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F.W. Woolworth Co. - 1960's-70's dated New York Stock Certificate - Woolworth's Famous Department Store

Inv# GS1112   Stock
State(s): New York
Years: 1960's-70's
Color: Blue, Red, Purp, Green or Brown

General Stock printed by American Bank Note Company. Male and female figures with globe. Important store chain!!! Scarce!!! Available in Blue, Red, Purple, Green or Brown. Please specify color. The F. W. Woolworth Company, also known as Woolworth's or Woolworth, was a pioneering retail business that set the standard for modern retail practices with its five-and-dime store concept. Founded by Frank Winfield Woolworth on February 22, 1879, in Utica, New York, the first store, "Woolworth's Great Five Cent Store," initially failed. However, Woolworth achieved success with a new store in Lancaster, Pennsylvania, and went on to establish a chain.

With the assistance of his brother, Charles Sumner Woolworth, the company developed many merchandising, purchasing, sales, and customer service practices that are still used today. Woolworth's became a leading retail chain in the 20th century, but increased competition led to its decline starting in the 1980s. In July 1997, Woolworth went out of business and shifted its focus to sporting goods, rebranding as the Venator Group. By 2001, the company concentrated exclusively on the sporting goods market and changed its name to Foot Locker, Inc. The company also changed its stock ticker symbol to "FL" in 2003.

Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $19.00