Woolworth's Day is observed annually on February 22 to commemorate the legacy of Woolworth's Five Cent Store, founded by Frank Woolworth, who pioneered the concept of selling goods directly from manufacturers at low prices. Although the original Woolworth's chain is no longer operational, the brand continues to exist in various international markets. The celebration honors the impact of Woolworth's on retail history and its role in popularizing the five and ten cent store model. Typical customs for this day may include remembering the store's contributions to shopping culture and reflecting on the evolution of retail. Woolworth's Day serves as a reminder of the entrepreneurial spirit and innovation that characterized Frank Woolworth's business approach.