Frank Winfield Woolworth

Frank Winfield Woolworth was an American entrepreneur who founded the Woolworth Company in 1879, pioneering the "five-and-dime" retail stores. These stores sold a wide range of inexpensive everyday items, making shopping accessible and affordable for the general public. Woolworth's innovative approach to retail, emphasizing low prices and high volume, helped popularize the concept of chain stores. His business model contributed significantly to the development of modern retailing and consumer culture in the United States, and Woolworth’s stores became a staple in American shopping throughout the 20th century.