Charles Sumner Woolworth Charles Sumner Woolworth 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 Scranton, Pennsylvania, and was founder of the "C. S. Woolworth & Co" chain of 5¢ & 10¢ stores. Sum's brother, Frank Winfield Woolworth was first to venture into the retail business with his own store, and soon after, he asked Sum to join him. Frank founded "F. W. Woolworth & Co", which later merged with other Woolworth affiliate stores to be the F. W. Woolworth Company. After
Department store he formed the Myer retail group with his brother, Elcon Myer. In 1900, they opened the first Myer department store, in Bendigo, Victoria. Since then, the Myer retail group has grown to be Australia's largest retailer. Both Myer and David Jones are up-market chains, offering a wide variety of products from mid-range names to luxury brands while the Adelaide-based Harris Scarfe is pitched towards brand led value, with hi-lo pricing. Other retail chain stores led by Kmart but also dominated by Target (unrelated to the American chain of the same name), Venture (now defunct), and Big W, also located nationally,