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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

FREMONT, Calif. (AP) — Police say officers arrested five teenagers Thanksgiving night on suspicion of robbing a San Francisco Bay Area Target and firing shot at security guards before fleeing in a car.The Fremont Police Department says in a statement Friday that officers responded late Thursday to the store at a Fremont shopping mall after several reports of shots fired.It says the teens ranging in age from 17 to 19 stole video games and other items and that when a getaway car arrived, one of them fired multiple rounds into the air as the suspects piled into the car and fled.Officers gave chase in a brief pursuit that ended after the car stopped and one of the suspects tried to flee on foot.The department says officers arrested that teenager and the other four and recovered a gun and the stolen items from the car. 833

FORT COLLINS, Colo. – Administrators at Colorado State University are investigating after a parent on a campus tour called campus police on two Native Americans who were also on the tour.In a letter sent to faculty and staff on Wednesday, officials said a parent on a tour on Monday called police because she was “nervous” about the presence of the two young men, who had joined the tour in progress.The men were visiting campus from New Mexico and were a part of the tour, officials said. After speaking with police, the men were allowed to rejoin the tour, but by that time the tour had moved on and the men left campus to return home.The mother of the boys, Lorraine Kahneratokwas Gray, told Denver7 that her 17 and 19-year-old sons traveled to CSU while she stayed behind in Santa Cruz, New Mexico.Thomas Kanewakeron Gray, 19, and Lloyd Skanahwati Gray, 17, had driven up to Denver to stay with a friend the day before the tour, their mother said. Thomas is a freshman at Northern New Mexico College and had been hoping to transfer to CSU, his mother said, and Lloyd is a senior at Santa Fe Indian School."They scraped together their dollars, made arrangements themselves to register for the campus tour, and took the only car we have and drove up there," Gray said. "That enough was worrisome – for our teenage boys to take our car and get on a big highway and drive seven hours to another unknown place.""And how it ended was even worse," she added.The staffers were aware the two young men were supposed to be on the tour, Gray said, and she said that another parent of a student on the tour called police because the boys were being too quiet.Once police arrived, the boys showed them their reservation for the tour and were let go. But Thomas called his mother, who said she was frantic because the boys couldn't find the group again.“Right then, that was just a big red flag for me. When you think about young men of color being shot all over the place, or being arrested…I said, ‘Just get in the car and come home,’” she said. “They’d missed a day of school for this campus tour only to be pushed aside because of some woman’s fears.”She said an officer told the young men they should learn to speak up for themselves.“Why should it be a crime for a person to remain silent and choose not engage in conversation? They were still taking in the information, and that was their right. And for the police officer to say that, that was bothersome to me," Gray said.She said she has been in ongoing conversations with CSU administrators about the incident, but said her sons were "shamed.""It breaks my heart, because they didn't do anything to warrant that," she said. "They're walking on their own ancestors' land, so it breaks my heart."“This incident is sad and frustrating from nearly every angle, particularly the experience of two students who were here to see if this was a good fit for them as an institution,” wrote Vice President for Enrollment and Access Leslie Taylor, Vice President for Diversity Mary Ontiveros and Vice president for Student Affairs Blanche Hughes.“The fact that these two students felt unwelcome on our campus while here as visitors runs counter to our Principles of Community and the goals and aspirations of the CSU Police Department, even as they are obligated to respond to an individual’s concern about public safety, as well as the principles of our Office of Admissions,” they continued.The officials said they had reached out to the men’s families and would be meeting to discuss how a similar incident can be prevented and better responded to in the future.Denver7's Mikayla Ortega contributed to this report. 3669

Former presidents Barack Obama, George W. Bush and Bill Clinton all say they plan to receive a COVID-19 vaccine when it becomes available to them, and all have offered to take the vaccine in a public setting to demonstrate the safety and importance of vaccinations, according to CNN and NBC News.In an interview with SiriusXM radio host Joe Madison, which will air Thursday, Obama said he trusts health experts like Dr. Anthony Fauci "completely" and will follow their recommendations when it comes to vaccines."People like Anthony Fauci, who I know, and I've worked with, I trust completely. So, if Anthony Fauci tells me this vaccine is safe and can vaccinate — you know, immunize you — from getting COVID, absolutely, I'm going to take it," Obama said."I may end up taking it on TV or having it filmed, just so that people know that I trust this science, and what I don't trust is getting COVID."Obama's predecessor, George W. Bush, has also committed to receiving the vaccine publicly. According to NBC News, top Bush aide Freddy Ford said that the 43rd president would take the vaccine publicly when it is authorized."First, the vaccines need to be deemed safe and administered to the priority populations. Then, President Bush will get in line for his, and will gladly do so on camera," Ford said.Finally, representatives for former president Bill Clinton also confirmed to CNN that he would also receive the vaccine in a public setting when he is able to do so."President Clinton will definitely take a vaccine as soon as available to him, based on the priorities determined by public health officials. And he will do it in a public setting if it will help urge all Americans to do the same," his press secretary Angel Urena said.During his interview with Joe Madison, Obama said he understands why some Americans — especially those in the Black community — are hesitant to get vaccines. He cited the Tuskegee experiments, a 40-year experiment where doctors knowingly failed to treat Black men who were suffering from syphilis in order to study the effects.However, Obama stressed that widespread vaccinations are extremely important in keeping Americans and their neighbors safe and free of disease."The fact of the matter is, is that vaccines are why we don't have polio anymore, the reason why we don't have a whole bunch of kids dying from measles and smallpox and diseases that used to decimate entire populations and communities," Obama said. 2463

Former Judge Roy Moore continues to deny allegations of sexual abuse against him, his attorney Phillip L. Jauregui said at a news conference Wednesday, during which he attempted to cast doubt on the story of one of Moore's accusers.Jauregui specifically focused on pushing back on the accusation from Beverly Young Nelson, 56, who said on Monday that Moore sexually assaulted her when she was 16 years old. Jauregui took issue with the statements of Nelson and her attorney Gloria Allred, saying Nelson falsely claimed that she never spoke to Moore again after the time of her alleged assault. 611