Frank Winfield Woolworth was an American entrepreneur best known for founding the Woolworth's chain of five-and-dime stores. Born on February 22, 1852, in Rodman, New York, he opened his first store in 1879 in Utica, New York. Woolworth's innovative concept of selling a variety of goods at fixed low prices revolutionized retail shopping. Woolworth's stores quickly gained popularity, leading to the establishment of hundreds of locations across the United States and beyond. The success of his business model contributed to the rise of the variety store concept, influencing future retail giants and changing the landscape of American shopping. Woolworth passed away on April 8, 1919.