Toys “R” Us founder Charles Lazarus has passed away at the age 94 years old, just one week after the company announced it plans to shut down all U.S. operations. It’s quite possible Lazarus died of a broken heart. As Just Jared reports, he started the company back in 1948 when he was just 25 years old “in anticipation of the baby boom” and remained CEO until 1994—only to see it closing down in 2018, of course.
The company said in a statement, ““There have been many sad moments for Toys ‘R’ Us in recent weeks, and none more heartbreaking than today’s news about the passing of our beloved founder. He visited us in New Jersey just last year, and we will forever be grateful for his positive energy, passion for the customer and love for children everywhere.”
May Charles rest in peace.
- Urban One Honors Attendees Speak On All Things Best In Black #UrbanOneHonors
- Diddy’s Son Quincy Removes Face Tattoo After Online Criticism, Allegedly
- Cam Newton Gets Swung On At His Own Football Camp [Video]
- LeToya Luckett Hosts TV One LIVE From the Red Carpet at 2024 Urban One Honors
- Outspoken Councilman Eric Mays Passes Away 65
Toys “R” Us Founder Dies One Week After Company Goes Under was originally published on globalgrind.com
Porsha Williams Divorcing Simon Guobadia After 15-Month Marriage
Prayers Up: Wendy Williams Diagnosed With Dementia, Primary Progressive Aphasia
Mo’Nique Offers An Apology To Oprah Winfrey And Tyler Perry
Mo’Nique’s Feud With Son Sparks Debate On Family Fighting In Public
Monica Responds To Accusations Of Getting BBL Surgery After Viral Concert Footage Shows Her Curves.
Worst. Flight. Ever. : Delta Flight Forced To Turn Around After Maggots Fell From Overhead Bin
Chilli Faces Backlash After Correcting Fan Who Called Her Chocolate: 'Without A Tan, I’m Caramel'
Diddy Hires "Super Lawyer" Who Defended Jeffrey Epstein Co-Conspirator Ghislaine Maxwell