Last summer, Toys ‘R’ Us closed the last physical store in the FAO Schwarz brand. That cut the legacy of a venerable retail brand down to only a section on the Toys ‘R’ Us website, with its former retail space becoming a flagship store for sporting goods brand Under Armour. Now, the same firm that makes toys and gadgets for Sharper Image, Animal Planet, Smithsonian, and Discovery Kids has purchased the brand. [More]