January 2016 Auction Ends Thursday, January 28th, 5pm Pacific
This lot is closed for bidding. Bidding ended on 1/28/2016
Frank Woolworth framed presentation containing two typed letters signed, one from 1892 and one from 1916. Both on Woolworth Co. letterhead, 1892 letter concerns rebates, while the 1916 letter concerns aggressive expansion and hiring a manager to oversee the expansion. 1916 letter reads in part, ''...This territory comprises at the present time 40 stores...which, of course, did not show anywhere near the amount of profits that they will show in the year 1916...'' Both letters are signed ''F.W. Woolworth''. Woolworth pioneered the idea of five-and-dime stores and moved America into fixed pricing, rather than haggling. His retail stores would ultimately encompass the entire country, along with the U.K. and Europe. Each letter measures approximately 8'' x 10.25'', in near fine condition. Nicely framed to 37'' x 35.5'', with three photos of Woolworth and two of his stores.
Frank Woolworth Pair of Letters Signed, in Handsome Framed Presentation
Click above for larger image.