Mental Floss

The Quick 10: Woolworth's Five and Dime

Stacy Conradt
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On July 17, 1997, Woolworth's closed their doors for good. Not that there were many doors to close "“ the company had been slowly selling off pieces of the company and shutting down individual stores for more than a decade. To commemorate the ex-giant, here are a few facts about the company that used to be the biggest department store chain in the world.

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5. Although the Woolworth stores have closed, the Woolworth Company remains "“ it's just called something different now. You're probably familiar with it "“ it's Foot Locker, Inc. In the "˜70s and "˜80s, the company bought or created a bunch of specialty stores to boost sales and expand the business, from Champs Sports to Northern Reflections to a timepiece store called Best of Times. This included Foot Locker. When it became clear in 2001 that Foot Locker was its best-selling brand, Woolworth changed their name from Venator (which it had adopted upon closing all of its five-and-dime stores) to Foot Locker, Inc.

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7. In 1979, The Guinness Book of World Records declared that Woolworths was the largest department store chain the world.

8. The Woolworth building in New York has been a pretty popular spot for movies and television shows. It can be spotted in Enchanted as the building that Narissa scales with Robert in her clutches, it's one of the buildings that is destroyed by the Cloverfield monster, and it's the headquarters for Mode magazine in Ugly Betty, among others.

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Do any of you remember going to Woolworth's? I'd love to hear your experiences, so share in the comments if you have any!

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