What does FAO Schwarz sell?
FAO Schwarz its Babies "R" Us stores nationwide. The company closed the Las Vegas location in January 2010 followed by its flagship New York store, the last remaining one, in July 2015. In October 2016, ThreeSixty Group, Inc. acquired FAO Schwarz from Toys ‘R’ Us, Inc. for an undisclosed amount. The FAO Schwarz brand is currently the property of the descendants of the founder through the FAO Schwarz Family Foundation but is exclusively operated by ThreeSixty Group. In August 2018, ThreeSixty Group announced plans to open a new FAO Schwarz store at 30 Rockefeller Plaza in Rockefeller Center, and a second store
FAO Schwarz Schwarz Fifth Avenue flagship store. The other 18 unsold locations were immediately closed. In 2002, Right Start Inc. changed its corporate name to FAO Inc. operating stores under The Right Start, Zany Brainy and FAO Schwarz names. In January 2003, FAO Inc. filed for bankruptcy, yet emerged from bankruptcy in April 2003. The company filed for bankruptcy a second time in December 2003. The Fifth Avenue store closed in January 2004. In February 2004, investment firm D. E. Shaw & Co., L.P., acquired the FAO Schwarz stores in New York and Las Vegas, as well as FAO Schwarz's catalog and