Friday, May 29, 2009

Today's Fly Or Die Commerce Report: Toys R' Us Buys FAO Schwarz

Toys R' Us has reportedly purchased the famous toy retailer, FAO Schwarz.

FAO Schwarz is known for its high end toy stock. Its flagship store is in New York City. It also has a retail location at Caesar's Place in Las Vegas.

Toys R' Us' CEO has vowed to maintain the traditional branding of FAO Schwarz while seeking to expand the business' sales.

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