Frank Woolworth

Frank Winfield Woolworth (1852 - 1919)

Privacy Level: Open (White)
Frank Winfield Woolworth
Born in Rodman, Jefferson, New York, USAmap
Ancestors ancestors
Husband of — married [location unknown]
Descendants descendants
Died in Glen Cove, Nassau, New York, USAmap
Profile manager: Jill Lee private message [send private message]
Profile last modified | Created 31 Dec 2014
This page has been accessed 917 times.

Categories: New York Notables.

Frank Woolworth is Notable.


Biography

Frank Winfield Woolworth (April 13, 1852 – April 8, 1919) was the founder of F. W. Woolworth Company, and operator of discount stores known as "Five-and-Dimes" that featured a selection of merchandise priced at five and ten cents. He pioneered the now-common practices of buying merchandise direct from manufacturers and fixing prices on items, rather than haggling. He was the first to use self-service display cases so customers could examine what they wanted to buy without the help of a salesclerk.

Frank Woolworth was born in Rodman, New York, to John Hubbell Woolworth and Fanny McBrier, and had a brother, Charles Sumner Woolworth.

On June 11, 1876, he married Jennie Creighton (1853–1924); eventually they had three daughters. One, Edna Woolworth (1883–1917), the mother of Barbara Hutton, later committed suicide.[12]

He 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 $13.5 million in cash. At the time, it was the tallest building in the world, measuring 792 feet, or 241.4 meters.

He built Winfield Hall in Glen Cove, New York, on Long Island, in 1916, Woolworth died on April 8, 1919, five days before his 67th birthday.

At the time of his death, Woolworth was worth approximately $6.5 million or the equivalent of 1/1214th of the US GNP

Sources


See also:

Acknowledgements



More Genealogy Tools



Sponsored Search




Search
Searching for someone else?
First: Last:

DNA
No known carriers of Frank's Y-chromosome or his mother's mitochondrial DNA have taken yDNA or mtDNA tests and no close relatives have taken a 23andMe, AncestryDNA, or Family Tree DNA "Family Finder" test.

Have you taken a DNA test for genealogy? If so, login to add it. If not, see our friends at Ancestry DNA.



Images: 1
Frank W Woolworth
Frank W Woolworth

Collaboration

Frank is 19 degrees from Robin Helstrom, 23 degrees from Katy Jurado and 13 degrees from Victoria of the United Kingdom of Great Britain and Ireland on our single family tree. Login to find your connection.

W  >  Woolworth  >  Frank Winfield Woolworth