F.W. Woolworth Company

The F.W. Woolworth Company, founded in 1879, was a pioneering American retail chain known for its five-and-dime stores, offering a wide range of affordable merchandise like household goods, toys, and novelties. It popularized the concept of inexpensive, self-service shopping, making everyday items accessible to a broad customer base. Over time, Woolworth expanded nationally and internationally, becoming a major retail player. Its innovative approach influenced modern retail practices, though it eventually declined in the late 20th century as shopping habits changed. The company's legacy includes shaping the retail industry and mainstreaming the concept of discount shopping.