Toys "R" Us bought FAO Schwarz in 2009 and also closed its iconic location in New York City last July. Competition from online retailers, like Amazon, has had an impact on the company’s bottom line, but there are plans to open a sprawling 55,000 square-foot location inside New Jersey’s American Dream Meadowlands in 2017.
There’s no word yet on where the Ferris wheel, Barbie house and giant T-rex will wind up.
In the meantime, check out these mom-and-pop toy stores in your area.
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