Business News - FAO Schwarz to open Macy's outlets

ArcaMax Publishing > Business News

Your email address is safe with us. View our Privacy policy.

Free Financial Tools:

Start planning your financial future with our free financial tools & calculators.

The Funnies:

Get free jokes, comics, and more! See them all on
our funnies page

Weather:

Accurate national, regional, and local forecasts on the weather page

FAO Schwarz to open Macy's outlets

CHICAGO (UPI) -- FAO Schwarz and Macy's department stores plan to implement a new agreement in which the toy retailer will open outlets in 700 Macy's stores.

The first 75 full-sized FAO Schwarz stores will open in Macy's in the fall, along with another 200 smaller toy shops, The Chicago Tribune said. The newspaper said the first trial run of the Macy's-FAO Schwarz combination was conducted at the department store's State Street location in Chicago.

"This is an outstanding partnership that will bring toys back to Macy's in an exciting and unique way," Terry Lundgren, president and CEO of Macy's, told the Tribune.

FAO Schwarz also will market its private-label collections its new Macy's locations.

Copyright 2008 by United Press International

This news arrived on: 05/17/2008

Share this Story