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
Filter by
fao inc. and fao schwarz inc. - All News and Analysis
FAO softens Chapter 11 news, pens in-store boutique deal at Saks
- 2003-03-10
NEW YORK--As it preps to shutter a slew of store locations, FAO Inc. sees future sales growth through the brass keyhole of fellow upscale retailer Saks Inc. In a move much like KB Toys' partnership with Sears, FAO and Saks have inked a deal for the toy retailer to...
Saks Incorporated and FAO, Inc. Announce Intent to Enter Business Relationship
- 2003-02-24
Business Editors BIRMINGHAM, Ala.--BUSINESS WIRE--Feb. 24, 2003 Retailer Saks Incorporated (NYSE: SKS) ("Saks" or the "Company") today announced it has entered into letters of intent with respect to certain business opportunities with FAO, Inc. (NASDAQ: FAOOQ) ("FAO"). FAO, the leading specialty seller of toys and collectibles in the...
FAO ends '02 back at drawing board - toy retailer reevaluates merchandising strategy
- 2003-01-06
KING OF PRUSSIA, PA. -- At the start of 2002, FAO Inc.--a newly formed toy empire comprised of three formidable retail brands FAO Schwarz, Zany Brainy and The Right Start--seemed poised to corner the market on specialty toys. But even in the shelter of the new umbrella company, the troubles...
FAO, Inc. Warns of Liquidity Crisis
- 2002-12-17
Business Editors KING OF PRUSSIA, Pa.--BUSINESS WIRE--Dec. 17, 2002 FAO, Inc. (Nasdaq: FAOO), today warned of increased risk surrounding its liquidity situation. Due to rapid deterioration of its alternatives to obtain liquidity that it projects it will need, FAO announced that it was seeking to have its...
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. to Broadcast Review of Third Quarter Results over the Internet
- 2002-12-12
Business Editors NEW YORK--BUSINESS WIRE--Dec. 12, 2002 FAO, Inc. (Nasdaq: FAOO) today announced that the Company will broadcast its conference call to discuss third quarter results over the Internet. The broadcast will be held on Monday, December 16, 2002 at 4:30 p.m. Eastern Time, and will be...
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. Joins Russell 2000 Index
- 2002-07-10
Business Editors FAO, Inc. (Nasdaq:FAOO), a leader in children's specialty retailing, announced today that its common stock was recently added to the Russell 2000R Index. "We are very pleased to be added to this widely recognized market index, which will expose the Company to a broader range of...
FAO, Inc. Announces First Quarter Results; Affirms Prior Guidance for Fiscal 2002
- 2002-06-17
Business Editors KING OF PRUSSIA, Pa.--BUSINESS WIRE--June 17, 2002 FAO, Inc. (Nasdaq:FAOO), a leader in children's specialty retailing, today reported results for the first quarter ended May 4, 2002. This was the first full quarter of operations to include FAO, Inc.'s three specialty retail brands: The Right...
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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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