Toys R Us founder dies as iconic retail chain folds

The founder of the embattled Toys R Us chain of children’s stores died on Thursday, a week after the company announced the end of its operations in the United States. “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, after a period of declining health,” it said in a statement sent to AFP.

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