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Denise Van Patten

Denise's Doll Collecting Blog

By Denise Van Patten, About.com Guide to Doll Collecting

Toys 'R' Us Acquires FAO Schwarz

Thursday May 28, 2009
FAO Schwarz, the iconic American toy retailer, will once again have a new owner. It was announced today that Toys 'R' Us will be the new owner of FAO Schwarz. According to reports, Toys 'R' Us will keep the flagship Manhattan and Las Vegas FAO Schwarz locations open, but will shut down the FAO Schwarz departments in Macy's department stores. Further plans for the FAO Schwarz brand at this time are unclear. Find out more in Toys 'R' Us Acquires FAO Schwarz in Bloomberg News.

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