FAO Schwarz Flagship Store Closes


fao schwarzFAO Schwarz’s flagship location in New York City—the same store in which the famous floor piano-playing scene from Big was filmed—closed tonight.

FAO Schwarz owner Toys R Us announced the store’s shutdown in May, citing the rising costs of rent for the store’s 45,000-square-foot location on Fifth Avenue.

The store claims to be the oldest toy store in the U.S., open since 1870.

Treats inside included a candy section, personal shoppers, and three floors of specialty toy departments. Toys R Us said in a statement that it plans to move the store to another midtown Manhattan location “that will no doubt delight generations of children to come.” Read more at the Wall Street Journal.

{CB Frommer-Matzav.com Newscenter}



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