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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

During an interview with British think tank Chatham House on Wednesday, National Institute of Allergies and Infectious Disease Director Dr. Anthony Fauci said that while the end of the pandemic is in sight, the worst may still be yet to come.In an interview with the British policy institute Chatham House on Wednesday, Fauci said Americans should have reserved excitement regarding an impending vaccine.His comments came just days after Pfizer announced that it's vaccine candidate was 90% effective in Phase 3 trials and is on track for an Emergency Use Authorization application. But the comments also came as the U.S. in the midst of the largest spike in new cases since the pandemic began as well as an uptick in deaths and hospitalizations."I look at the vaccine is that help is coming and it's coming soon," Fauci said. "...for the time being, we have to adhere to the public health measures, and I hope that the fact that people realize that help is on the way in the form of a vaccine and soon, that that would get them to be even more motivated to do the public health measures."Despite the spike in cases, Fauci stressed that he does not believe the U.S. would require another shutdown in order to get things under control. Instead, he pointed to five public health measures everyone should take to avoid spreading the virus.Wear a maskKeep social distanceAvoid large gatheringsConsistent handwashingAvoiding indoor bars, restaurants and similar businesses — while allowing outdoor seatingPublic health experts believe that a COVID-19 vaccine could be available to some in high-risk populations before the new year, but won't be widely available until spring or summer 2021. In an interview with CNN on Tuesday, Fauci said he expects a vaccine to be widely available in April.But despite the likelihood of a vaccine in the near future, Fauci believes COVID-19 is something the world will likely be living with for years to come. He told Chatham House officials that while he believes the world will be able to control the virus with vaccines, he's not sure if it will ever be completely eradicated."I doubt we are going to eradicate this. I think we need to plan that this is something we may need to maintain control over chronically. It may be something that becomes endemic, that we have to just be careful about," he said. "Certainly, it is not going to be a pandemic for a lot longer because I believe the vaccines are going to turn that around."Fauci added that while his administration has faced other infectious diseases that have yet to be eradicated like HIV, anthrax, Ebola and Zika, those diseases have been essentially "put to rest" — still spreading, but at a manageable rate. 2709

During an interview with British think tank Chatham House on Wednesday, National Institute of Allergies and Infectious Disease Director Dr. Anthony Fauci said that while the end of the pandemic is in sight, the worst may still be yet to come.In an interview with the British policy institute Chatham House on Wednesday, Fauci said Americans should have reserved excitement regarding an impending vaccine.His comments came just days after Pfizer announced that it's vaccine candidate was 90% effective in Phase 3 trials and is on track for an Emergency Use Authorization application. But the comments also came as the U.S. in the midst of the largest spike in new cases since the pandemic began as well as an uptick in deaths and hospitalizations."I look at the vaccine is that help is coming and it's coming soon," Fauci said. "...for the time being, we have to adhere to the public health measures, and I hope that the fact that people realize that help is on the way in the form of a vaccine and soon, that that would get them to be even more motivated to do the public health measures."Despite the spike in cases, Fauci stressed that he does not believe the U.S. would require another shutdown in order to get things under control. Instead, he pointed to five public health measures everyone should take to avoid spreading the virus.Wear a maskKeep social distanceAvoid large gatheringsConsistent handwashingAvoiding indoor bars, restaurants and similar businesses — while allowing outdoor seatingPublic health experts believe that a COVID-19 vaccine could be available to some in high-risk populations before the new year, but won't be widely available until spring or summer 2021. In an interview with CNN on Tuesday, Fauci said he expects a vaccine to be widely available in April.But despite the likelihood of a vaccine in the near future, Fauci believes COVID-19 is something the world will likely be living with for years to come. He told Chatham House officials that while he believes the world will be able to control the virus with vaccines, he's not sure if it will ever be completely eradicated."I doubt we are going to eradicate this. I think we need to plan that this is something we may need to maintain control over chronically. It may be something that becomes endemic, that we have to just be careful about," he said. "Certainly, it is not going to be a pandemic for a lot longer because I believe the vaccines are going to turn that around."Fauci added that while his administration has faced other infectious diseases that have yet to be eradicated like HIV, anthrax, Ebola and Zika, those diseases have been essentially "put to rest" — still spreading, but at a manageable rate. 2709

EL CAJON, Calif. (KGTV) - A crowd gathered in El Cajon to honor the life of a man, killed in a hit-and-run accident, on the day he was supposed to be married.Steven Johnson - a father of six and a grandfather - was riding his motorcycle to work at a Lakeside trucking company Friday, the 2nd, when he crashed around 5:30 a.m. on southbound Highway 67 just past Willows Road.He never recovered, and passed away Wednesday.Saturday, his fiancé Karlene Moen stood in front of friends and family at their wedding venue, complete with the cake and flowers, and told them how Johnson helped and inspired so many."It's amazing to see how many people's lives he actually did touch because I've always just heard about it and I've never actually seen it," Moen said. Johnson was a sponsor for drug addicts and alcoholics. He was sober almost 16 years, according to Moen. Several men told 10News they're only here today because of Johnson. They said they became sober because Johnson truly believed in them.Moen said she and her fiancé met at an NAA meeting, "he taught me how to live my life sober, he taught me how to love my kids sober, he taught me how to be a mom sober, he taught me how to be a friend sober."As she thought about her wedding day, tears filled her eyes, "we were supposed to be married today, I was supposed to take his hand and unite as one." Wiping away tears she continued, "It's messing me up, and I almost don't want to be here, because it hurts so bad, it, I feel pain in my chest."She fretted about their wedding day, saying a week before the big day she helped him get an outfit. "I didn't get to wear my wedding dress that I picked out especially for him, that I knew that when he looked at me that he would think that I was the most beautiful woman he's seen," she said mournfully.One lasting question in her mind, "I just want to know why? I just want to know what kind of a person you are to not even help him up off the road?"His family wants the woman who left the scene to turn her self in, or someone who knows what happened to come forward, to give them closure. 2098

Do you prefer to select your numbers when playing the lottery? Well, if you’re opting to select your own numbers for the Mega Millions drawing, there are some numbers that win the most.The first Mega Millions drawing was in September of 1996.  Since then, there have been more than 2,200 drawings.According to Lottonumbers.com--a website that analyzes lottery numbers--the number drawn the most is the number 2. It's been picked 219 times.The second most picked numbers were 17 and 31. Followed by 39 and then 4 and 46.Something to keep in mind: the game started with 50 numbers in the drawing in 1996. More numbers were added on in 1999, 2002, 2005 and 2013.Presently, there are 75 numbers to choose from and can be configured into nearly 300 million possible combinations for winning.The yellow ball is the one that matters, so you may think about selecting the number 3.It has been chosen the most; 89 times in the more than 2,000 draws.There are also numbers that were drawn the least. Those include 72, 71, and 67. Those numbers have been drawn fewer than 25 times.When it comes to the Mega Millions number, 51 has been chosen only once!But keep in mind that the higher numbers were just added to the drawing in the last few years. 1249

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