The founder of Toys ‘R’ Us, Charles Lazarus has died at age 94. He died, just days after the company went bankrupt. 1948
Lazarus founded the company in 1948 after he returned from WWII, he realized quickly the baby boom generation was ripe for a cool, interactive toy superstore. Barbie Dolls, Hula Hoops and Slinkys were all the rage, and he had the idea to create a fun experience for kids and parents.
He experimented with a nondescript children’s store, Children’s Bargain Town, but then in ’57 opened the first Toys ‘R’ Us in Maryland. Fast-forward … at its height there were 1,600 stores around the world.
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, Charles Lazarus. Our thoughts and prayers are with Charles' family and loved ones.
— ToysRUs (@ToysRUs) March 22, 2018
Toys ‘R’ Us just released 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, Charles Lazarus. Our thoughts and prayers are with Charles’ family and loved ones.”