Frank Winfield Woolworth made the five-and-dime with his name a pioneer in the variety store channel, again with help, from J.J. Newbury and Sebastian Kresge. Count Charlie Lazarus in this league of retail geniuses who found a new way to sell. At one time, Toys sold about one out of 10 toys in the country, and it expanded around the world, one of the few American-based retailers to find success overseas. Toys "R" Us will be missed. But Charlie Lazarus will be missed more.
Source: Forbes March 23, 2018 17:15 UTC