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The popular toy store Toys & # 39; R & # 39; Us closed today in United States his stores, for which he saw children run for 70 years until he succumbed to ] debts and electronic commerce .
Some have hung the "rent" sign throughout the week, but others have done so today with a "forever", he said. Efe press agency Amy von Walter, executive vice president of global communications of the company, looking for "sales opportunities" for its subsidiaries in other countries.
Thursday, in its last hours of opening, Toys & # 39; R & # 39; Us of Long Island City in New York appeared not supplied because several families recorded what was in sight in a small space sealed with yellow plastic strips .
"I came for toys, but it's empty!" or to save a neighborhood neighbor, Holly, who has decided to take "everyday things to save," such as stacks or notebooks.
The mother of two children aged 5 and 14 was considered the usual store, but admitted that recently I was using the Internet. "Amazon Prime Killed Toys" R "Us" He Sentenced
Among magazines, stuffed animals and carts reduced to 80% and 90%, another buyer, Luz, explained to Efe that he was not a big deal. she wanted to exchange three gift cards that he did not use because it "was coming, but now internet " was easier for him to please to his children.
The 182 establishments he decided to do without the chain in January, they were not enough to avoid bankruptcy and, since he announced that he had put the lock on the account in March, he liquidated the inventory of its 735 stores, which employed 33,000 people
. Last September, Toys & # 39; R & # 39; They 've taken refuge at the US Bankruptcy Law in the hope of starting a new stage, but ended up writing a final point.
"We are confident that we are taking action," said Dave Brandon, President and CEO, 2015.
However, in his working papers, he stated that the iconic brands of Toys & # 39; R & # 39; Us and Babies & # 39; R & # 39; Us will continue to be; the Commission of Values of the United States, Brandon suggests the daunting task who was waiting for the company: she hobbled in fronts ranging from the general condition of her stores to the wages of her workers, not to mention a related clientele According to analysts, the biggest hurdle for Toys & # 39; R & # 39 It is that he has spent much of his resources to pay his creditors since a group of private investment companies acquired it in 2005. According to his tax information, under Brandon's leadership, its losses were reduced from $ 130 million in 2015 to $ 36 million in 2016. But in e accumulated from 2017 to October, when the publication of its last quarterly report opened, after the bankruptcy, these losses amounted to 953 million.
According to analysts, the debt weighed on the toy store to maintain its competitiveness, very necessary in the world. the changing environment of an area where retailers participate Walmart and Target or now the giant of e-commerce, Amazon .
Based in Wayne, New Jersey Toys' R & # 39; It has opened some 1,600 stores worldwide during its 70 years of existence and has hired some 60,000 people in total, although at the Christmas period this figure has increased to 100,000.
founded in 1948 by Charles Lazarus a young man who was repairing bicycles in his father's establishment in Washington, and upon the arrival of the "baby boom" he opened a nursery store that would become the conglomerate of toys. 19659002] Lazar we died on March 22, one week after the closure and saw two banners disappear in 2015: the shop of Times Square and the one that Fifth Avenue the historical mark FAO Schwarz owned by Toys & # 39; R & # 39; Since 2009.
The goodbye of its customers resonates today on social networks, where many have paid tribute to a photo of the mascot of the store, the Geoffrey girafe saying goodbye with a suitcase.
"I guess everyone has grown up, there are more Toys 'R' Us," laments one of the most shared messages.
CPR
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