Just like inventors, businesses are trial and error
Just like inventors, businesses are trial and error. Frank Woolworth learned that soon after he opened his first 5 Cent Store in Utica, New York on this day in 1879. The budding entrepreneur with a vision of customers flocking to his store for the 5-cent items they could afford didn't give up. He had that Get Up spirit and opened another store in Lancaster, Pennsylvania but added 10-cent items as well. Soon, he expanded, and in 1912 after merging with other retailers, Woolworth & Co stores were in 37 states.