Historical story

How did frank w Woolworth come up with the idea for his stores?

Frank W. Woolworth got the idea for his stores while working as a clerk in a general store.

One day, he noticed that the store was selling small, inexpensive items for a high profit. He realized that there was a market for these types of goods and decided to open his own store.

Woolworth's first store was a five-and-dime store, located in Lancaster, Pennsylvania. The store was a success, and Woolworth soon opened more stores throughout the United States.

Woolworth's stores were different from other stores at the time in several ways. First, they were open late, which made them convenient for working people. Second, they offered a wide variety of goods, from food and clothing to household items and toys. Third, Woolworth's stores were known for their low prices.

Woolworth's stores were a huge success and helped to popularize the idea of the five-and-dime store. Today, there are still many five-and-dime stores in operation, and they continue to be popular with shoppers looking for a good deal.