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For years, Toys "R" Us was an American success story.Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys "R" Us told employees that it would close or sell all its stores in the United States.It's an ignominious end for the company that was once the toy industry's powerhouse. In the second half of the 20th century, just after the Baby Boom, Toys "R" Us grew into a dominant retail chain thanks to its low prices and a knack for keeping the nation's hottest toys in stock."Toys 'R' Us, Big Kid on the Block, Won't Stop Growing," a Wall Street Journal headline blared in 1988.It all started in 1948, when Charles Lazarus, age 25, opened a baby furniture store called Children's Bargain Town in Washington, D.C. He knew Americans returning from World War II were starting families and needed somewhere to stock up on nursery decor.But before long, Lazarus discovered that the real money was not in cribs, but in toys.Toys break, or go out of fashion — which means parents need to go to the store more often, Toys "R" Us explains in its online company history.In 1957, Lazarus opened his first store stocked only with toys. It was modeled after a supermarket, with items stocked high on shelves and a wide assortment of choices. He named it Toys "R" Us — with a backwards "R" in the logo that was supposed to look it it was drawn by a kid.The mainstays of the iconic Toys "R" Us marketing campaigns emerged over the next two decade. Dr. G. Raffe, which had been used to advertise Children's Bargain Town, became "Geoffrey."In a Washington Post ad from 1970, an eager Geoffrey touted "super giraffic selections" inside "super giraffic stores!" Geoffrey made his first TV appearance in 1973. The "I don't want to grow up" jingle made its debut in the early 1980s.In the meantime, Toys "R" Us was booming.The company went public in 1978 after the bankruptcy of onetime parent Interstate Stores. It quickly became a Wall Street favorite. In 1980, the Los Angeles Times called Toys 'R' Us "one of the New York Stock Exchange's hottest stocks.""What we are is a supermarket for toys," Lazarus told the Washington Post in 1981. "We don't have a competitor in variety. There is none."The Washington Post story favorably compared Toys "R" Us to another American giant: McDonald's."Like McDonald's, with its regimented service and standardized burgers and fries, Toys 'R' Us has become an American institution," the article said.Toys 'R' Us was also known in the corporate world for its sophisticated use of computers."One thing that sets the Toys 'R' Us operation apart is that Mr. Lazarus knows precisely what his customers are buying," a 1985 Wall Street Journal article said. "Each product is tracked by computer, and that helps the chain spot hot-selling items weeks before most competitors do."Lazarus also kept his stores stocked with a variety of baby products, like diapers and formula, so shoppers would have a reason to shop year-round.Things started to go awry in the 1990s. In 1994, Lazarus stepped down as CEO. But the biggest change came when Walmart started offering lower prices on diapers, according to toy industry analyst Jim Silver.While Toys "R" Us remained a destination during the holidays, it lost regular shoppers during the rest of the year."That changed everything," Silver said.In 2001, Toys "R" Us opened a flagship store in Times Square, complete with a 60-foot Ferris wheel and a life-size Barbie dollhouse, in order to juice enthusiasm. But the costs were "astronomical," Silver said.On shaky ground, Toys "R" Us was taken private by a group of private equity firms in 2005. Bain Capital, Kohlberg Kravis Roberts & Co. and Vornado Realty Trust bought the company for .6 billion.Saddled with debt, the store was not able to pour enough money into necessary, innovative changes. By the time Amazon ruled the online shopping ecosystem, Toys "R" Us was lightyears behind — despite an early partnership with Amazon in 2000. The agreement to jointly sell toys online ultimately went sour and ended after a court fight."Walmart had a better online experience. Target had a better online experience," Silver said. "They lost online and they didn't adapt."In 2015, Toys "R" Us closed its Times Square mega-store. It was the beginning of the end.A dismal 2017 holiday season was the death knell. Toys "R" Us will run out of cash in the United States in May 2018, according to a recent bankruptcy filing."Everything is up for sale," Toys "R" Us CEO David Brandon told employees on a conference call earlier this week. 4609

Former White House national security adviser Michael Flynn has expressed concern about the potential legal exposure of his son, Michael Flynn Jr., who, like his father, is under scrutiny by special counsel Robert Mueller, multiple sources familiar with the matter tell CNN.Flynn's concern could factor into decisions about how to respond to Mueller's ongoing investigation. The special counsel is looking into Russian meddling in the 2016 campaign as well as the business dealings of key campaign advisers to President Donald Trump.Flynn's wife, Lori, shares his concerns about their son's possible legal exposure, according to a person who knows the family.Interviews conducted by special counsel investigators have included questions about the business dealings of Flynn and his son such as their firm's reporting of income from work overseas, two witnesses interviewed by the team told CNN. The Foreign Agents Registration Act (FARA) requires people acting as agents of foreign entities to publicly disclose their relationship with foreign countries or businesses and financial compensation for such work. 1116

For just the third time on record, a fourth tropical storm has formed in the Atlantic basin by the end of June, marking an active start to hurricane season.Tropical Storm Dolly formed on Tuesday off the coast of Maine, packing top winds of 45 MPH as of the 5 p.m. advisory from the National Hurricane Center. The system is not expected to strengthen into a hurricane, and should weaken into a depression over the next day.The system is notable as it’s the second-earliest system to use a “D” name in the Atlantic.Last month, experts from the National Hurricane Center said that the 2020 hurricane season would likely be above average.“NOAA’s analysis of current and seasonal atmospheric conditions reveals a recipe for an active Atlantic hurricane season this year,” said Neil Jacobs, Ph.D., acting NOAA administrator. “Our skilled forecasters, coupled with upgrades to our computer models and observing technologies, will provide accurate and timely forecasts to protect life and property.”Government forecasts projected there would be 13 to 19 tropical storms in the Atlantic. The last four hurricane seasons have been considered above average, with 2019 measuring as the fourth-most active Atlantic hurricane season in history. 1238

FLORIDA — Kratom is a natural plant native to Southeast Asia that has been used in the region for decades, but it's fairly new to the United States.Some people say it's helped them in reducing pain and has helped addicts recover. But others say it's dangerous and could even be deadly. Experts said it's been linked to deadly overdoses. The Drug Enforcement Administration (DEA) identified 15 deaths connected to Kratom from 2014 to 2016. The FDA records at least 44 Kratom related deaths in the last decade. One of these deaths is 27-year-old Christopher Waldron. His mother, Laura Lamon says he was her only son and the love of her life.  On July 17th, 2017 she got a call from Tampa police. “He [investigator] said your son is deceased. I lost it. I just started yelling and I don't remember much after that,” Lamon said. Lamon thought that he had overdosed on narcotics, but a month later she received an autopsy report that indicated the cause of death was intoxication by Kratom, and strictly Kratom, according to the Hillsborough medical examiner. "I was shocked and then when I got it. I thought, 'What is this?' I had found some things in his room and I saw the packages of what he had taken but I didn't know much about it,” Lamon said. Director of SalusCare Steven Hill says one of the biggest dangers with Kratom is that it’s not regulated or monitored. “You never know exactly what you're getting. Anything could be in the packaging. There could be different levels of the active substance,” Hill said. Lamon believes that if the plant was properly labeled, her son would have survived. “There was no label on it at all. it didn't have a dosage amount, didn't have a warning label, didn't say don't mix it with this or that, if you have this condition, or whatever. a bottle of Tylenol has that on there,” Lamon said. She says that it is so devastating because her son didn’t want to die. She doesn't necessarily want to see Kratom banned, but thinks it should be researched and much more regulated.“It absolutely should be banned, it’s like playing a game of roulette,” Steven Hill, director of SalusCare, said. Adrianna Marrone, manager of Up in Smoke in the Cape says Kratom came to the U.S. recently, and now it’s one of their best sellers. “Just to help with the aches and pains and anxiety and depression,” Marrone said. A former addict, Amanda Raska, says that Kratom helped her overcome drugs. “He told me about Kratom and that day I tried and I never touched another pill, it literally saved my life,” Rasksa said. Raska said she started using Kratom five months ago when a friend who was also an addict told her about it. Before using the plant, she couldn't get out of bed without taking prescription pills. “It was a horrible life, I have 5 kids so i could not even take care of my children,” Raska said. She said that she grew up around addicts and has an addictive personality, but said Kratom isn’t addicting. If she goes without it, there’s no symptoms of withdrawal.Steven Hill says that he saw firsthand how people react to the drug. “It’s happened on our detox where people are coming in and the issue is with Kratom,” Hill said. Hill said the experience of taking Kratom can be described as a quick down feeling followed by hallucinations and visualizations. In 2016, there were less than 100 poison control calls regarding the drug, and by the middle of 2018, the number of calls were approaching 700. “So we're seeing more and more use and we're seeing the health concerns and health issues also go up. ER visits spiked,” Hill said. In August 2016, the DEA announced an intent to ban Kratom, but after strong reaction from the public, it was labeled as pending analysis. “We've seen and heard of people who have very bad reactions. people who have had to be hospitalized,” Hill said.  3982

Following President Donald Trump's rally in West Virginia on Tuesday evening, Aerosmith's frontman Steven Tyler was not pleased that the president used an Aerosmith song before the rally. On Wednesday, a rep for Tyler sent Trump a cease and desist letter to stop using Tyler's music during rallies, according to a copy of the letter obtained by CNN reporter Jim Acosta. The letter was filed by the LaPolt Law firm in West Hollywood, Calif. “By using ‘Livin’ On The Edge’ without our client’s permission, Mr. Trump is falsely implying that our client, once again, endorses his campaign and/or his presidency, as evidenced by actual confusion seen from the reactions of our client’s fans all over social media,” the letter stated.The letter indicates that Aerosmith has previously sent Trump orders to stop using the band's music. On Tuesday, "Livin' On The Edge" was played before the president appeared on stage. “What makes this violation even more egregious is that Mr. Trump’s use of our client’s music was previously shut down, not once, but two times, during his campaign for presidency,” the letter states.Tyler is not the only artist who has sent Trump a letter ordering him to stop playing their music at rallies. For instance, during the 2016 Republican National Convention, Queen asked for Trump and RNC to stop playing its music.  1374