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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
EL CENTRO, Calif. (KGTV) - Two earthquakes shook the Imperial County city of El Centro Monday night. The first quake, which measured a 4.0 magnitude, was 1 kilometer east-northeast of the city at 6:13 p.m. The second quake was a 3.7 about 30 seconds later.A check of the U.S. Geological Survey's 'Did You Feel It' map showed shaking was reported in Calexico, about 12 miles away, and Yuma, Arizona.RELATED: Is there such a thing as earthquake weather?The quakes were "very quick", said an El Centro hotel clerk who did not wish to be identified.A server at Denny's said the shaking made his customers stand up out of concern, but no one was hurt.While no major damage has been reported, the quakes were strong enough to shake overhead lights and topple monitors on display at Staples, according to clerk Krosby Rider. 825

EL CAJON, Calif. (KGTV) -- A man in his mid-30s was killed Sunday afternoon after the SUV he was driving struck a tree in El Cajon.El Cajon police say the driver of a 1998 Ford Explorer drifted onto a center divider then slammed into the tree on N Second Street near Greenfield Drive at 1:49 p.m.The man was pronounced dead at the scene. His name was not released pending family notification.Surveillance video from a nearby store shows the impact of the crash and the aftermath. Several good Samaritans ran over to try to help the driver until police arrived.N Second Street between Persimmon Avenue and Greenfield Drive was closed off for approximately four hours as police investigated.Police said it was unknown if drugs or alcohol were factors in the crash. People who heard the crash told 10News they did not hear tires screeching leading up to the impact. 871
Dr. Jill Biden is making history as the first first lady to have a full-time job in addition to her role in the White House.“I think this is an opportunity to bring the role of first lady into the 21st century,” Ohio University professor of history Katherine Jellison said.Jellison at Ohio University studies first ladies’ influence on gender ideology and how experiences of first ladies inform America's idea of U.S. family life.“We have a first lady who’s living a life more like the average American woman," Jellison said. "Who in our society in the year 2020-2021 balances her family life and her work life."Biden is an English professor at Northern Virginia Community College. Even though the pandemic has brought new challenges to teaching, she says she will continue her full-time job as an educator while standing alongside her husband in the White House next year.“She has said on many occasions ‘being a teacher isn’t what I do, it’s who I am,'” Jellison said.Kim Churches is the CEO of American Association for University Women. AAUW is an organization that works to advance gender equity for women and girls.“By seeing that Dr. Jill Biden is not only passionate about being a teacher, but really embraces it as part of her whole self, will really change the way that we think about women’s roles in all of society,” Churches said.Churches says Dr. Jill Biden is serving as a prime role model for young girls who want to create and sustain change.“For 231 years, we have seen a first lady as stepping back behind the president – her husband – in all of these roles," Churches said. "But now we’re in a time when women make up half of the workforce, and by Dr. Biden really emulating and showing that a woman’s place is in the family, and the woman’s place can be in the workforce – and she can choose both – is really allowing women to see themselves and how they’re operating in their families today.”Traditionally, when the position of first lady developed, her role was described as the pinnacle of advanced home making. Much of her attention was put toward fashion and entertaining guests. For the past few decades, Jellison says there’s been less focus on appearance, and more focus on substance like the professional strides she takes and her influence on politics.“Someone like an Eleanor Roosevelt, a Hillary Clinton, Michelle Obama have been real players in terms of advising their husbands on policies and also being major players in their own right," Jellison said. "Going out and championing important causes.”Considering Dr. Biden is an educator and a mother, Churches says she’s optimistic about her time in office.“I really hope that as Dr. Biden embarks on working and on her bold agenda as first lady, that we can also begin to center the incredible need for care giving and valuing caregiving in our nation," Churches said, "Flexible work schedules – look, women make up half the labor force, but many of them are having to choose between family or paychecks right now because of all the uncertainties the COVID pandemic has laid bare.”Whether working a full-time job or not, both Jellison and Churches say they would like to see first ladies in the future given more freedom to be themselves. 3230
EL CAJON, Calif. (KGTV) - A Little League in El Cajon reeling from COVID-related hardship was targeted in a weekend theft."It's horrible. I don't now how someone could steal from a little league ... It was gut-wrenching," said Erik Weichelt, President of the Fletcher Hills Little League."Just devastating for the league," said Weichelt's son Gage, 12, who plays in the league.Discovered on Saturday: a damaged fence, gate shoved open, and a locked batting cage that was broken into. A bevy of equipment was stolen, including a riding mower, a pitching machine, two custom hitting mats, two sets of catcher's gear, three catcher's mitts and hundreds of baseballs."To steal from the kids just doesn't make sense," said Weichelt.The total loss was about ,000."What a troubling year for this to happen," said Weichelt.So far this year, COVID-19 health orders have canceled the team's main fundraiser, along with limiting all activities to practices and no games. In the concession area, there is ,500 worth of food which will likely go unsold."No revenue has come in. We're losing money because fees are still there. The cost of lights and maintenance isn't going away," said Weichelt.Their financial dilemma is now a bigger issue because of the theft. The loss of the equipment will limit the activities the kids are able to do, during a time when baseball, for many, has become a lifeline."No pitching machine means we can't hit. No lawn mower, no grass to play on. Right now, baseball is like an important sport for kid to get outside and play, and now we can't," said Gage.The league is insured, but it's unclear if the theft and vandalism will be covered.A Gofundme campaign has been set up to help the league with the cost of replacing the stolen items. 1768
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