An aggressive entrepreneur, Mr. Lazarus steered his company through decades of growth and several years of financial turmoil, including a previous bankruptcy. Toys “R” Us became a retailing powerhouse internationally with stores in Spain, Canada and Singapore. Michael Goldstein, a former chief executive at Toys “R” Us who worked with Mr. Lazarus for many years and had become a close friend, said he did not mention the liquidation to Mr. Lazarus when he saw him on Saturday. “The beauty of Toys ‘R’ Us was that we were the toy store for children across the world,” Mr. Goldstein said. Advertisement Continue reading the main story“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,” Toys “R” Us said in its statement on Thursday afternoon.

Source: New York Times March 22, 2018 20:15 UTC