The Story of Woolworth Five and Dime

By Bruce Shawkey As singer Nancy Griffith tells it, she learned there were Woolworth stores all over the United States, which inspired her song, Love at the Five and Dime. The so got me interested in Woolworths. We had one on the Square in Madison. I remember it well. It had a lunch counter in addition to the dry-good store. I used to shop there for Xmas presents. Found this book on the Internet which had a story authored by Dale Carnegie on the history of Woolworths. It is a true rags-to-riches story, reminiscent of the old Horatio Alger stories. Here it is, paraphrased below. By Dale Carnegie Every time you spend a nickel in one of Woolworth's five and ten cent stores, a part of your nickel finds its way eventually into the account of Frank Winfield Woolworth (above). How did he make his millions? He started out poor. He lived on a farm up near Watertown, New York, and he was so hard up that he had to go barefooted six months out of the year. That poverty did big things fo...