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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


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                                    FORM 8-K


                                 CURRENT REPORT


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



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Date of Report (Date of earliest event reported):  August 13, 1997





                              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



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Item 5.     Other Events.

            On August 13, 1997, the Registrant announced that Reid Johnson had
been named Senior Vice President and Chief Financial Officer of the Registrant,
effective September 8, 1997. (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.


                                   SIGNATURES


            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
                                             (Registrant)


Date:  August 14, 1997              By: /s/JOHN H. CANNON
                                        ----------------------------
                                        John H. Cannon
                                        Vice President and Treasurer









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                              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
                                                       August 13, 1997


- -----------------------------
  * Not applicable.




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