03-23-2018, 04:48 AM
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#7
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monkey on the fringe
Posts: 45,763
Karma: 158733736
Join Date: May 2010
Location: Seattle Metro
Device: Moto E6, Echo Show
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Toys 'R' Us Founder Charles Lazarus Dies at 94
Quote:
Charles Lazarus, who combined supermarket-style service with touches of whimsy in creating Toys “R” Us Inc., a retail success that fought high debt and fierce competition and finally succumbed just last week, has died. He was 94.
He died Thursday in Manhattan, Michael Goldstein, a close friend who was the company’s former chairman, said in a phone interview.
From the first Toys “R” Us outlet, opened in 1957 in the Maryland suburbs near his hometown of Washington, Lazarus stuck to a winning formula of high volume, discounted prices and cookie-cutter predictability.
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