The F. W. Woolworth Company was the ideal five-and-dime store, with lunch counters as beloved social gathering places in the U.S. and England.The name will long by remembered for its role in the Civil Rights movement, as a Woolworth’s lunch counter in Greensboro, North Carolina became the setting for a sit-in during the early 60's.Big cities, small towns -- everyone had a Woolworth's.The chain went out of business in July 1997, when the company decided to focus on its Foot Locker division.