140 years ago today, Frank Woolworth opened the first of many 5-and-10-cent stores in Utica, New York. His
F. W. Woolworth Company was arguably the most successful American–and international—five-and-dime business, setting trends and creating the modern retail model, still followed worldwide today.
Retail chains using the Woolworth name survive in Austria, Germany, Mexico and, until early 2009, the UK—with a copycat in Australia. (1878)
