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Don't blame Amazon for the death of Toys "R" Us.It's true, online shopping didn't help matters, but the struggles of Toys "R" Us predate the boom in online shopping. Many of its wounds were self-inflicted.The company's biggest problem: It was saddled with billions of dollars in debt. That debt stopped it from making the necessary investment in stores. And that meant an unpleasant shopping experience that doomed the chain. The company told employees Wednesday that it would close or sell its US stores after 70 years in business."If you're going to have that breadth of inventory, you need someone in the store to help you find it, help you experience it," said Greg Portell, lead partner at retail consultant A.T. Kearney. "It's hard to sell toys in a cold, warehouse environment."Even Toys "R" Us CEO David Brandon conceded in an SEC filing last fall that the company had fallen behind competitors "on various fronts, including with regard to general upkeep and the condition of our stores."Toys "R" Us' debt problems date back to well before Amazon was a major threat. Its debt was downgraded to junk bond status in January of 2005, at a time when Amazon's sales were just 4% of their current level.A year later the company was taken private by KKR, Bain Capital and real estate firm Vornado. The .6 billion purchase left it with .3 billion in debt secured by its assets and it never really recovered.The toy store faced several other big challenges at about the same time. There was the rise of big box retailers like Walmart, which now dwarfs Toys "R" Us in total toy sales. Last year toymakers Mattel and Hasbro each sold about billion worth of their toys at Walmart, more than twice as much as what they sold through Toys "R" Us. Target sold just about as many of their as Toys "R" Us last year.And like most retailers, Toys R Us also lost sales to online rivals such as Amazon that offered lower prices and quick shipping.But much of the chain's resources were devoted to paying off that massive debt load rather than staying competitive.When Toys "R" Us filed for bankruptcy in September 2017, it disclosed it had about billion in debt and was spending about 0 million a year just to service that debt.That burden crowded out critical strategic priorities, like making its stores a nice place to shop and paying employees.Tell us: How will you remember Toys 'R' Us?Brandon said in a filing last fall that the bankruptcy process would allow it to invest million in its stores. The company hoped to add playrooms where kids could try out toys and spaces for birthday parties, but it never got the chance.Brandon also vowed to spend more money on staff. With extremely low unemployment, competitors like Walmart are raising wages, while Toys 'R' Us was having trouble attracting the kind of help it needed. It said last fall it would spend million from 2018 to 2021 to raise starting wages and to reward and keep its most effective employees."Better employees make for happier customers," Brandon said in the filing.Despite sharply declining sales, Toys "R" Us was also extremely late to the game in closing stores. At the time of its bankruptcy filing, the chain had 1,697 stores -- more than it had ever had.In January, it announced plans to shut 182 US stores. Last month it filed for the equivalent of bankruptcy for its UK operations, where it had 105 locations. On Wednesday, hours before announcing the decision to close its US operations, it said it would close the last 75 UK stores.But the closings in recent weeks were far too little, too late. And as a result, now all of US stores will close, and probably most foreign stores as well.The-CNN-Wire 3698

EL CAJON, Calif. (KGTV) - After a series of crashes over the summer, people in El Cajon are calling on the city to add some safety measures to the intersection of Magnolia Avenue and Renette Avenue."It's very dangerous," says Julia Reyes, who lives near the intersection. "We have a lot of families and kids crossing through here. We have two schools near here too.""It's a regular race track," says David Pina, who also lives on the corner. He recently replaced the fence in his yard because a suspected drunk driver plowed into it over Memorial Day weekend."We were all in the house and heard a big bang in the street and all of the sudden, boom, right in the yard," he says.The intersection has stop signs for cars headed East and West. There are also cones and left-turn restrictions in the middle of the intersection. Pina says that only makes it worse."That sign ends up in the street all the time," he says of the "No Left Turn" sign in the middle of the road. He adds that people ignore the cones and drive straight through the intersection illegally.Neighbors have asked the city to install traffic-calming measures. They think a stop sign, speed humps, flashing lights or a sturdier barrier could be a solution.10News reached out to the City of El Cajon to see if there have been any discussions about adding safety measures to the intersection. A spokesperson from the Department of Public Works asked us to submit a formal public records request. Because of the holiday weekend for Labor Day, the city has not had a chance to reply to that submission.For Pina, he hopes something can be done soon. He worries that the next crash may cost him more than just a fence."My grandson sleeps in that front room," he says. "You gotta worry about the kids. I if somebody did come through that fence and come into the house, there's no chance for anybody. You got some serious issues."The City of El Cajon sent 10News the following information Thursday: 1964

EL CAJON, Calif. (KGTV) — Two people have been arrested after several leads from the El Cajon community led deputies to a stolen iron horse in Arizona.The metal sculpture depicting a horse was taken from Double S Tack and Feed in El Cajon on Oct. 2, but wasn't reported until 10 days later, according to the San Diego Sheriff's Department. Leads from several community members and businesses were "instrumental" in the investigation by providing surveillance footage, SDSO added.Investigators were eventually led to Arizona, where they say the stolen 300-pound sculpture was taken to a home in Golden Valley, Ariz.Percy Hill, 56, of Golden Valley, Ariz., and Rick Freeman, 62, of Lakeside, were both arrested for theft and booked into detention facilities in their respective areas, SDSO said.Rita Gallant, who owns the business, told 10News she purchased the horse about 15 years ago and that it has become something of a neighborhood icon.She's now coordinating with Arizona Law Enforcement to recover the iron horse. 1027

Disney CEO Bob Iger has revealed a tentative name for the company's new streaming service.In an interview with Variety, Iger refers to the service as Disney Play, which hopes to rival the crowded field that includes Netflix, HBO, Hulu, and Amazon Prime.In the past, Iger has suggested that the new streaming service will cost less than its competitors. 375

EL CENTRO, Calif. (KGTV) -- The four Marines who died in a Marine Corps helicopter crash during a training mission in El Centro Tuesday have been identified.Military officials say Capt. Samuel A. Schultz, 28, of Huntington Valley, Pennsylvania; First Lt. Samuel D. Phillips, 27, of Pinehurst, North Carolina; Gunnery Sgt. Derik Holley, 33, of Dayton, Ohio; and Lance Cpl. Taylor J. Conrad, 24, of Baton Rouge, Louisiana, all died in the crash.According to officials, the CH-53E Stallion helicopter took off from the Strategic Expeditionary Landing Field at Marine Corps Air Ground Combat Center Twentynine Palms to conduct squadron training.RELATED:  678

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