WOOLWORTH Meaning and
Definition
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Woolworth references a noun that has multiple meanings depending on the context. Firstly, Woolworth commonly refers to Woolworths Group, a renowned American retail company originally founded in 1878 by Frank Winfield Woolworth. This chain of stores initially specialized in offering a multitude of inexpensive goods known as "five-and-dime" items, such as household goods, clothing, toys, and more. Woolworths Group expanded internationally and became a significant presence in various countries, until the company's gradual decline and closure of most locations in the early 21st century.
Secondly, "Woolworth" can also denote Woolworths Supermarket, a prominent Australian supermarket chain and subsidiary of Woolworths Group. It operates numerous stores nationwide and provides a broad range of groceries, fresh produce, household items, and more.
Additionally, the term "Woolworth" is occasionally used colloquially to refer to other discount stores or five-and-dime stores that reminisce the original Woolworth's concept. These outlets often offer inexpensive products across various categories, typically maintaining a bargain-focused approach.
Lastly, "Woolworth" can also be utilized as a surname for individuals, originating from English and is believed to be derived from the words "wool" and "worth," indicating a farm's value or significance in wool production.
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Etymology of WOOLWORTH
The word "Woolworth" is derived from the combination of two elements: "wool" and "worth".
1. Wool: From Old English "wull" and Middle English "wolle", which originally referred to the hair covering of certain animals, particularly sheep. Over time, "wool" came to specifically represent the fleece of a sheep, which is widely used for its warmth and softness.
2. Worth: Derived from Old English "weorþ", meaning "value" or "price". It denotes the quality or importance attached to something, particularly in terms of monetary value.
When these two elements are combined, "Woolworth" suggests a place associated with the trade or value of wool. It is important to note that the original intention behind the name was to establish a sense of affordability and everyday value, rather than being directly linked to the sale of wool products.
Similar spelling word for WOOLWORTH
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