Toys 'R' Us acquires specialty retailer FAO Schwarz, netting the retailer's flagship Fifth...

|By:, SA News Editor

Toys 'R' Us acquires specialty retailer FAO Schwarz, netting the retailer's flagship Fifth Avenue store and a chance to increase its specialty market share. FAO had struggled in the face of increased competition from Wal-Mart (WMT) and Target (TGT).