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Toys "R" Us Financial Literacy Activity Flashcards | StudBud
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Toys "R" Us Financial Literacy Activity
Toys "R" Us Financial Literacy Activity
20 terms
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Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Charles P. Lazarus created what type of store before Toys "R" Us?
Baby-furniture store
Book Store
Drug Store
Toy store
2
Why do you think Lazarus was interested in creating a baby furniture retailer in the 1950s?
He had a love for woodworking and decided to make a baby furniture store
The Baby Boom
3
What popular toy trend
s
did Toys "R" Us create in the 1980s?
Sega
Dolls (barbies)
Nintendo
Action Figures
4
Toys "R" Us filed for chapter 11 bankruptcy in 2017. What does Chapter 11 Bankruptcy mean?
Just liquidates assets
Proposes a plan to keep the company alive, paying its debts back slowly
Running out of money
Rehabilitation of debts for fishermen and farmers
5
Which store is Toys "R" Us coming back too?
Barnes & Noble
Walmart
Target
Macys
6
Toy Sales in 2016
Why did Amazon and Walmart have much more sales than Toys "R" Us?
They both have a larger online option and offer more in store options
They have a cooler logo
People liked their stores more
7
Why did Toys "R" Us take a huge dip in the Toy Retailer Market?
Too much inventory
Bad customer Service
Stores were too big
Poorly merchandized
8
Lazarus made the backward "Я" to impersonate a child drawing.
True
False
9
So, would you say Toys "R" Us was successful? (this is opinionated, there is no right answer)
Maybe
No, they ended badly
Yes, they started successful
I dont know
10
How many different types of Toys did Toys "R" Us sell in just one of their stores?
25,000
15,000
18,000
11,000
11
What issue
s
started Toys "R" Us's downfall?
Changing Toy Prices
Issues with too much inventory
Selling the company to Vorando, KKR, and Bain Capital
Rise of E-commerce
12
Where was the first Toys "R" Us location?
Denver Colorado
West Haven Conneticuit
Los Angeles
Rockville, Maryland
13
How did Toys "R" Us advertise their company in the 1980s?
Networking Events
Billboards
Radio
TV
14
Who founded Toys "R" Us?
Bill Gates
Walt Disney
Charles P. Lazarus
Sam Walton
15
What was Lazarus's strategy for attracting customers to the store?
Sold the trendiest toys for little to no profit at a low price
Sold trendy toys
Sold toys at a low price
16
How many countries did Toys "R" Us have stores in?
8
25
38
56
17
Who was the Toys "R" Us Mascot?
Lion
Bear
Giraffe
Tiger
18
Which companie
s
contributed to running Toys "R" Us out of business?
Gherkin Inc.
CVS
Target
Walmart
Mr. Petrone's Power Washing
Amazon
19
Toys "R" Us does not own Baby's "R" Us
False
True
20
What was Geoffery's original name?
Giraffy
Geoffery the Giraffe
Dr. G. Raffe
Gentle Giraffe
