The Toys “R” Us Legacy Comes To An End

Paul Armendariz, Staff Writer

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On April 5th, the company Toys “R” Us announced that they will be closing down their stores across the globe. It was only a week after this development when the founder of Toys “R” Us, Charles Lazarus, was said to have died of respiratory failure.

Charles Lazarus, pictured with an original Toys “R” Us toy truck.

        Toys “R” Us was created by Lazarus almost 70 years ago, in 1948. The company was originally named “Lazarus’s Children’s Furniture Store”, which, as the name states, sold children’s furniture. Lazarus then wittyling considered what children were interested in, and started to add toys to the stores. Soon after, the company rebranded to the Toys “R” Us we know know and love, that has been thriving for many years. Other businesses were added to the franchise, such as Babies “R” Us and the now-defunct Kids “R” Us. Things had been looking good for the company, and profit was booming…

   …Up until now. While Lazarus’s death was pure coincidence, many have thought that his death has signified that the Toys “R” Us legacy has finally come to an end– and for good reason, too.

  With the rise of online shopping coming at full steam, many department stores are struggling to get business. This is no exception for the once thriving toy-store Toys “R” Us, having filed for bankruptcy last year. The holiday season had been the company’s last attempt to make some cash, but unfortunately added more debt.

  Other businesses, such as Amazon and Walmart, also helped with Toys “R” Us’s fall out. As these companies are known for selling a diverse collection of items for relatively cheaper prices, more people tend to shop with them (usually online). Toys “R” Us typically only sells toys, and charges more for them then the other businesses.

   Surprisingly, many have made great attempts to keep the stores from closing down. The most recent one was when MGA Entertainment CEO Isaac Larian bid a whopping amount of $675 million to keep a selection of American Toys “R” Us stores open, but the bid was ultimately shot down. Other things have been enacted, such as charities or campaigns, but it currently seems that there is nothing stopping the shutdowns.

  What do you think about Toys “R” Us shutting down? Please feel free leave your opinion in the comments below.

3 Comments

3 Responses to “The Toys “R” Us Legacy Comes To An End”

  1. fellow reader on May 15th, 2018 10:33 am

    Its probably going to be really weird to not have this brand around anymore

    [Reply]

  2. Carlos Lozano on May 15th, 2018 3:10 pm

    Kids now will never have a good childhood anymore

    [Reply]

  3. Alexia Leon on May 16th, 2018 3:48 pm

    I know why they are doing it. A hint is because of something that starts with a A

    [Reply]

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