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 put up $600 for a store called "Woolworth and Kirby". The store did very well, and in 1887 Fred bought out Sum's share, in a mutual agreement, and began to expand to more stores. Frank had incorporated his fast growing chain of stores as "F. W. Woolworth & Co" in 1905. The partner affiliates started to individually incorporate their businesses starting in 1905, following Frank's advice. Sum did not feel the need to do so, because he had a smaller number of stores. Clearly in photographs and on Woolworth postcards, he had incorporated at some point before 1911, as "C.