Charles Lazarus Died Before Liquidation

In 2018, American toy retailer Charles Lazarus, founder of Toys "R" Us, died of respiratory failure in New York City at age 94. Exactly one day later, the chain began liquidation sales across its U.S. stores following its bankruptcy. Lazarus had started with a children's furniture shop in Washington, D.C., in 1948 before opening the first Toys "R" Us in Rockville, Maryland, in 1957.

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