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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

For the first time in roughly four months, weekly jobless claims in the U.S. have risen. The Department of Labor’s latest reports shows 1.4 million people filed new jobless claims, compared to 1.3 million people the week prior.“People are overwhelmed by the news. They are overwhelmed when they see that a million extra people just filed for unemployment,” said Sarah Johnston, a job search strategist.Johnston runs the company Briefcase Coach and specializes in helping people find work in this job market.“The good news is my clients and I know from looking at LinkedIn’s update, people are getting jobs,” said Johnston.Finding a job right now, with such high unemployment, is not easy. It is competitive but--as Johnston teaches in a course with LinkedIn-- if you search in the “hidden job market,” you’ll find better success.“The hidden job market is all the jobs that are unadvertised online,” said Johnston.These jobs may be unadvertised because an employer may be planning a promotion or expanding but hasn’t announced that yet. If you can get to know the hiring manager before new jobs post, you have a better chance of topping their list of candidates.“Tip number one is to understand what your options are. You really need to know your target companies, who hires people like you for work that you want to do,” said Johnston.She recommends creating a “target list” of the companies you want to work for and find out who are the hiring managers.Then, move on to tip number two, which is seeing who in your existing network may know or have connections to those managers or someone in that list of companies.“The final tip would be to not be afraid of being proactive in your job search and making contact or reaching out or getting an introduction to a hiring manager at your dream company or companies on your target list,” said Johnston. “It only takes one conversation to change the entire trajectory of your job search.”Johnston’s in-depth course on navigating the hidden job market is available on LinkedIn. It is one of many courses being offered by job search companies to help millions of Americans find work again. 2140

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

First the disaster, now the polemic.As hundreds of rescuers continued their search Wednesday for survivors of a bridge collapse in Italy that killed dozens of people the day before, questions were being asked about how such an accident could happen in a modern industrialized country, the eighth-biggest economy in the world.Fingers are being pointed and there are calls for heads to roll. And, as can be expected in Italy, political infighting is reaching a fever pitch.Photos: The Morandi Bridge collapse in Genoa, ItalyBuilt in the 1960s, the Morandi Bridge was a vital link of the A10 highway that connects northwest Italy to France, across the Polcevera river in central Genoa. It was one of the busiest bridges in the country, carrying freight and tourists to and from the port city. 797

Florida prosecutors have charged a Miami police officer they say tried to kick a suspect who was being handcuffed on the ground, in an encounter captured on video.Mario Figueroa, a two-year veteran of the force, was charged Tuesday with assault, a second-degree misdemeanor, after the cell phone video of the incident surfaced last week."Officer Mario Figueroa can have no excuse for the alleged actions seen on the initial videotape," State Attorney Katherine Fernandez Rundle said in a new release. "This community demands respect for all individuals taken into custody."Police said they were beginning the process of firing the officer. 647

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