Toys R Us to buy FAO Schwarz. The venerable toy retailer and backstop for Apple's flagship store has been owned by investment firm D.E. Shaw since filing for bankruptcy a few years ago. As part of the deal, TRU is expected to swap its Times Square ferris wheel for FAO's giant piano keyboard. [Bloomberg]
MORE » 
New York, 9:15 PM
Tue Nov 10
22 posts in the last 24 hours
Tip Your Editors:
tips@consumerist.com
tipline: 347-42C-ON95
Co-Managing Editor:
Ben Popken
Email | AIM | Twitter
Co-Managing Editor:
Meghann Marco
Email | Twitter
Senior Editor:
Chris Walters
Email | Twitter
Weekend Editor:
Laura Northrup
Email | AIM | Twitter
Associate Editor:
Alex Chasick | Email
Associate Editor:
Phil Villarreal
Email
Consumerist
