Farewell FAO Schwarz: Manhattan Location to Close

FAO Schwarz on Fifth Avenue, one of the best-known toy stores in the world, is closing Wednesday night.
Owner Toys R Us announced the decision in May, citing the rising cost of running the 45,000-square-foot retail space on Fifth Avenue.
Though the flagship store is closing its doors for good, it may reopen elsewhere in midtown Manhattan.
The Fifth Avenue fixture included a candy store, personal shoppers and three levels of specialty toy departments.
The store was featured in several movies, including "Big," during which Tom Hanks danced on its floor piano.
Toys R Us bought the FAO Schwarz brand in 2009.