Toys 'R' Us Is Making A Comeback, 2 New Stores Opening This Year
Thanks to a former executive of the company, the store is getting a second chance.
Watch CBS News
Thanks to a former executive of the company, the store is getting a second chance.
The group now believes that it stands a better chance of a realizing a return on its investment by potentially reviving the toy chain, rather than selling it off for parts.
A Mattel spokesman said the job cuts will affect mainly its office workers worldwide and are part of the company's efforts to slash at least $650 million in costs.
The online marketplace is reportedly planning to publish their own giant toy catalog during the holiday season.
As the last of the Toys "R" Us stores readied for final closure this week, workers including store managers with the company for decades decried their plight. They're saying they shouldn't be left empty-handed.
The end is near: Toys R Us is closing its doors for good this Friday.
Isaac Larian, CEO of Van Nuys-based MGA Entertainment Inc., which manufacturers Little Tikes toys and Bratz dolls, placed the bid Friday, after last month launching a GoFundMe to raise millions to save the beloved Toy Store.
Bed, Bath & Beyond is accepting the cards, but you won't get full value and the offer ends Thursday April 5, at 11:59 ET.
Eager shoppers looking to cash in on the popular toy purveyor's going-out-of-business deals were left empty-handed Thursday.
Charles Lazarus, who founded Toys "R" Us 70 years ago, died Thursday, after the company he built announced that it will be forced to shut down its U.S. operations.
CEO of MGA Entertainment, Inc. Isaac Larian has contributed $200 million in an effort to reach a $1 billion goal to save Toys "R" Us.
As Toys "R" Us moves ahead with plans to liquidate, the company that owns the "KB Toys" name says it plans to open around 1,000 pop up stores before Black Friday.
Before becoming obsolete, consumers will have 30 days to spend their Toys "R" Us gift cards.
Toys 'R' Us's management has told its employees that it will sell or close all of its U.S. stores.
The company declared bankruptcy last September. Since January, it has announced the closure of more than 380 stores nationwide.
Toys 'R' Us announced that it will be closing an additional 200 stores due to poor sales performance during the holiday season.
Several Toys 'R' Us stores have started clearing the decks as they get ready to close for good.
Toys "R" Us is shutting down a fifth of its stores, including dozens in California.
Toys R Us could reportedly file bankruptcy this week, just months ahead of the Christmas shopping season.
"Thank you from the bottom of my heart because you have no idea I was so stressed for the last few days," a layaway customer says.
A steady stream of dedicated shoppers filled in at the Toys R Us location in Los Feliz on Thursday.
"I think it's too soon," said shopper Michael Butler.
Eight alleged gang members were arrested in connection with a money counterfeiting and laundering scheme in a string of raids across LA County on Thursday.
This week, a major motion picture trailer leaks, a Hollywood favorite looks different, and a famed fashion designer dies.
Some retail stores have expanded their hours to help out last-minute Christmas shoppers and to boost holiday sales.
After months of testing a new program aimed at catching bike lane violators, the city of Santa Monica is now issuing tickets with the help of an artificial intelligence-powered camera system.
Walbert Ureña pitched six innings of one-run ball, Jorge Soler and Jo Adell each drove in two runs in a five-run first inning and the Los Angeles Angels extended their winning streak to three games with a 5-1 victory over the St. Louis Cardinals on Tuesday night.
Last week, regulators outlined more than two dozen measures that Lineage must implement to mitigate the foul odors coming from its burned warehouse.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Ladera Ranch residents believe there's a high concentration of Ewing sarcoma cases in their neighborhood, with as many as six children diagnosed with the extremely rare cancer in recent years.
After months of testing a new program aimed at catching bike lane violators, the city of Santa Monica is now issuing tickets with the help of an artificial intelligence-powered camera system.
Last week, regulators outlined more than two dozen measures that Lineage must implement to mitigate the foul odors coming from its burned warehouse.
The multi-day preliminary hearing in the murder case against D4vd began on Tuesday with prosecutors calling their first witnesses and presenting gruesome photos.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Ladera Ranch residents believe there's a high concentration of Ewing sarcoma cases in their neighborhood, with as many as six children diagnosed with the extremely rare cancer in recent years.
After months of testing a new program aimed at catching bike lane violators, the city of Santa Monica is now issuing tickets with the help of an artificial intelligence-powered camera system.
Last week, regulators outlined more than two dozen measures that Lineage must implement to mitigate the foul odors coming from its burned warehouse.
Irvine Police Department officers responded to a man having a mental crisis in a residential area at Silkwood and Sungate around noon. Officer Ziggy Azarcon said officers attempted to negotiate a peaceful surrender for about an hour.
Aerial footage showed a mangled Simi Valley police motorcycle and a pickup truck with heavy front-end damage and bullet holes in its windshield.
LA County supervisors are offering a $50,000 reward for help finding the gunman who killed a teen at a Torrance pool party last year.
Ladera Ranch residents believe there's a high concentration of Ewing sarcoma cases in their neighborhood, with as many as six children diagnosed with the extremely rare cancer in recent years.
An investigation is underway in Laguna Beach, where a woman in her 60s was found dead inside her home on Monday.
Police said that 2,200 pounds of methamphetamine were seized during a search warrant at an Anaheim home.
A Metrolink train carrying approximately 500 people was forced to evacuate in Orange County on Saturday afternoon due to a mechanical issue.
From savory eats to everything fried and sweet treats, there are more than 100 food vendors serving up fair food, and for a chance to try a little of everything, the Taste of the Fair promotion offers samplings for $5 at participating booths.
The fire was reported at around 1:30 p.m. in the Mead Valley area according to Riverside County firefighters.
Police said that the man was found naked in the grass with injuries to his face and that all of his belongings were in a nearby trash can.
Surveillance video footage showed the moments when two thieves allegedly stole up to $20,000 in memorabilia from a collectible card shop in Corona over the weekend.
An injured bald eagle was rescued from Big Bear Lake by wildlife officials after it was involved in a fight, according to Friends of Big Bear Valley and the Los Angeles County Department of Parks and Recreation.
Riverside County signed an emergency waiver that allows El Sobrante Landfill to exceed its maximum tonnage limits.
Carl Isom-McDaniel was on a walk with his grandson at Yellowstone National Park earlier this month when a bison suddenly charged at him and threw him 8 feet into the air.
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
A United Airlines employee appears to have been caught on video threatening to call ICE on a passenger last week at San Francisco International Airport.
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
Homeland Security Investigations is an arm of ICE, meaning the immigration enforcement agency would effectively be investigating incidents involving its own agents.
This is the first time in more than 150 years that a vice president's family had a child while in office.
It will be the first meeting between President Trump and Sheinbaum since December after months of verbal sparring. Canadian Prime Minister Mark Carney is also expected to attend.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Los Angeles County health officials on Saturday confirmed the fifth measles case of the year in an international traveler who arrived at Los Angeles International Airport earlier in the week.
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
Walbert Ureña pitched six innings of one-run ball, Jorge Soler and Jo Adell each drove in two runs in a five-run first inning and the Los Angeles Angels extended their winning streak to three games with a 5-1 victory over the St. Louis Cardinals on Tuesday night.
Max Muncy hit a two-run homer, Justin Wrobleski pitched into the seventh inning and the Los Angeles Dodgers beat Zack Wheeler and the Philadelphia Phillies 2-1 on Tuesday night.
Vaughn Grissom drove in the tying run with a one-out double in the ninth inning and Jo Adell was hit by a pitch with the bases loaded to give the Los Angeles Angels a 3-2 comeback win over the St. Louis Cardinals.
Trea Turner hit two homers, including the 200th of his career, and drove in five runs, Bryce Harper and Brandon Marsh also went deep and the Philadelphia Phillies beat the Los Angeles Dodgers 10-7.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was found in an Oregon thrift store could fetch more than $150,000 in an auction closing Monday.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Los Angeles County's chief medical examiner is emphasizing the need for greater transparency when it comes to autopsies following celebrity deaths.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
Lesley Marin reports from Ladera Ranch, where hundreds of community members gathered Tuesday to voice their concerns and demand further action due to several children who have been diagnosed with a rare cancer that they believe may be due to an environmental matter.
Lineage submitted its plan to mitigate the rotten, sour odors plaguing residents near the company's burned warehouse in Boyle Heights for the past month. Hunter Sowards reports.
Seven governors whose states rely on the Colorado River met with federal officials today to figure out potential solutions as the critical water resource nears record lows. Tom Wait reports.
Laurie Perez reports from Santa Monica, where the city is starting to issue tickets with the help of an AI-powered program that uses cameras to catch bike lane violators in the act.
The Academy Project is a non-profit promoting the welfare of foster youth in Los Angeles. The organization provides support and opportunities for kids to develop meaningful relationships. Jaime Maggio stopped by the Camp Xavier program to find out how football plays a role in building bonds.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.