Woolworths developed innovative schemes in the 1960s in partnership with City Councils and development companies to transform some of the inner-city stores. Brand new, modern Woolworth stores were built that made better use of space. They sold any surplus land that was released for cash.
An old-style store in New Street (shown in a later post) was replaced by a skyscraper which was named 'The Woolworth Building' and incorporated a tower of offices above the shop. The firm retained some of the office accommodation which they sublet as a commercial landlord, while selling the remainder to the developer.
The Woolworth Building was opened in 1961. Today the building is called 'Charters Building'. It was refurbished in the 1990s and a glass exterior lift was added. At street level, there are now several retail units.


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Woolworths New Street and the Woolworth Building
An old-style store in New Street (shown in a later post) was replaced by a skyscraper which was named 'The Woolworth Building' and incorporated a tower of offices above the shop. The firm retained some of the office accommodation which they sublet as a commercial landlord, while selling the remainder to the developer.
The Woolworth Building was opened in 1961. Today the building is called 'Charters Building'. It was refurbished in the 1990s and a glass exterior lift was added. At street level, there are now several retail units.


View attachment 76491
Woolworths New Street and the Woolworth Building
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