Where is the headquarters of the toy retailer that Gerald L Storch once was Chairman and CEO?
Toys &quot;R&quot; Us Toys "R" Us, Inc. is an American toy and juvenile-products retailer founded in 1948 and headquartered in Wayne, New Jersey, in the New York City metropolitan area. Founded by Charles P. Lazarus in its modern incarnation in 1957, Toys "R" Us traces its origins to Lazarus' children's furniture store, which he started in 1948 before adding toys, eventually shifting his focus.
Herman's World of Sporting Goods Herman's World of Sporting Goods was a sporting goods retailer in the United States. It was founded by Herman Steinlauf in 1916 as a music store. At one time, there was a gentleman's agreement with west coast competitor Oshman's Sporting Goods, that the Herman's chain would stay east of the Mississippi, while Oshman's would be dominant on the west coast. Later on, Herman's did expand west with the acquisition of Salt Lake City-based Sunset Sports Centers, although this was short-lived. The company entered bankruptcy in 1993, first closing the stores out of the New York metropolitan area, then the New York City stores. Herman's could not compete with the warehouse size stores of Dick's Sporting Goods and Sports Authority, as most locations were in malls or strip malls.