Today is a pretty interesting snippet of history. On this day in 1879, the first Woolworth store, or 5 cents store, was opened in Utica, New York.
Opened by Frank Winfield Woolworth, the more than 1000 stores that opened over the next 50 years were pledged to sell nothing for more than a nickel.
You’re probably thinking, wait, seriously? Everything was sold for 5 cents?!?!?
Well actually, because of inflation, 5 cents in 1879 was equal to a little more than a dollar today. So Woolworth’s store was basically the original version of the Dollar Tree, or somewhere similar.
What’s neat about Woolworth’s store is that is was one of the first stores to sell all its goods for so cheap. But with the needs of the time, it only seemed right.
And turns out, it was a good choice. The stores did really well up until the late 1900s, when retail market changes caused the last store to close in 1979.
In honor of the Woolworth’s store, today is a great day to visit a store that has made a similar oath. I would highly suggest Dollar Tree, but if you don’t have one in your area, a similar store that sells all their goods for a dollar or less would work.
And if you don’t have any store like that in your area, then maybe ask your parents or grandparents if they ever visited a Woolworth’s store and what was it like? I think my grandpa brought it up once, so I might ask him about it.
And if neither of those options work, maybe just go to a store and visit the clearance section. I’m sure you can find something under a dollar!
However you choose to celebrate today, I hope you have fun doing it!
Have a wonderful day of celebration!
Picture source: Don’t Tread on Me