Before the arrival of the first toy merchants, the area was considered to be simply a part of
Skid Rowan impoverished area habituated by the
homelessand one contemporary account described it as lying between Third, Fifth and Main streets and the
Los Angeles River. Taiwanese and Vietnamese immigrants of Chinese descent opened up the first toy stores in the early 1980s, and at first these merchants sold toys only during
holiday periods. Among them was the Woo family, and the most successful entrepreneur of that clan was Charles Woo, born in Hong Kong and settling in Los Angeles as a teenager in 1968. Woo was a
physics student at
UCLA when he took a summer off to help other family members launch ABC Toys, a wholesale business later operated by Shu Woo. By 1998 Woo and his family owned 10 Toy District buildings and a distribution company, Mega Toys, with $30 million in annual sales. Charles Woo was later considered to be the Toy District's "founding father." Woo said he built up the Toy District by encouraging other Asian-immigrant entrepreneurs who were buying toys from him to open their own businesses in the district. ==Business practices==