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FAO Schwarz Inc. · New York, NY United States

Company Description

875 Avenue of the Americas 20th Fl.
New York, NY
10001
United States (Map)
Phone: 212-644-9400
Fax: 212-308-6094
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    Famed toy store FAO Schwarz is a kid pleaser. The toy seller operates two retail locations: its landmark store on New York's Fifth Avenue and one in The Forum Shops at Caesars Palace in Las Vegas. The company also boasts some 260 shops within selected Macy's locations. FAO Schwarz sells its unique, hard-to-find toys (such as life-size stuffed bears and $50,000 kid-size Ferraris) through its relaunched catalog and Web site. The toy retailer's flagship stores log foot traffic from more than 3 million visitors each year. Being a kid itself, FAO Schwarz has a sweet tooth, with its sweets shop called FAO Schweetz, an add-on at its New York store. Toy titan Toys "R" Us added FAO Schwarz to its toy chest in 2009. To read the full description, subscribe now.
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    Key FAO Schwarz Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndJanuary
    Employees300

    FAO Schwarz Inc. Executives

    12 executives listed for FAO Schwarz Inc.'s New York, NY location.
    TitleName & BioContact
    CEOBarry ErdosNetwork
    President and Chief Merchandising OfficerDavid NiggliNetwork
    EVP OperationsDino MartinNetwork

    Competition

    Competitive Landscape for FAO Schwarz Inc.
    Consumer spending is a key driver of demand for toy and hobby stores. In addition, population growth among young children (under 12) drives demand for toy stores, and population growth among women 35 and older drives demand for hobby stores. The profitability of individual companies depends on the ability to generate store traffic and effective merchandising. Large companies offer wide selections and deep discounts. Small companies can compete effectively by offering specialized products, providing superior customer service, or serving a local market. Average annual revenue per employee is $160,000. Toy and hobby stores compete with mass merchandisers. Toy retailers also compete with consumer electronics stores, due to the increasing popularity of electronic toys and video games. Hobby stores compete with fabric and sewing goods stores in select market segments. To read the full description, subscribe now.
    Top FAO Schwarz Inc. Competitors
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