May 28 (Bloomberg) — Toys “R” Us Inc., the largest U.S. toy-store chain, acquired FAO Schwarz to take over the retailer’s flagship Fifth Avenue store in New York and increase its market share.
The company was founded in 1862 by Frederick August Otto Schwarz and his three brothers.
Now when I think of that scene in Big with Tom Hanks and Robert Loggia playing Heart and Soul on the giant FAO Schwarz piano, I’ll be sad. However, kids, the news might have been far worse! Just imagine…
If that wasn’t scary enough, just picture the crap they would have sold! There would be the Rush Limbaugh aisle on the right side of the store…
It would be the first toy store with a pharmacy.
Let’s take a look and see what would be on the shelves in the stuffed animal department.
Just some old stock they’re trying to get rid of, I see.
Don’t forget the games aisle!
And it just wouldn’t be a toy store without yo-yos!