My last article was titled: "Isaac Larian Wants to Save Toys R Us; Can he do it?" To my surprise, Isaac has written us and answered the question. He says he can do it. Here is Isaac's response as he wrote it:
You are too kind. Life without passion and purpose isn’t worth living. I am passionate about kids and about toy business. Without Toys R Us, Toy business will never be the same.
To answer your questions:
1-I already have the funds and financing lined up to do this at the right price. I launched GoFund me to bring in the community and awareness to this.
2-Most competitors ( except the #Evilempire. No toy retailere really needs their garbage anyway ) have privately given me their word of support if this succeeds. Remember that I’m doing this personally and NOT MGA.
3-Can I make the new Toys R Us profitable? I did that with Little Tikes when we bought them in 2006 and with Zapf that was on the verge of bankruptcy when I got involved. They are both debt free and very profitable and with a lot of cash. I will make TRU very profitable.