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.
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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.
Police said that the suspect is known to approach females in the Sun Valley area "with the intent to engage in a romantic relationship." He was arrested in May and detectives are seeking potential additional victims.
Tyler Callihan hit the first two home runs of his career as the Pirates rallied past the Dodgers 9-8 on Wednesday night.
Police said that the man was fatally shot during a child custody exchange in the parking lot of the Home Depot on Badillo Street.
Jonathan Rinderknecht, who lived in the Pacific Palisades in the past, pleaded not guilty in Oct. 2025 to arson-related charges.
Two people were killed, including a 9-year-old boy, during a three-car crash in Riverside County on Tuesday night, according to the California Highway Patrol.
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
Police said that the suspect is known to approach females in the Sun Valley area "with the intent to engage in a romantic relationship." He was arrested in May and detectives are seeking potential additional victims.
Police said that the man was fatally shot during a child custody exchange in the parking lot of the Home Depot on Badillo Street.
Jonathan Rinderknecht, who lived in the Pacific Palisades in the past, pleaded not guilty in Oct. 2025 to arson-related charges.
Police said that the suspect is known to approach females in the Sun Valley area "with the intent to engage in a romantic relationship." He was arrested in May and detectives are seeking potential additional victims.
Police said that the man was fatally shot during a child custody exchange in the parking lot of the Home Depot on Badillo Street.
Jonathan Rinderknecht, who lived in the Pacific Palisades in the past, pleaded not guilty in Oct. 2025 to arson-related charges.
The Los Angeles City Council approved a $500,000 contract with private attorneys defending the city against former Fire Chief Kristin Crowley's lawsuit, which alleges a "campaign of retaliation" against her following the Palisades Fire in 2025.
Following a yearlong investigation, Freddy Cisneros of Fontana was arrested on Tuesday for allegedly having sex with a minor under the age of sixteen.
The November Fire has forced some evacuation orders and warnings for people in San Diego County.
Hundreds of Orange County residents gathered in Garden Grove on Tuesday night to demand answers from GKN Aerospace leadership during a special city council meeting.
The Orange County District Attorney's Office said officers found her in a running shower with her toddler's body.
Police arrested the 28-year-old man after he crashed and attempted to hide in thick brush near Hayes Avenue and De Luz Road in Murrieta.
One person was taken into custody for the stabbing, which deputies said may be gang-related.
Two people were killed, including a 9-year-old boy, during a three-car crash in Riverside County on Tuesday night, according to the California Highway Patrol.
The November Fire has forced some evacuation orders and warnings for people in San Diego County.
Following a yearlong investigation, Freddy Cisneros of Fontana was arrested on Tuesday for allegedly having sex with a minor under the age of sixteen.
Team Rubicon volunteers are set to remove dozens of dead trees and vegetation to help mitigate wildfire risk on Big Bear as part of a nearly four-year plan to remove what was left behind by the 2022 Radford Fire and the 2024 Line Fire.
Hermosa Beach police arrested a suspect who allegedly broke into a home while the residents, including two small children, were still inside early Monday morning.
The U.S. being a host country for the World Cup generates interest among fans, but less so among those who are not soccer fans.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
President Trump abruptly ended an interview with NBC News when repeatedly challenged on his claims of election fraud
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Republican Steve Hilton, a former Fox News host and adviser to former British Prime Minister David Cameron, will advance to November's general election in the race to become California's next governor, CBS News projects.
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
President Trump abruptly ended an interview with NBC News when repeatedly challenged on his claims of election fraud
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
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.
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.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
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.
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.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
Tyler Callihan hit the first two home runs of his career as the Pirates rallied past the Dodgers 9-8 on Wednesday night.
Los Angeles Dodgers star Shohei Ohtani was robbed of a home run after an incredible catch by Pirates outfielder Bryan Reynolds.
Wade Meckler and Jo Adell keyed a five-run second inning with two-run doubles, and Walbert Ureña navigated heavy traffic through five shutout innings to lead the Los Angeles Angels to a 10-1 victory over the Houston Astros.
The Dodgers quickly pulled away once Pirates ace Paul Skenes exited in a 12-3 win on Tuesday night.
Los Angeles Angels pitcher Jack Kochanowicz needs Tommy John surgery, the team said Tuesday, and the 25-yeaer-old right-hander is expected to be sidelined through the 2027 season.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The CBS LA American Music Awards Red Carpet Special will capture the moments as the stars arrive at the MGM Grand Garden Arena in Las Vegas and airs from 4 p.m. to 5 p.m. PDT on CBS LA and streaming online on CBS News Los Angeles.
Jonathan Rinderknecht is on trial for allegedly staring the Lachman Fire, which smoldered and rekindled six days later into the deadly Palisades Fire.
Los Angeles County deputies warned residents about ticket and employment scams during the FIFA World Cup.
Joy Benedict speaks with CBS News National Correspondent Jonathan Vigliotti, whose new book "Torched" recaps his one-year investigation into the devastating Palisades Fire and how further disasters can be prevented.
A federal search warrant was served at GKN Aerospace in Garden Grove on Wednesday, weeks after a chemical crisis left 50,000 Orange County residents under mandatory evacuation orders in April. Zach Boetto reports.
LA Magazine celebrates Pride issue with President/Publisher Chris Gialanella and actor, filmmaker Marco Calvan.
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.
