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Toy Store
A toy store or toy shop is a type of retail business specializing in selling toys. Notable examples * Hamleys, the world's oldest toy shop * Toys "R" Us, international company now Tru Kids * FAO Schwarz, famous American brand and store * The LEGO Store, official store for Legos * Build-A-Bear Workshop has the concept of making your own stuffed toy * Learning Express Toys, franchise of specialty toys *Smyths Toys Superstores History The first toy store was founded in 1760 by William Hamley in London, under the name of "Noah's Ark", later renamed to Hamleys. Set over seven floors, a Hamleys branch at 200 Regent Street in the West End of London opened in 1881. The famous toy store in New York City, FAO Schwarz, was founded under the name Schwarz Toy Bazaar. It was founded in 1862 by the German immigrant, Frederick August Otto Schwarz. The former largest toy retailer in the United States, Toys "R" Us, started business in 1948 by Charles Lazarus, a veteran of World War II. In 20 ...
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Retailing
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provisio ...
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Regent Street
Regent Street is a major shopping street in the West End of London. It is named after George, the Prince Regent (later George IV) and was laid out under the direction of the architect John Nash and James Burton. It runs from Waterloo Place in St James's at the southern end, through Piccadilly Circus and Oxford Circus, to All Souls Church. From there Langham Place and Portland Place continue the route to Regent's Park. The street's layout was completed in 1825 and was an early example of town planning in England, replacing earlier roads including Swallow Street. Nash and Burton's street layout has survived, although all the original buildings except All Souls Church have been replaced following reconstruction in the late 19th century. The street is known for its flagship retail stores, including Liberty, Hamleys, Jaeger and the Apple Store. The Royal Polytechnic Institution, now the University of Westminster, has been based on Regent Street since 1838. Route Regent ...
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Disney Store
The Disney Store is a chain of specialty stores selling only Disney related items, many of them exclusive, under its own name and Disney Outlet. It was a business unit of Disney Consumer Products with the Disney Parks, Experiences and Products segment of The Walt Disney Company conglomerate. Disney Store was the first "retail-tainment", or entertainment store. The company had operated a number of store chains beyond its flagship Disney Store chain such as ESPN-The Store and the short-lived Mickey's Kitchen restaurant. Currently, the company operates the stand-alone stores, Disney Baby, Walt Disney Gallery and Disney's Soda Fountain and Studio Store. Disney Store was a partner for Disney at Harrods, which included a Bibbidi Bobbidi Boutique salon. North America stores were owned and operated by The Children's Place's subsidiary Hoop Holdings from 2004 to 2008. The Oriental Land Company's subsidiary Retail Networks Co., Ltd. owned and operated the Japanese stores from 2002 to 20 ...
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Jeff Bezos
Jeffrey Preston Bezos ( ;; and Robinson (2010), p. 7. ''né'' Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. He is the founder, executive chairman, and former president and CEO of Amazon. With a net worth of US$114.5 billion as of November 2022, Bezos is the fourth-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's '' Billionaires Index'' and ''Forbes''. Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. He holds a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud comp ...
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EBay
eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and an additional or separate fee when those items are sold. In addition to eBay's original auction-style sales, the website has evolved and expanded to include: instant "Buy It Now" shopping; shopping by Universal Product Code, ISBN, or other kind of SKU number (via Half.com, which was shut down in 2017); and ...
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Amazon (company)
Amazon.com, Inc. ( ) is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft. Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories, a strategy that has earned it the moniker ''The Everything Store''. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox (autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126 (computer hardware R&D). Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Its acquisiti ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into ...
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Charles Lazarus
Charles Philip Lazarus (October 4, 1923 – March 22, 2018) was an American entrepreneur, executive, and pioneer within the retail toy industry. Lazarus founded the Toys "R" Us retail chain, which evolved from a children's furniture store he originally opened in Washington, D.C. in 1948. He opened his first store dedicated exclusively to toys, which he named Toys "R" Us, in 1957. Early life and education Lazarus was born on October 4, 1923, to a Jewish family in Washington, D.C., where he was raised as a child. His parents, Frank and Phoebe Lazarus, owned and operated a bike shop. Lazarus served as a cryptographer in the U.S. Army during World War II. Career Following WWII, Lazarus returned to Washington, D.C., to enter the children's furniture business during the late 1940s. He was inspired by his generation of servicemen who, like himself, returned from WWII, married and began having children. Lazarus began selling cradles and cribs inside his father's existing bicycle sto ...
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Frederick August Otto Schwarz
Frederick August Otto Schwarz (October 18, 1836 – May 17, 1911) was a German-born American toy retailer known for founding FAO Schwarz. Biography Schwarz was born to a German Lutheran family in 1836 at Herford, Province of Westphalia, Kingdom of Prussia and immigrated to the United States in 1856 with his three brothers, Henry, Richard, and Gustav. He worked for a Baltimore stationery importer. German exporters sometimes packed toys and other items in with the stationery in the hope of expanding their exports. Schwarz put the toys in the store window, and they outsold the stationery. By 1862 he had switched to selling the toys from his own shop, and in 1870 he moved his business to Manhattan in New York City. He married Caroline Clausen (1841–1904). Together they had four sons and three daughters: Anna Schwarz (1863–?), Ida Schwarz (1864-1942), Henry Schwarz, George Frederick Schwarz (1868–1931), Emilie Schwarz (1870–1958), H. Marshall Schwarz, and Herbert Ferland ...
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West End Of London
The West End of London (commonly referred to as the West End) is a district of Central London, west of the City of London and north of the River Thames, in which many of the city's major tourist attractions, shops, businesses, government buildings and entertainment venues, including West End theatres, are concentrated. The term was first used in the early 19th century to describe fashionable areas to the west of Charing Cross.Mills, A., ''Oxford Dictionary of London Place Names'', (2001) The West End covers parts of the boroughs of Westminster and Camden.Greater London Authority, The London Plan: The Sub Regions'' While the City of London is the main business and financial district in London, the West End is the main commercial and entertainment centre of the city. It is the largest central business district in the United Kingdom, comparable to Midtown Manhattan in New York City, the 8th arrondissement in Paris, Causeway Bay in Hong Kong, or Shibuya in Tokyo. It is one of t ...
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William Hamley
Hamleys is a British multinational toy retailer, owned by Reliance Retail. The world's oldest toy store, it was founded by William Hamley as "Noah's Ark" in High Holborn, London, in 1760. It moved to its current site on Regent Street in London's West End in 1881. This flagship store is set over seven floors, with more than 50,000 lines of toys on sale. It receives around five million visitors each year. The chain has 15 outlets in the United Kingdom and also has more than 90 franchises worldwide. History Hamleys is the oldest and in 1994 was the largest toy shop in the world. It is named after William Hamley, who founded a toy shop called "Noah's Ark" at No. 231 High Holborn, London, in 1760. Ownership of the shop passed through the family, and by the time it was operated by Hamley's grandsons in 1837, the store had become famous, counting royalty and nobility among its customers. A branch at 200 Regent Street in the West End of London was opened in 1881. The original High Hol ...
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