Add Yahoo as a preferred source to see more of our stories on Google. Woolco department stores were launched in 1962 and closed in 1983. The first two Woolcos in Austin arrived in 1970.

Many old chain stores — WT Grant, SS Kresge, FW Woolworth, JC Penney, and the others — began discount versions of themselves in the early 1960s: GrantWay, K-Mart, Woolco and Treasure Island, ...