WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):  November 13, 1996

                              WOOLWORTH CORPORATION
             (Exact name of registrant as specified in its charter)

      New York                     No. 1-10299                  13-3513936
___________________________      ________________       ________________________
(State or other jurisdic-          (Commission              (IRS Employer
 tion of incorporation)             File Number)             Identification No.)

233 Broadway, New York, New York                        10279-0003
(Address of principal executive offices)                (Zip Code)

Registrant's telephone number, including area code: (212) 553-2000
Item 5.           Other Events.

                  On November 13, 1996 the Board of Directors of the Registrant
elected Bruce Hartman as Vice President and Controller of the Registrant, 
effective November 18, 1996. Mr. Hartman replaces John A. Wozniak, who resigned
as Vice President and Controller of the Registrant as of the close of business 
on November 15, 1996, and who will be leaving the Company at the end of the
current fiscal year. (See Exhibit 99, which, in its entirety, is incorporated
herein by reference.)

Item 7.           Financial Statements and Exhibits.

(c)      Exhibits

                  In accordance with the provisions of Item 601 of Regulation
S-K, an index of exhibits is included in this Form 8-K on page 3.


                  Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned being hereunto duly authorized.

                                            WOOLWORTH CORPORATION

Date:  November 20, 1996                By: /s/GARY M. BAHLER
                                           Gary M. Bahler
                                           Vice President, General
                                           Counsel and Secretary

                                      - 2 -
                              WOOLWORTH CORPORATION

                                INDEX OF EXHIBITS
                             FURNISHED IN ACCORDANCE
                             WITH THE PROVISIONS OF
                           ITEM 601 OF REGULATION S-K

Exhibit No. in Item 601 of Regulation S-K Description - ----------------------- ----------- 1 * 2 * 3 * 4 * 5 * 8 * 9 * 10 * 11 * 12 * 13 * 15 * 16 * 17 * 18 * 19 * 20 * 21 * 22 * 23 * 24 * 25 * 26 * 27 * 99 News Release Dated November 14, 1996
- ----------------------------- * Not applicable. -3-
                                                   CONTACT:  Frances E. Trachter
FOR IMMEDIATE RELEASE                                        (212) 553-2394

                              WOOLWORTH CORPORATION

NEW YORK, NY, November 14, 1996 - Woolworth Corporation (NYSE:Z) announced today
that Bruce Hartman will join the Company as its Vice President and Controller,
effective November 18.

"Bruce brings to Woolworth Corporation high-caliber retail accounting and
control experience that will be of great value to the Company as it moves ahead
in rebuilding its accounting infrastructure," said Dale W. Hilpert, President
and Chief Operating Officer of Woolworth Corporation.

Hartman, who will report to Andrew P. Hines, Senior Vice President and Chief
Financial Officer, has spent the last 10 years of his career with The May
Department Stores Company, and most recently was the Chief Financial Officer of
Filene's (Boston, MA) from 1994 until this past October. Hartman was also Chief
Financial Officer at Famous Barr (St. Louis, MO) between 1993 and 1994, and
Controller at Robinson's (Los Angeles, CA) from 1990 to 1993. Prior to his
tenure with May, Hartman held various other financial and administrative
positions. He began his career with Haskins and Sells in Boston, MA in 1975.

Hartman is a 1975 graduate of Suffolk University, from which he received a BSBA
in Accounting. He will replace John A. Wozniak. Wozniak, who will be leaving the
Company at the end of the fiscal year, has made a valuable contribution to the
Company's financial improvement.

Woolworth Corporation operates nearly 8,000 stores in North America, Europe,
Australia, and Asia, with names such as Foot Locker, Northern Reflections,
Woolworth After Thoughts, and Champs Sports.