Upscale toy store reopens

Wed, Nov 10, 2004 (11:08 a.m.)

FAO Schwarz at the Forum Shops at Caesars reopened at the end of last month with little fanfare after closing in January for remodeling after the King of Prussia, N.Y.-based toy company was bought out of bankruptcy for $41 million by New York Investment firm D.E. Shaw & Co. Inc.

The only FAO Schwarz stores that will emerge from the sale will be the Las Vegas and New York stores.

The three-story high-end toy store still boasts its signature Trojan horse. New to the store is an old-fashioned ice cream parlor.

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