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Charles Sumner Woolworth (August 1, 1856 – January 7, 1947), was an American entrepreneur who went by the nickname of "Sum", opened and managed the world's first five-and-dime store in Utica, New York, and was founder of the "C. S. Woolworth & Co" chain of 5¢ & 10¢ stores.
The F. W. Woolworth Company (often referred to as Woolworth's or simply Woolworth) was a retail company and one of the pioneers of the five-and-dime store.It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores follow worldwide today.
Frank and Charles Woolworth with Seymour H. Knox I. Under the employment of Moore & Smith, Woolworth had an opportunity to sell a large surplus of goods. He organized a store in Great Bend that opened on February 10, 1878, but sales were disappointing; the store failed in May. [3] Accounts differ on the genesis of the five-and-dime concept.
H. Knox & Co. contributed ninety-eight stores in the United States, and thirteen in Canada; Fred M. Kirby, who had been a business partner of Woolworth's since the 1880s, had ninety-six; Frank's brother, Charles Sumner Woolworth, had fifteen stores; while William Moore, whose stores had given Frank and Charles their start in retail, contributed ...
Sumner's birthplace on Irving Street, Beacon Hill, Boston Charles Sumner was born on Irving Street in Boston on January 6, 1811. His father, Charles Pinckney Sumner, was a Harvard-educated lawyer, abolitionist, and early proponent of racial integration of schools, who shocked 19th-century Boston by opposing anti-miscegenation laws. [3]
A sign adorns a Billabong store in Sydney' s CBD on August 28, 2014, as the embattled Australian surfwear firm posted a 218.2 million USD net annual loss.
Lazarus developed or was an early adopter of many shopping innovations such as "one low price" (no bargaining necessary, earlier implemented by the John Wanamaker Store [3]), first department store escalators in the country, first air-conditioned store in the country, and Fred Lazarus Jr. successfully lobbied President Franklin Roosevelt to ...
Charles Sumner Woolworth (cousin) Seymour Horace Knox I (April 11, 1861 – May 17, 1915), was a businessman from Buffalo, New York , who made his fortune in five-and-dime stores . [ 2 ] He merged his more than 100 stores with those of his first cousins, Frank Winfield Woolworth and Charles Sumner Woolworth , to form the F. W. Woolworth Company ...