Charles Sumner Woolworth, Date of Birth, Place of Birth, Date of Death

    

Charles Sumner Woolworth

businessperson

Date of Birth: 01-Aug-1856

Place of Birth: Rodman, New York, United States

Date of Death: 07-Jan-1947

Profession: businessperson

Nationality: United States

Zodiac Sign: Leo


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About 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 the death of his brother, Sum became the longest serving Chairman of the F.
  • W.
  • Woolworth Company.
  • During the early years, Sum also partnered with a long-time friend, Fred Kirby, to open a "Woolworth and Kirby" store in Wilkes Barre, Pennsylvania.
  • When Fred bought out Sum's share, that store grew to become a "friendly rival" affiliate store, in close alliance with the two Woolworth brothers. In 1904, Sum and Frank Woolworth were affiliated with six (6) chains.
  • Frank developed the back office side of the business.
  • Sum developed the front of the business, pioneering self-service methods, customer service, training new managers, brightly lit stores, and frequently-changed window displays to lure customers inside.
  • In 1912 C.
  • S.
  • Woolworth & Co, with the other affiliated chains, merged 596 stores under the corporate name "F.
  • W.
  • Woolworth Company".
  • After the death of his brother, Frank Winfield Woolworth, Charles Sumner Woolworth became the reluctant Chairman of the Board of F.
  • W.
  • Woolworth Company (now Foot Locker), for 25 years.
  • As a philanthropist and business man, he was involved with several institutions and businesses in Scranton, Pennsylvania, and other areas.

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