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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

FREEPORT, NY. – Every weekend outside her church, Shelley Brazely sets up her table. Her mission is to make sure anyone in her community who wants to vote, can.“Too many people sacrificed too much in this country for us to vote, and we just want to make sure that every vote counts,” said Brazely, the President of the Social Action Ministry at the Zion Cathedral in Freeport, New York.Brazely said the community’s votes are especially important because the neighborhood has a history of struggling.“Nassau County, which is one of the richest counties in the country, has pockets of poverty and disenfranchisement that is unbelievable,” said Brazely. “Hempstead, Freeport, Roosevelt, we’re considered the black belt, and those are the areas that have the hardest time,” said Brazely.Brazely is fighting this by signing anyone up for an absentee ballot who wants one. She is personally delivering each ballot to the board of elections to make sure each is filled out correctly.“A lot of people are disqualified because there are two envelopes,” explained Brazely. “They don’t check what needs to be checked, and those are disqualified.”It’s a big effort for one person to make, taking dozens of hours per week, but Brazely wants her community to feel comfortable voting, especially because so many people are worried about mailing in their ballots.“There will be no postal office. We won't be dealing at all with that. We will securely pick up the information and drop it off,” said Brazely. “We don't want anybody to feel the hopelessness that a lot of these rumors will cause.”She said the rumors and misinformation about the security of the U.S. Postal Service weigh heavily on those she helps.“I was a little worried to mail it out myself,” said Jerrod Atkinson who is having Brazely drop off his ballot. “I wanted it to go directly to the board of elections, so it wouldn’t get lost.”Odessa Hill is a senior who isn’t able to drive and is filling out an absentee ballot with Brazely. She said this opportunity gives her peace of mind.“Every day, I get a text that the post office might be closed, but I know that this church will cover it,” she said.This church is invested in much more than worship and has been a community staple for more than 90 years.“The church really has always been involved in the real-life drama and struggle of our community,” said Pastor Frank White.Pastor White and Shelley Brazely are teaming up to make sure their community knows they can lean on the church for any help—whether that’s in the pews or at the polls. White said it’s an opportunity to keep hope alive.“Without hope, life fades very quickly…dreams die,” said Pastor White. “I am a prisoner of hope. I can never stop believing, and it becomes my job as well as many other voices to be that trumpet of truth and to be a shining light and to help the downtrodden, and the disenfranchised.”He and Brazely know that togetherness is the first step in keeping hope for change alive.For Brazely, making all the trips to and from the board of elections is just the start of her fight. She is building resource kits to help other churches set up a similar system.“This is not just a one-time ‘We get people to vote.’ This is the beginning of a movement,” said Brazely.A movement for representation, for trust, and as Brazely said “of building the total community.”If you'd like to find out more about Brazely's work and set something similar up for your own church, contact the church HERE. 3486

Forget about drones and armies of people driving Amazon trucks. One big Wall Street firm thinks Amazon's plan to build up its air freight delivery service may be what really winds up hurting UPS and FedEx.Morgan Stanley analyst Ravi Shanker said in a report Tuesday that both delivery giants could lose 10% of their revenue to Amazon Air by 2025. Shanker cut his price targets on UPS (UPS) and FedEx (FDX) and both stocks plunged more than 6% as a result.It was a particularly gruesome day for transportation stocks due to worries about the broader economy and confusion about the status of US-China trade talks.The Dow Jones Transportation Average, which includes FedEx and UPS as well as leading airlines, truckers and railroads, fell 4.4% -- its worst drop since June 2016.But Shanker paints a picture that should be extremely worrisome to UPS and FedEx.He notes that Amazon (AMZN), which currently is leasing 40 cargo jets, could eventually have 100 planes running and estimates that the planned Amazon Air routes could overlap with more than two-thirds of the volume flown by UPS and FedEx.That's bad news for both companies since Shanker said that UPS and FedEx each generate nearly 20% of their overall revenue from US air deliveries.Amazon has made big investments to bulk up Amazon Air. In the past few years, it has bought stakes in two freight delivery airlines -- Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW).It also announced plans to invest .5 billion in order to build an Amazon Air hub on more than 900 acres of land that it is leasing near the Cincinnati/Northern Kentucky International Airport. Amazon bought an additional 210 acres earlier this year.There's a simple reason why Amazon will want to handle more of its own air deliveries. According to Shanker, Amazon could save between billion and billion next year. That works out to about 3% to 6% of its global shipping costs.But on a day when the broader market was tanking, investors didn't seem too enthusiastic about Shanker's thoughts on Amazon either. Shares of Amazon fell nearly 6%. 2113

Five people were taken to the hospital after an explosion caused a two-alarm fire late Wednesday night in Tucson, Arizona.  136

Fox News announced Friday that President Donald Trump has agreed to conduct his first on-camera interview since his COVID-19 diagnosis with conservative pundit Tucker Carlson.In addition to an interview with Carlson on his 8 p.m. ET show, Fox News reports that Trump will receive a "medical evaluation" from Dr. Marc Siegel, a physician and contributor to Fox News.Trump has not appeared live on camera since he walked out of Walter Reed Medical Center on Monday evening, though White House has released a series of recorded videos featuring the President.Trump's interview with Carlson will be the latest in a string of interviews with conservative media outlets friendly to the President. Trump called into Fox Business on Thursday morning and spoke with Fox News' Sean Hannity over the telephone on Thursday evening. Trump also conducted a lengthy appearance on talk show host Rush Limbaugh's radio program on Friday afternoon.At a few points during his interview with Hannity on Thursday night, Trump had to stop talking in order to cough, and at points sounded hoarse.Trump has said he would like to return to the campaign trail as early as Saturday, and White House doctors cleared him to do so in a letter released Thursday. Trump initially announced he had tested positive for COVID-19 in the early morning hours of Oct. 2, though White House officials have declined to make public the date of the President's last negative test.The Centers for Disease Control and Prevention say those with COVID-19 should remain quarantined until 10 days after symptoms first appear, but only after the patient has been free of fever for 24 hours (without the use of medication). 1680