Sadly, Toys R Us founder Charles Lazarus has passed away. The World War II veteran and entrepreneur was 94 years old. This comes only a week after the official announcement that the company he founded six decades ago was closing for good.
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Well, the worst has come to fruition: Toys R Us will in fact be looking to shut down or sell all 800 US stores, and completely shut down in the UK. Not all is lost, however.