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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

Florida Gov. Rick Scott announced a multi-point action plan Friday to make "major changes" to help keep students safe following last week's shooting at Marjory Stoneman Douglas High School.FULL COVERAGE: Parkland school shootingDuring an 11 a.m. news conference, Scott said he wants to use 0 million to improve school safety and mental health.  The governor said he will be working with the state Legislature over the next two weeks regarding the action plan.   522

For months, President Donald Trump and Democratic presidential nominee Joe Biden have been crisscrossing the country soliciting votes. But there's been one swing state they won't be able to visit — outer space.Thanks to a special law passed in Texas in 1997, NASA astronauts aboard the International Space Station (ISS) are able to "vote while they float."Astronaut Kate Rubins became the latest NASA official to vote from the outer limits on Thursday. She even created a "voting booth" on the ISS to feel more at home.According to The Washington Post, astronaut John Blaha first raised concerns about an astronaut's extra-terrestrial right to vote in 1996, when he was aboard Russian space station Mir during that year's presidential election. 752

Former Democratic presidential candidate Hillary Clinton sent mixed messages when she said she did not want to run for president again, but after hesitating she added that she would like to be president someday.When asked by tech magazine Recode's Kara Swisher at a taping Friday of the Recode Decode podcast whether she wanted to run for president again, Clinton said, "No, no."But after a pause and some prodding from Swisher, Clinton said, "Well, I'd like to be president.""I think, hopefully, when we have a Democrat in the Oval Office in January of 2021, there's going to be so much work to be done," she elaborated, later adding, "The work would be work that I feel very well prepared for, having been at the Senate for eight years, having been a diplomat in the State Department, and it's just going to be a lot of heavy lifting."When Swisher asked whether Clinton would be doing that heavy lifting, Clinton replied, "Oh, I have no idea. ... I'm not even going to even think about it till we get through this November 6 election about what's going to happen after that."Swisher tweeted Monday morning that Clinton seemed to mean she would have preferred to win the presidency in 2016, not that she planned to pursue it again."Tweeps, simmer down!" Swisher tweeted. "While it perhaps sounded like @HillaryClinton refused to rule it out, my take is she was basically implying she wishes she were president but doesn't relish running again." 1468

Fox News and ABC News report that President Trump has submitted written answers to questions posed by special counsel Robert Mueller. Trump told reporters before boarding Marine One that he finished the written answers on Monday and provided them to his lawyers, and that he expects them to submit the responses "today or soon." "The written answers are finished," Trump said. "The written answers to the witch hunt that's been going on forever."Asked whether he thought Mueller would be fair, Trump said he hopes so.The responses from the President signify a major development in the Mueller probe following months of negotiations between the special counsel's office and Trump's legal team, and could be a sign of the end stages of the investigation.But it's not yet clear whether the answers will be enough for Mueller to finish his investigation, as there could be additional questions — and the special counsel's office could still try to pursue an in-person interview with Trump.Trump and his legal team balked at some of the questions from Mueller that covered the presidential transition and Trump's time in the White House, believing those could be off limits due to executive privilege, CNN has previously reported.The questions also cover only issues related to the potential collusion investigation and not the probe into possible obstruction of justice.Once Trump submits his answers, the ball will be back in Mueller's court to decide whether to pursue additional questions, follow-ups to the President's response or an in-person interview.When Trump's legal team agreed to answer questions about collusion, they put off decisions about answering questions related to obstruction or sitting down for an interview. And Trump suggested in a recent interview with "Fox News Sunday" that those could be off the table."I think we've wasted enough time on this witch hunt and the answer is probably, we're finished," Trump told Fox's Chris Wallace when asked if he would say no to an in-person interview or providing answers on obstruction questions.If Trump's legal team rebuffs further inquiries from Mueller, it will be up to the special counsel to decide whether he has enough to finish writing his report or he needs an interview. Mueller could try to subpoena Trump for an interview, but Deputy Attorney General Rod Rosenstein and acting Attorney General Matt Whitaker likely would need to sign off on that decision.The big looming question over the agreement for Trump to provide the written answers related to the period during the campaign is whether that satisfies Mueller's questions about the transition and inauguration. Trump's legal team was provided a list of questions in the spring that included asking about efforts during the transition to establish a back channel to Russia and a 2017 meeting in the Seychelles involving Trump ally Erik Prince, a businessman and founder of the private security company formerly known as Blackwater.The-CNN-Wire 2991

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