International News - FAO files for Chapter 11
Toy giant FAO, owner of the FAO Schwarz fascia, has filed for Chapter 11 bankruptcy protection. The US business, which plans to shut up to 80 of its 253 stores, blamed a tough retail environment.
By Retail Week online team2003-01-17T12:09:59+00:00
Toy giant FAO, owner of the FAO Schwarz fascia, has filed for Chapter 11 bankruptcy protection. The US business, which plans to shut up to 80 of its 253 stores, blamed a tough retail environment.
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