Is Woolworth (US) Discontinued? What Happened?
Fate: The last American Woolworth stores closed in July 1997. The company changed its name to Venator Group and later became Foot Locker, Inc. In 2025, Dick's Sporting Goods acquired Foot Locker, officially ending the Woolworth corporate legacy.
F. W. Woolworth opened his first successful store in 1879 in Lancaster, Pennsylvania. The idea was simple: sell everyday things at very low prices. For a long time, everything in the store cost either five cents or ten cents. That is where the name five-and-dime came from.
The stores spread fast. By the early 1900s, Woolworth stores were a common sight in towns and cities across the United States. The stores carried a wide range of products including candy, housewares, small toys, fabric, and basic clothing. They also had lunch counters where shoppers could sit down and get a cheap meal.
In 1913, Frank Woolworth had a large office tower built in New York City. The Woolworth Building stood 792 feet tall and was the tallest building in the world for a time. Frank Woolworth paid for it in cash, reportedly writing a check for about 13 million dollars rather than taking out a loan.
The lunch counters inside Woolworth stores became part of an important moment in American history in 1960. Four Black college students sat down at the whites-only lunch counter at a Woolworth store in Greensboro, North Carolina. They were refused service but stayed seated. Their quiet protest sparked a wave of similar sit-ins at lunch counters across the South and helped push the civil rights movement forward.
By the 1980s and 1990s, shoppers were moving to discount stores and specialty retailers. Woolworth began closing stores and shifting focus to its athletic shoe brands. The last American Woolworth stores closed in July 1997. The company changed its name to Venator Group and later became Foot Locker, Inc.
International Woolworth chains followed their own paths. The UK Woolworths, spun off decades earlier, operated independently until it collapsed in 2008. Other international banners evolved or were sold off over time.
In 2025, Dick's Sporting Goods acquired Foot Locker, the last remaining retail business under the Woolworth brand, effectively ending the Woolworth legacy.
Timeline
-
1879
- Frank Woolworth opens his first successful store in Lancaster, Pennsylvania. Everything costs five or ten cents. The format catches on right away.
-
1913
- The Woolworth Building opens in New York City on April 24. It stands 792 feet tall and is the tallest building in the world for a time. Frank Woolworth pays for it in cash.
-
1960
- Four Black college students sit down at the whites-only lunch counter at a Woolworth in Greensboro, North Carolina. They are refused service but stay seated. The protest sparks sit-ins at lunch counters across the South.
-
1997
- The last American Woolworth stores close on July 17, 1997. The company changes its name to Venator Group and later becomes Foot Locker, Inc.
-
2008
- The independently spun-off UK Woolworths chain collapses, while other international Woolworth banners continue operating under their own paths.
-
2025
- Dick's Sporting Goods purchases Foot Locker, officially ending the Woolworth legacy brand.
Frequently Asked Questions
What was F. W. Woolworth?
Woolworth was one of the first major five‑and‑dime store chains in the United States. Frank Winfield Woolworth opened his first successful store in 1879 in Lancaster, Pennsylvania.
Why was it called a five‑and‑dime?
For many years, everything in the store cost either five cents or ten cents. The idea was to sell everyday items at very low prices.
What did Woolworth stores sell?
They carried candy, housewares, small toys, fabric, basic clothing, and lots of other low‑cost items. Many stores also had lunch counters where shoppers could get a cheap meal.
What was the Woolworth Building?
In 1913, Frank Woolworth built a 792‑foot office tower in New York City. It was the tallest building in the world at the time. He famously paid for it in cash — about $13 million.
Why are Woolworth lunch counters important in U.S. history?
In 1960, four Black college students sat at the whites‑only lunch counter in a Woolworth store in Greensboro, North Carolina. They were refused service but stayed seated. Their peaceful protest sparked sit‑ins across the South and became a key moment in the civil rights movement.
What happened to Woolworth in later decades?
By the 1980s and 1990s, shoppers were going to discount chains and specialty stores instead. Woolworth began closing locations and shifting its focus to athletic shoes.
When did the last Woolworth stores close?
The final U.S. Woolworth stores closed in July 1997.
What did the company become afterward?
Woolworth changed its name to Venator Group and later became Foot Locker, Inc. Foot Locker still operates shoe stores around the world today.
Why do people remember Woolworth?
It was one of the most famous five‑and‑dime chains in American history. Many people remember the lunch counters, the low prices, and the feeling of being able to find almost anything in one store.
Explore More
Learn more
Continue on Vanished Brands
Spotted an error or have additional sources? Get in touch and I'll review it.