When Toys “R” Us announced it was closing 200 stores in the United States beginning last February, it was a sad day, as the toy retailer has had some formative role in many children’s (and adult’s) lives throughout its existence. Since that announcement a few months ago, circumstances haven’t improved for the company, with all of the company’s 800 stores set to close within the next few months. Now, that heartache takes on a new level with the news that Toys R Us founder Charles Lazarus has passed away at age 94.
This unfortunate news comes just a week after learning that Toys “R” Us was closing all US stores, not just the previously announced 200, meaning that it has definitely been a rough week for the company. Lazarus began the business in Maryland in 1957 after shifting away from a children’s furniture store known as Children’s Supermart he had begun in 1948. He was pivotal in pushing the toy industry to the high standard it maintains today, helping make it profitable all year long instead of just at Christmas season.
A Toys “R” Us spokesperson confirmed the news shortly after Lazaraus’ death, stating that he was known “for his positive energy, passion for the customer and love for children everywhere.” As if the closing of US stores wasn’t enough hardship for the toy industry this year, his death may easily be felt for some time to come.
As the game and toy industry moves forward, hopefully, many will learn from the example set forth by Lazarus. Very few individuals get identified as such prominent members of any organization or industry – even founder’s – as Lazarus has been. Here’s hoping that his positive energy, passion, and love remain within the toy industry, even now after his passing.
