Family tree of Frank Winfield WOOLWORTH
Industrialist, Businessman
Born Frank Winfield WOOLWORTH
Founder of F. W. Woolworth Company
Born on April 13, 1852 in Rodman, New York, USA , United States
Died on April 8, 1919 in Glen Cove, New York, USA
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He attended a business college for two terms in Watertown, New York. In 1873 he worked as a stock boy in a general store. It was there that he got the idea for a 5 cent store. There was a table with items for just 5 cents that always sold what was on it.
... He was born in Rodman, New York, to John Hubbell Woolworth and Fanny McBrier. He had a brother, Charles Sumner Woolworth.
He attended a business college for two terms in Watertown, New York. In 1873 he worked as a stock boy in a general store. It was there that he got the idea for a 5 cent store. There was a table with items for just 5 cents that always sold what was on it.
On June 11, 1876, he married Jennie Creighton (1853–1924) and they had three daughters. One of them, Edna Woolworth (1883–1917), the mother of Barbara Hutton, later committed suicide.
He borrowed $300 and opened a five-cent store in Utica, New York, on February 22, 1879. It failed within weeks. His second store was in Lancaster, Pennsylvania, and it opened in April 1879. 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.
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