Sunday, July 5, 2015

FAO Schwarz's Manhattan flagship store is closing


"Toys R Us Inc., which operates FAO Schwarz, has told shoppers not to despair. It plans to reopen the store in another Manhattan spot as soon as it can find a reasonably priced place."
The crowd inside FAO Schwarz recently underscored the shop's issues. There were plenty of adults without children, pointing cameras at themselves to document their presence in the famous store. For them, it was a tourist attraction, just one stop along with Times Square, the Staten Island Ferry and the Empire State Building.