Frank Winfield Woolworth
American businessman (1852–1919) / From Wikipedia, the free encyclopedia
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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. He pioneered the now-common practices of buying merchandise directly from manufacturers and fixing the selling prices on items, rather than haggling. He was also the first to use self-service display cases, so that customers could examine what they wanted to buy without the help of a sales clerk.[1]
Quick Facts Born, Died ...
Frank Winfield Woolworth | |
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Born | (1852-04-13)April 13, 1852 |
Died | April 8, 1919(1919-04-08) (aged 66) |
Resting place | Woodlawn Cemetery |
Education | Watertown Commercial College |
Years active | 1873−1918 |
Known for | Founded F. W. Woolworth Company (now Foot Locker) |
Political party | Republican |
Spouse |
Jennie Creighton (m. 1876) |
Children | 3 |
Relatives | Charles S. Woolworth (brother) Barbara Hutton (granddaughter) Seymour H. Knox I (cousin) |
Signature | |
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