F. W. Woolworth Company F. W. Woolworth Company The F. W. Woolworth Company (often referred to as Woolworth's or Woolworth) was a retail company and one of the original pioneers of the five-and-dime store. It was arguably the most successful American and international five-and-dime business, setting trends and creating the modern retail model that stores follow worldwide today. The first Woolworth store was opened by Frank Winfield Woolworth on February 22, 1878, as "Woolworth's Great Five Cent Store" in Utica, New York. Though it initially appeared to be successful, the store soon failed. When Woolworth searched for a new location, a friend suggested Lancaster,
F. W. Woolworth Building (Wilmington, Delaware) added a third story which appeared in the original blue prints. BPG has plans to renovate the building's upper floors and to add an additional two stories to the building for use as apartments. The building stands at the shopping intersection of 9th and Market streets a block off Rodney Square at the heart of the central business district. Woolworths also operated another store four blocks away at 504 Market Street. That second location now houses the Delaware History Museum. F. W. Woolworth Building (Wilmington, Delaware) The F. W. Woolworth Company Building is a historic department store building located in