FAO Schwarz at Caesars Palace purchased by Toys R Us
Next time you're looking for a big, motorized, mechanical animal in front of FAO Schwarz, it might be a giraffe. As in, Geoffrey the Giraffe.
The high-end toy company was purchased by Toys R Us.
We still feel like tourists whenever walking through The Forum Shops at Caesars Palace, especially whenever passing by FAO Schwarz and seeing what big new toy they have in front of the store.
Toys R Us will operate the Las Vegas store as well as the flagship store in New York City. Both are expected to continue using the FAO Schwarz brand.
If you're as old as we are, you may remember FAO Schwarz featured in the 1988 movie Big, when Tom Hanks plays the giant piano by hopping on the keys.
FAO Schwarz predates the film as well as Toys R Us by over 100 years.
