Woolworth's

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About

Name

• Woolworth's

Retail

• General Merchandise Stores

Facts

Founded

• Date unknown

Dissolved

• 1993

Related

Key Persons

Founders

• Frank Winfield Woolworth

Key Persons

• Lawrence Burnham, Manager
  1957–1965
• Herbert Schuster, Manager
  1929–1954

Location

• 124 E. Liberty St., Wooster, 44691, Ohio, United States
• 1835 Beall Ave., Wooster, 44691, Ohio, United States

Quick Facts

• 1928 - 1st listing of F. W. Woolworth Company in the Wooster City Directories, Carl H. Kevan, Manager, store located at 124-126 E. Liberty St., Wooster

Brief History

Frank W. Woolworth opened his first 5 and 10 cents store in 1879. His first attempt was to sell aging inventory for 5-cent items in a store in Utica, NY. This endeavor failed. However, he tried a second time, increasing his inventory to include 5-cent and 10-cent items. This time, his attempt to open and operate a 5 and 10 store was successful. By 1912, there were 631 stores bringing in more than $60.5 million a year.