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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

FREDERICK, Colo. (AP) — After his pregnant wife and two daughters disappeared, Christopher Watts stood on his porch in Colorado and lamented to reporters how much he missed them.He longed for the simple things, he said, like telling his girls to eat their dinner and gazing at them as they curled up to watch cartoons."Last night, I had every light in the house on. I was hoping that I would just get ran over by the kids running in the door, just barrel-rushing me, but it didn't happen," he told Denver TV station KMGH.On Thursday, Watts was in jail after being arrested on suspicion of killing his family, probably before he spoke those words. Authorities did not offer a motive.The body of 34-year-old Shanann Watts was found on property owned by Anadarko Petroleum, one of the state's largest oil and gas drillers, where Christopher Watts worked, police said. Investigators found what they believe are the bodies of 4-year-old Bella and 3-year-old Celeste nearby on Thursday afternoon."As horrible as this outcome is, our role now is to do everything we can to determine exactly what occurred," John Camper, director of the Colorado Bureau of Investigation, said at a news conference in Frederick, a small town on the grassy plains north of Denver, where fast-growing subdivisions intermingle with drilling rigs and oil wells.Watts, 33, has not been formally charged. A judge ordered him held without bail and told prosecutors to file charges by Monday afternoon. He set a Tuesday hearing to review the case.As he was escorted into the courtroom, Watts did not speak. He looked down for much of the hearing but made eye contact as the judge reviewed his rights.Watts's attorney, James Merson of the Colorado State Public Defender's Office, left without commenting to reporters. He did not immediately respond to a voicemail left at his office Thursday by The Associated Press.A family friend reported Shanann Watts and her daughters missing on Monday, police said.In his previous interviews with Denver TV outlets, Christopher Watts said his wife of nearly six years returned home about 2 a.m. Monday after a flight for a work trip was delayed.He said the two had an "emotional conversation" before he left for work a few hours later and that he became concerned after she did not return his calls or texts or those of her friends. He said he came home to an empty house after a friend knocked on the door at noon and got no answer.Shanann Watts' Facebook account paints a portrait of a happy married life, with a constant feed of photos and videos of friends, relatives and herself. Her comments were typically upbeat, whether she was running errands, playing with her kids or promoting a health program. The couple got married in North Carolina nearly six years ago and moved to Colorado around the same time.She posted selfies of her and her husband smiling in restaurants, at the ocean on vacation and at their house. On May 5, she wrote: "I love this man! He's my ROCK!"On June 19, she posted a photo of some texts with her husband after sending him a picture of a sonogram. He replied that he loved the baby already. She posted: "I love Chris! He's the best dad us girls could ask for."Her page has photo collages and video slide shows praising Chris Watts, describing how their love was growing stronger and how he gave her the strength to have a third child.The couple's 2015 bankruptcy filing captures a picture of a family caught between a promising future and financial strain. The filing estimated that they had the same range of assets as liabilities, according to court records.At the time, Christopher Watts worked for Anadarko, earning about ,500 a year as an "operator." His wife was working at a call center at a children's hospital, making about per hour. Combined, they earned ,000 in 2014.But they also had tens of thousands of dollars in credit card debt, along with some student loans and medical bills — for a total of ,000 in unsecured claims on top of a sizable mortgage.A spokeswoman for the oil company said Christopher Watts was fired Wednesday, but she declined to provide any details, citing the active investigation.Shanann Watts was one of the first customers to visit Ashley Bell's tanning salon in nearby Dacona two years ago. The two women quickly became friends, and before long they were texting or calling each other almost daily. Their daughters also played together during salon visits.On Thursday, Bell and her family added several items to a memorial of stuffed toys, candles and flowers on the lawn of the Watts family home.Bell said she never detected that anything was wrong between Shanann and her husband. Bell also got to know Christopher Watts and described him as a loving father."I just don't understand it," she said, reaching out to accept a flower that her daughter picked from a nearby lawn.Shanann worked from home as a saleswoman for a freeze-dried food company and took her two girls everywhere, Bell said."She was always about her girls," Bell said. "She would do anything for her girls."One day she came into the salon and announced that she couldn't tan for a while, then grinned and confirmed she was pregnant.Shanann's father, Frank Rzucek, said on Facebook that the family did not want to talk to the media.  5304

FORT LAUDERDALE, Fla. — The U.S. set another daily record in new cases of the coronavirus Thursday, according to a database kept by Johns Hopkins.The U.S. as a whole reported about 52,300 new cases of the virus on Thursday. Of those cases, about 25,000 were reported in four states: Arizona, California, Florida and Texas.According to Johns Hopkins, the U.S. has set a daily record in new COVID-19 cases in five of the last nine days.All but 10 U.S. states are showing an increase of confirmed cases over the last 14 days, according to data compiled by the COVID Tracking Project. Nebraska and South Dakota were the only states outside the Northeast with a decrease in cases, but those states are also recording higher positive test rates. 748

For the first time in more than a decade, a new treatment to improve brain function for Alzheimer’s disease has been submitted to the Food and Drug Administration (FDA) for review.This was after the drug trial was stopped and then a second look revealed some promising results.The Waterhouse family has seen the impact of Alzheimer’s firsthand.Gina and Steve Waterhouse have been a team most of their lives. They’ve been married for 43 years and ran several businesses together. Then in 2016, things started to change. Gina didn’t notice anything but employees at the family's businesses did.“I wasn't remembering some of the stuff I was supposed to be doing,” said Gina.Gina was diagnosed with early Alzheimer's disease that year.“They said, 'well you can come back in a year. We will check and see how you're doing, or we have a drug trial if you're interested,'” said Gina.Gina and Steve spent the next two and a half years at the Mayo Clinic, where Gina eventually got high doses of the drug aducanumab.Steve started to notice Gina was remembering more things and reported it back to doctors.“He just smiled and said, 'let me tell you what we're seeing. We're seeing cognitive improvement. And it’s the first time in my career.' These doctors said in their career that we've ever seen it,” said Steve.“He was so excited,” said Gina.Then in 2019, the drug trial suddenly ended. Gina says she felt like she’s gone downhill a little since it did.Rebecca Edelmeyer, PhD, with the Alzheimer’s Association, says the trial stopped early based on a futility analysis.“It was a statistical analysis that was done by the Biogen team, predicting that the trial would not actually be successful,” said Edelmeyer.Edelmeyer says then upon a second look at the trial data, they found that those people on the highest dose of the drug were seeing improvement in their brain function. She called it a very important moment for the Alzheimer’s research community.Now, the government will determine whether or not the drug is safe and effective enough to use.Steve mentioned there were some possible side effects like bleeding of the brain, but Gina did not experience any.Meanwhile, Gina can no longer take the drug. She and Steve have decided to retire.“We just decided tomorrow has to come today and we're having a great time. We're loving life,” said Gina.You can learn more about aducanumab here. 2394

For the first time, a major political convention was held virtually instead of before thousands of partisans. Thanks to the coronavirus pandemic, the Democratic National Convention was held remotely with convention participants speaking from their hometowns.CLICK HERE TO WATCH REPLAY OF MONDAY'S CONVENTIONBut the adapted program allowed the Democrats to produce a two-hour made-for-TV event was tightly woven, with addresses pared down from past speeches.Monday’s convention speakers featured Sen. Bernie Sanders, former First Lady Michelle Obama, and former Ohio Gov. John Kasich, a Republican who ran against President Donald Trump for the GOP nomination in 2016.Kasich, former Republicans stump for BidenKasich highlighted a group of disenchanted Republicans who have turned toward Joe Biden despite being lifelong Republicans. Kasich opposed President Donald Trump for the GOP nomination in 2016.Kasich, delivering prerecorded remarks, tried to make the case that it is important to put party over politics. Despite political pressure from the liberal flank of the Democratic Party on Biden, Kasich said he believes Biden will not “turn sharp left.”“I know the measure of the man,” Kasich said. “Reasonable. Faithful, respectful and no one pushes Joe around. Joe Biden is a man for our times. Times that call for all of us to take off partisan hats and put the nation first ourselves and our children.”Preceding Kasich was former Rep. Susan Molinari, who was once a keynote speaker at the Republican National Convention in 1996, and former New Jersey Gov. Meg Whitman.Sanders acknowledges disagreement on health careSanders acknowledged that he and Biden still have major differences in health care policy, but added that Biden “has a plan that will greatly expand health care.”“As you know, we are the only industrialized nation not to guarantee health care for all people,” Biden said. “While Joe and I disagree on the best path to get to universal coverage, he has a plan that will greatly expand health care and cut the cost of prescription drugs. Further, he will lower the eligibility age of Medicare from 65 to 60.”Sanders, like most speakers on Monday, pointed his attack toward the president for his handling of the coronavirus pandemic.“This president is not just a threat to our democracy, but by rejecting science, he has put our lives and health in jeopardy,” Sanders said. “Trump has attacked doctors and scientists trying to protect us from the pandemic, while refusing to take strong action to produce the masks, gowns, and gloves our health care workers desperately need.”Michelle Obama revisits ‘we go high’One of the highlights of the 2016 Democratic National Convention was Michelle Obama’s infamous line, “When they go low, we go high.” On Monday she reminded Democrats to continue to take the high road.“So what do we do now? What’s our strategy? Over the past four years, a lot of people have asked me, ‘When others are going so low, does going high still really work?’ My answer: going high is the only thing that works, because when we go low, when we use those same tactics of degrading and dehumanizing others, we just become part of the ugly noise that’s drowning out everything else,” Obama said. “We degrade ourselves. We degrade the very causes for which we fight.”The former first lady had the final speaking spot during Monday’s opener.“Let me be as honest and clear as I possibly can,” Obama said. “Donald Trump is the wrong president for our country. He has had more than enough time to prove that he can do the job, but he is clearly in over his head. He cannot meet this moment. He simply cannot be who we need him to be for us. It is what it is.” 3698