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U.S. NEWS A7
                                                                                                                                                               Friday 23 March 2018

$10

Toys R Us founder dies days after chain's announced shutdown

                                                                                         ing toys after a couple of     grab and fill up themselves,     first Toys R Us in Japan.
                                                                                         years when customers be-       supermarket-style.In 1965,       He himself loomed large
                                                                                         gan asking for them, and       Geoffrey the giraffe be-         over his industry at the
                                                                                         he quickly concluded that,     came the company's mas-          heyday of his company,
                                                                                         in the baby-boom years,        cot, appearing in his first TV   personally traveling to the
                                                                                         toys were a more lucrative     commercial in 1973. By the       annual Toy Fair in Manhat-
                                                                                         business than furniture.       1980s and early 90s, Toys R      tan. Thousands of buyers
                                                                                         He opened his first store      Us dominated the toy-store       from around the world at-
                                                                                         dedicated to selling only      business and its jingle, "I'm a  tend but back then, it was
                                                                                         toys in 1957, calling it Toys  Toys R Us kid" became an         Lazarus whom manufactur-
                                                                                         R Us with the "R'' spelled     anthem for children across       ers were most anxious to
                                                                                         backward to give the im-       the country.                     impress, said Marc Rosen-
                                                                                         pression that a child wrote    In 1992, Lazarus traveled        berg, a veteran toy mar-
                                                                                         it. Shopping carts stood       with President George H.W.       keter and founder of Sky-
                                                                                         ready for customers to         Bush for the opening of the      BluePink Concepts.q

In this 1992 photo, President George H. Bush, left, listens to Toys
R Us Chairman Charles Lazarus, right, as he visits the toy chain's
second store to open in Japan. Lazarus, the World War II veteran
who founded Toy R Us, has died at age 94. Toy R Us confirmed
Lazarus’ death in a statement Thursday, March 22, 2018.

                                                                             (AP Photo)

By ALEXANDRA OLSON               vive the trends of the digital
NEW YORK (AP) — Charles          age, namely competition
P. Lazarus, the World War        from the likes of Amazon,
II veteran who founded           discounters like Walmart
Toys R Us six decades ago        and mobile games. No lon-
and transformed it into an       ger able to bear the weight
iconic piece of Americana,       of its heavy debt load, the
died Thursday at age 94, a       company announced last
week after the chain an-         week that it would close or
nounced it was going out         sell its 735 stores across the
of business.                     country, including its Babies
Toys R Us confirmed Laza-        R Us stores.
rus' death in a statement.       But for decades, it was Toys
"There have been many            R Us that drove trends in
sad moments for Toys R           child's play, becoming a
Us in recent weeks, and          launchpad for what be-
none more heartbreaking          came some of the indus-
than today's news about          try's hottest toys.
the passing of our beloved       Lazarus, the son of a bicy-
founder, Charles Lazarus,"       cle store owner, modeled
the company said. "Our           his business after the self-
thoughts and prayers are         service supermarkets that
with Charles' family and         were becoming popular
loved ones."                     in the 1950s, stacking mer-
Lazarus, who stepped             chandise high to give shop-
down as CEO of Toys R Us         pers the feeling it had an
in 1994, transformed the         infinite number of toys. The
toy industry with a business     stores created a magical
model that became one of         feeling for children roam-
the first retail category kill-  ing aisles filled with Barbies,
ers — big stores that are so     bikes and other toys laid
devoted to one thing, and        out in front of them.
have such an impressive          The chain has its roots in
selection, that they drive       Children's Bargain Town,
smaller competitors out of       the baby furniture store
business.                        that Lazarus opened 1948
More recently, Toys R Us         in his hometown of Wash-
found itself unable to sur-      ington, D.C. He began sell-
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