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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

Dramatic video was recorded of deputies in Martin County, Florida chasing a suspected teen carjacker this past weekend.  According to a post on the sheriff's office Facebook page, a 17-year-old boy from Boynton Beach was traveling northbound at speeds of 100 mph on Interstate 95 in a stolen car.Over the weekend, deputies said they received a call about a suspected armed and dangerous carjacker moving through Martin County. 464

Each year it is the duty of the Governor of this state to proclaim the following as days of special observance; January 19, "Robert E. Lee Day"; February 12, "Abraham Lincoln Day"; March 15, "Andrew Jackson Day"; June 3, "Memorial or Confederate Decoration Day"; July 13, "Nathan Bedford Forrest Day"; and November 11, "Veterans' Day"; the Governor shall invite the people of this state to observe the days in schools, churches, and other suitable places with appropriate ceremonies expressive of the public sentiment befitting the anniversary of such dates. 566

EL CAJON, Calif. (KGTV) -- One person was taken to the hospital after an El Cajon home where a man was beaten to death with a pan in late 2018 was set on fire Thursday night. According to authorities, the fire started on the 1200 block of Naranca Avenue just after 7 p.m. Nine people were displaced by the fire. Heartland Fire says the flames were contained to one bedroom. RELATED: 911 calls detail life at El Cajon independent living facility where man was attackedThe man who was taken to the hospital suffered cuts to his hands after trying to break through a window. Fire officials said the injuries were minor.The fire broke out in the same independent living home where a man was beaten to death with a frying pan in late 2018. RELATED: Not guilty plea for accused El Cajon "frying pan killer" at halfway houseMatthew McCarthy, 39, was killed in December after prosecutors say his roommate Brad Payton hit him in the face several times with a frying pan.Matthew had been staying at the home on Naranca Avenue after being stabbed outside a convenience store in Lakeside. Matthew, who was homeless before he moved into the home, had a developmental disability. RELATED: Police called from home 78 times leading up to murder with frying panEl Cajon police were called to the home 78 times in 2018 alone, according to records. 1338

EL CAJON, Calif. (KGTV) - An upset burglary victim says she didn't get emotional when she saw the surveillance video, until she heard what the intruders did.Just off Applewood Drive around 4 p.m. Sunday, Michele returned home from grocery shopping with her 7-year-old daughter."I saw the bedroom was in complete disarray, grabbed my daughter and said, 'Let's get out of the house right now,'" said Michele.Ring doorbell video shows what happened: three men cased the home, then approached and hopped over her fence. Moments later, the three bag-toting men ripped off the screen of a back window and climbed in.The sound of Michele's dog, a 10-year-old Miniature Schnauzer named Trixie, is heard barking and then there is another noise: a pained whimpering lasting more than five seconds."Something was done to her to cause her pain.  It brought me to more tears than knowing we'd been violated," said Michele.About half an hour later, two of the men are seen leaving through the window, swatting at and toppling a camera on the way out.They would make off with electronics, a handgun and dozens of pieces of jewelry, including some priceless family heirlooms. Also gone was Michele's diamond and platinum wedding ring set."There was sentimental value for sure," said Michele.But Michele says she's thankful Trixie wasn't hurt badly. She also says missing the burglars by minutes was a literal blessing because she had stopped at church for a few minutes before coming home. "Really blessed to have God's protection," said Michele.Michele posted the videos on the Neighbors by Ring app, in hopes of tracking down a trio of brazen burglars."They clearly knew what they were doing. Now we know there is a weapon in their possession," said Michele.If you have any information on the case, call Crime Stoppers at 888-580-8477 or El Cajon Police at 619-579-3311. 1884