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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

Fox News host Tucker Carlson is facing criticism Thursday for comments he made on his show which some suggest appear to defend a 17-year-old who allegedly shot three people in Kenosha, Wisconsin, killing two of them."How shocked are we that 17-year-olds with rifles decided they had to maintain order when no one else would?" Carlson asked on his show Wednesday night.Carson’s comments, which he shared on social media, came just hours after news Kyle Rittenhouse, a teenager, had been arrested in Illinois and will face murder charges for the shooting deaths of the two demonstrators on Tuesday night.The victims, two men from Kenosha County and one from the Milwaukee suburb of West Allis, were participating in demonstrations following the Sunday shooting of Jacob Blake.Blake, a Black man, was shot several times in the back by officers while standing near his car with his three sons inside. Blake survived, and is in the hospital with serious gunshot injuries to his back and internal organs. His family and attorneys say it will be a miracle if he walks again.Since Sunday, there have been demonstrations every night in Kenosha calling for justice.“Kenosha’s devolved into anarchy because the authorities in charge of the city abandoned it. People in charge from the Governor of Wisconsin on down refused to enforce the law.”Carlson's comments received reaction on social media, including from former secretary of labor Robert Reich who tweeted, “If they don't take action after this, every one of Fox News's executives, directors, and advertisers is complicit in Tucker Carlson's racist, murderous rants,” New York Times reporter Nikole Hannah-Jones tweeted, "He just justified murder."Representatives from Kenosha County and Wisconsin’s Governor Tony Evers have not responded to requests for comment from CNN and Forbes. 1837

Fourth of July celebrations may look a little different this year, but the U.S. Department of Agriculture says you should still be able to enjoy your favorite patriotic foods in a safe way.No matter how you’re celebrating, the USDA is encouraging Americans to make food safety and other public health recommendations a part of their festivities.USDA officials offered these tips to ensure a food safe Fourth of July:Don’t cross-contaminateAlways keep raw meat and their juices from touching other foods.While grilling, avoid using the same utensils for cooked and ready-to-eat foods that were previously used with raw meat or poultry products. Wash and sanitize all surfaces and utensils after they touch raw items. (A recent USDA survey showed that 34% of respondents do not follow an important step to use a different utensil to take food off the grill.)Bring enough tools to keep your raw meat and poultry away from any cooked or ready-to-eat foods and have extra cleaning and sanitizing supplies ready for your surfaces, plates and utensils.Use a food thermometerSome grill masters may say they know their food is done just by looking at its color when it comes off the grill, but the USDA says that’s not possible and shouldn’t be relied upon. That’s where a food thermometer comes in.“More than 25% of burgers can turn brown inside before they are fully cooked,” said FSIS Administrator Paul Kiecker. “Although your grilled foods may look done, foodborne illness causing germs are not killed until the safe internal temperature has been reached. Using a food thermometer is the only way to know your food is done and safe to eat.”The USDA recommended safe minimum internal temperatures are:· Beef, pork, lamb and veal (steaks, roasts and chops): 145°F then rest for three-minutes· Fish: 145°F· Ground meats (beef, pork, lamb and veal): 160°F· Whole poultry, poultry breasts and ground poultry: 165°FKeep foods at safe temperaturesPerishable food items should not be left outside for more than two hours, and only one hour if the temperature is at or above 90°F.Keep your food at or below 40°F, in coolers or containers with a cold source, such as ice or frozen gel packs. This includes any leftovers from the grill, cold salads and even cut fruits and vegetables.Leftovers should be refrigerated or placed back in the cooler within 2 hours of being placed outside (1 hour if temperatures are at or above 90°F).If you are not sure how long food has been sitting out, throw it out immediately.Questions?If you have questions about these tips, or any other food safety topics, call the USDA Meat and Poultry Hotline at 1-888-MPHotline (1-888-674-6854) or chat live at ask.usda.gov from 10 a.m. to 6 p.m. Eastern Time, Monday through Friday.“Foodborne illness can increase during summer because of the warmer temperatures and extended time spent outside,” said Dr. Mindy Brashears, the USDA’s Under Secretary for Food Safety. “You may not be grilling at the park this year, but instead you may be grilling at home. As we celebrate this Fourth of July holiday, I encourage consumers to use food safety steps to reduce their risk of illness.” 3150

Former national security adviser to President Donald Trump Michael Flynn has asked a federal judge to spare him from prison time, according to his defense team's memo before his sentencing.He said his cooperation with Robert Mueller's special counsel investigation "was not grudging or delayed.""Rather, it preceded his guilty plea or any threatened indictment and began very shortly after he was first contacted for assistance by the Special Counsel's Office," his team wrote.He is asking for no jail time and has offered to do 200 hours of community service. 568

Former GOP presidential candidate Herman Cain has died after being hospitalized with the coronavirus. He was 74.The news of his passing was posted on his website by Dan Calabrese, as well as his verified Twitter account. 228