Gaga Monster 13,001 Posted March 22, 2018 Share Posted March 22, 2018 Charles Lazarus, who founded Toys "R" Us 70 years ago, died Thursday, week after the company announced it will be forced to shut down its U.S. operations. Lazarus, 94, no longer held a stake in the chain. He started the company in 1948 when he was 25, anticipating that the post-war baby boom would create demand for baby supplies and toys. He remained CEO until 1994. "He was the father of the toy business," said Michael Goldstein, who succeed him as CEO. "He knew the toys and loved the toys and loved the kids who would shop in the stores. His face lit up when he watched kids playing with toys." His death was confirmed by the company. http://money.cnn.com/2018/03/22/news/companies/toys-r-us-founder-obituary/index.html GGD Presidential Elections Link to post Share on other sites More sharing options...
PsychicGuru 1,592 Posted March 22, 2018 Share Posted March 22, 2018 Thank you Mr. Lazarus for supplying Santa with all my toys growing up. Gaga's #1 fan Link to post Share on other sites More sharing options...
Laceface 2,964 Posted March 22, 2018 Share Posted March 22, 2018 UK operations too Link to post Share on other sites More sharing options...
calmar 22,768 Posted March 22, 2018 Share Posted March 22, 2018 That's kind of an eerie coincidence. Link to post Share on other sites More sharing options...
Werk 13,166 Posted March 22, 2018 Share Posted March 22, 2018 Just now, calmar said: That's kind of an eerie coincidence. It's kind of......"surreal" if you ask me Link to post Share on other sites More sharing options...
bionic 50,111 Posted March 22, 2018 Share Posted March 22, 2018 Spooky coincidence Link to post Share on other sites More sharing options...
Hi Its Nicole 5,428 Posted March 22, 2018 Share Posted March 22, 2018 Thx for all the toys u gave us! We will all miss you! Hello Gaga Link to post Share on other sites More sharing options...
Economy 52,844 Posted March 22, 2018 Share Posted March 22, 2018 1 hour ago, calmar said: That's kind of an eerie coincidence. I wonder at that fragile age if a disheartening of seeing his life company fail played a role Even Corporations aren't above failing. As an investor I have to analyse different stocks all the time Ppl hate on Corporations for being money hungry etc... But truth is, due to competition the vast majority of Corporations have profit margins of no more than 5% to 10%. Some struggling companies run losses. The profit numbers sound huge sometimes but when you break it down by unit to their size in proportion it really isnt Of course there's exceptions. Some Corporate elites like Apple, McDonald's etc consistently make a lot of money but they don't accurately represent the Corporate world as a whole I never as a kid pictured toys r us failing Link to post Share on other sites More sharing options...
TimisaMonster 31,073 Posted March 22, 2018 Share Posted March 22, 2018 Poor thing the stress and anxiety of losing his business Stream my new single, 💜"Heartbeat"💜, on Spotify! Link to post Share on other sites More sharing options...
Guest Posted March 22, 2018 Share Posted March 22, 2018 I think it's sad that children of this generation play less with toys and more with ipads/phones. In a way it kinda kills creativity and simplicity, although it's arguable and there might be some creative apps that allow some kids to create stories (never seen that but maybe i'm wrong), I still think that a simple doll or a simple truck and your imagination is so important and magical. edit: i know that toys r us isn't a success right now because of the internet selling toys with better prices + more convenient than going to a store and having to wait in line to pay, causing too much stress. but i still see a shift and a change with kids right now, they love ipads, and apps and playing games on a screen. Just my observation Link to post Share on other sites More sharing options...
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