Fw woolworth biography of barack

American businessman (1852–1919)

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]

Early life

Woolworth was born in Rodman, New York to John (1821–1907) and Fanny (née McBrier; 1832–1878) Woolworth; his brother was entrepreneur Charles Sumner Woolworth (1856–1947).^[1][2] His parents were devout Methodists and sympathetic to the Northern side during the Civil War, and they raised their sons in tho