BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
FAO Schwarz has enchanted generations of children and adults with its unparalleled selection of unique toys, unmatched customer service, and famous flagship store in Manhattan, which attracts more than three million visitors annually. One of the best-known brands in the United States, FAO Schwarz has evolved into a multi-channel retailer while still remaining true to the vision of founder Frederick August Otto Schwarz.
Number of Employees 400
Contact Information
875 Ave of the Americas 20th Fl
New York, New York 10001
(212) 239-7363
Peer Companies
NAICS Code Hobby, Toy, and Game Stores: 451120
Recent Events
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Toys R Us adding FAO Schwarz boutiques to its stores
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Toys 'R' Us to open FAO Schwarz boutiques
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TRU Reveals Its Plans for FAO Schwarz
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Toys R Us, FAO Schwarz team up
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Toys R Us will open 350 'Holiday Express' pop...
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Sears to offer toys in 20 stores
News & Analysis
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company and fao schwarz inc. - All News and Analysis
FAO, Inc. Announces Third Quarter Results
- 2002-12-16
Business Editors KING OF PRUSSIA, Pa.--BUSINESS WIRE--Dec. 16, 2002 FAO, Inc. (Nasdaq:FAOO), a leader in children's specialty retailing, today reported results for the third quarter and nine months ended November 2, 2002. Highlights for the quarter included:-- Net sales increased 52.3% in Q3 2002 to $89.3 million due...
FAO, Inc. Lowers Expectations
- 2002-11-29
Business Editors KING OF PRUSSIA, Pa.--BUSINESS WIRE--Nov. 29, 2002 FAO, Inc. (Nasdaq: FAOO), a leader in children's specialty retailing, announced today that it did not expect to meet its previously issued revenue and earnings guidance. Restrained consumer spending and the weak economic environment in the third quarter...
FAO, Inc. Announces Second Quarter Results; Merchandising Initiatives on Track for Holidays and Opening of Right Start Boutiques Accelerated
- 2002-09-16
Business Editors KING OF PRUSSIA, Pa.--BUSINESS WIRE--Sept. 16, 2002 FAO, Inc. (Nasdaq:FAOO), a leader in children's specialty retailing, today reported results for the second quarter and first half ended August 3, 2002. Highlights:-- Net sales increased over six times from Q2 2001 to $90 million due to...
FAO, Inc. Announces Fourth Quarter and Full Year Fiscal Year 2001 Results
- 2002-04-30
Business Editors KING OF PRUSSIA, Pa.--BUSINESS WIRE--April 30, 2002 FAO, Inc. (Nasdaq:FAOO), a leader in children's specialty retailing, today reported results for the fourth quarter and full year of fiscal year 2001 ended February 2, 2002. Jerry R. Welch, President and Chief Executive Officer, said, "Fiscal 2001...
FAO, Inc. Provides Guidance for Fiscal 2002 and 2003; Outlines Three-Year Business Transformation Strategy for Leading Specialty Retailer of Children's Products
- 2002-04-30
Business Editors KING OF PRUSSIA, Pa.--BUSINESS WIRE--April 30, 2002 FAO, Inc. (Nasdaq:FAOO), a leader in children's specialty retailing, today discussed the Company's business transformation strategy to increase revenues and profitability over the next three years. The Company also provided guidance for its financial outlook for fiscal 2002 and...
The Puppet Speaks! Pets.com Celebrates Launch of New Talking Sock Puppet Toy
- 2000-10-31
Business Editors SAN FRANCISCO--BUSINESS WIRE--Oct. 31, 2000 The "Real" Pets.com Sock Puppet to Make a Live Public Appearance at FAO Schwarz, the World's Ultimate Toy Store Pets.com Sock Puppet fans rejoice! The Talking Pets.com Sock Puppet, the newest and coolest holiday gift for 2000, has hit...
YouthStream Media Networks Signs Technology Licensing Agreement with Retailing Giant FAO Schwarz to Provide Community Services through FAO.com
- 2000-08-30
Business/Retail Editors NEW YORK--BUSINESS WIRE--Aug. 30, 2000 YouthStream's ASP subsidiary to provide multiple branded systems as part of the company's technology platform YouthStream Media Networks (NASDAQ:NETS), an integrated media and marketing services company targeting teens and young adults, today announced an exclusive relationship with toy retailing...
FAO Schwarz Grows On-line Business With Help From USWeb/CKS; On-Line `Makeover' Primes FAO.COM for Busiest Ever Online Holiday Shopping Season
- 1999-12-16
NEW YORK--BUSINESS WIRE--Dec. 16, 1999-- FAO Schwarz, in conjunction with Internet professional services firm USWeb/CKS, has enhanced its Internet web site, www.fao.com, as the world-famous toy company enters another record-breaking online holiday shopping season. With more products available online than ever before, an abundance of exclusive and hard-to-find merchandise...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Edward M. Schmults | CEO |
| David Niggli | President, Chief Merchandising Officer |
| Jay Nguyen | Chief Information Officer |
| Kim Richmond | Fao Schwarz Executive Vice President, Marketing |
| Dino Martin | Senior Vice President Operations |
| Lee Bissonnette | Senior Vice President, Ecommerce & Catalog |
| Erin Carachilo | Vice President Finance and Controller |
| Fred Yeries | Vice President Business Development |
| Nanette Difalco | Vice President Public Relations and Special Events |
| Tom Wheeland | Vice President of Human Resources |
| Daniel Posner | Managing Director of D. E. Shaw & Co., L.P., and Director |
| Bob Fox | Director, Marketing |
| Max Phillips | Creative Director |
| Steve Traut | Director of the Fao Schwarz Website |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John H Eyler | Chairman |
| Barbara A Piette | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | CEO | Current |
| RedEnvelope, Inc. | Former | |
| Patagonia | Former | |
| Yale University | BA In Economics and Political Science | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | President, Chief Merchandising Officer | Current |
| FAO Schwarz, Inc. | Buyer | Current |
| Rochester Institute of Technology | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Chief Information Officer | Current |
| FAO Schwarz, Inc. | Director of Application Development | Current |
| Sony Music Entertainment | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Fao Schwarz Executive Vice President, Marketing | Current |
| FAO Schwarz, Inc. | Sales Executive | Current |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Senior Vice President Operations | Current |
| Zany Brainy | Former | |
| Baruch College | Bba | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Senior Vice President, Ecommerce & Catalog | Current |
| Bloomingdale's | Operating Vice President, Ecommerce and Internet Strategies | Former |
| Macy's, Inc. | Director of Operations | Former |
| dELiAs Corp. | Head of Ecommerce | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Vice President Finance and Controller | Current |
| FAO Schwarz, Inc. | Finance Executive | Current |
| Financial Reporting, Inc | Manager | Former |
| Widener University | BS In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Vice President Business Development | Current |
| RedEnvelope, Inc. | Director of Business Services | Former |
| Golden Gate University | Masters of Business Administration | Former |
| Duquesne University | Bachelor of Arts Degree In Broadcast Journalism | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Vice President Public Relations and Special Events | Current |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Vice President of Human Resources | Current |
| FAO Schwarz, Inc. | Human Resources Executive | Current |
| Human Resources Incorporated | Regional Manager | Former |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Managing Director of D. E. Shaw & Co., L.P., and Director | Current |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Director, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Creative Director | Current |
| Organization | Position | Status |
|---|---|---|
| FAO Schwarz, Inc. | Director of the Fao Schwarz Website | Current |
| Touche Ross & Co. | Former | |
| Stanford University | BA Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Toys "R" Us, Inc. | Current | |
| FAO Schwarz, Inc. | Chairman | Current |
| FAO Schwarz, Inc. | Chief Executive Officer | Former |
| Hartmarx Corporation | Chief Executive Officer | Former |
| May Department Stores Co. | Former | |
| May Department Stores | Former | |
| Harvard University | M.B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Blackwood Capital, Inc | President | Current |
| Knightsbridge Advisers, Inc. | Managing Principal | Current |
| Knightsbridge | Current | |
| Community Health Systems, Inc. | Board of Directors | Current |
| Bodymedia, Inc. | Board of Directors | Current |
| Blackwood Capital, Inc | Director | Current |
| FAO Schwarz, Inc. | Board of Directors | Current |
| Allos Therapeutics, Inc. | CEO | Former |
| Heritage Health Systems, Inc. | CEO | Former |
| GelTex Pharmaceuticals | CEO | Former |
| Charles River Ventures, Inc. | Partner | Former |
| Blackwood Capital, Inc | Venture Capitalist and Company Builder | Former |
| Schroder & Co. | Former | |
| Boston College | BS | Former |
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