Frank Winfield Woolworth by the 2000s traded as Woolworths Group. The final UK stores ceased trading January 6, 2009. The UK Woolworths brand was bought by Shop Direct Group in the UK who plan to run the store online only. Woolworth stores continue to operate in Germany. Although both the Australian company Woolworths Limited and the South African company Woolworths Holdings Limited took their names from Woolworth's US and UK stores, they have no connection to the F.W. Woolworth Company. Frank Winfield Woolworth Frank Winfield Woolworth (April 13, 1852 – April 8, 1919) was an American entrepreneur and the founder of F. W.
Charles Sumner Woolworth German subsidiary, as National Socialist Party nationalism and anti-American sentiment grew stronger. The directors were somewhat perplexed by the situation, because of the high level of Woolworth investment in Germany. Woolworth's had a sizable workforce at its large warehouse and shipping depot in Sonneberg, Germany. New laws were passed in Germany which prevented profits within Germany from leaving Germany. Essentially, the "F. W. Woolworth CO GMBH" became an entity on its own. The Woolworth Company took a $2 million financial hit to profits, yet the executives tried to stay optimistic that the situation would resolve itself. As war ensued, the