge or Moisson d'Or. Woolco Woolco was an American-based discount retail chain. It was founded in 1962 in the city of Columbus, Ohio, by the F. W. Woolworth Company. It was a full-line discount department store unlike the five-and-dime Woolworth stores which operated at the time. At its peak, Woolco had hundreds of stores in the US, as well as in Canada and the United Kingdom. While the American stores were closed in 1983, the chain remained active in Canada until it was sold in 1994 to rival"
"The store was brightly lit, new, and the wooden floor was polished to a lustrous shine. The layout was soon adopted by Frank for his F. W. Woolworth stores and became the standard as the two brothers persuaded family members and former co-workers from Moore's to join them in forming a ""friendly rival syndicate"" of five-and-ten-cent stores. Each of the syndicate chain's stores looked similar inside and out, but operated under its founder's name. Frank Woolworth provided much of the merchandise, encouraging the rivals to club together to maximize their inventory and purchasing power. At the same time, using his"
"Woolworths (New Zealand) Woolworths is a former New Zealand supermarket chain and a unit of Woolworths Group in Australia. The chain has been re-branded as Countdown. Founded in 1929 by Percy Christmas, the chain was separated from the parent company Woolworths Group in Australia and was called Woolworths New Zealand. During this period, the chain was mainly Variety and General Merchandise products trading under the Woolworths brand. In 1956, Woolworths first entered food retailing with their Food Fair store, and its first dedicated food store opened in 1963 in New Lynn. It wasn't until 1967 that Woolworths launched its first"
"They rebranded these stores to Woolworths. 1980 saw L.D. Nathan acquire the McKenzies General Merchandise stores. These stores were then rebranded as Woolworths. With the large number of general merchandise and supermarkets L.D Nathan decided in 1985 to split the into two separate divisions: supermarkets and general merchandise. L.D Nathan rebranded their General Merchandise business in 1988 to DEKA. 1987 and 1988 saw the launch of the Price Chopper and Big Fresh brands. Ownership changed hands in 1990 when Hong Kong's Dairy Farm International acquired the Woolworths supermarket chain. The chain had three supermarket brands, each with a different offering:"