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FAO Schwarz to close its flagship store in Manhattan

Customers gather outside at FAO Schwarz on its last day of business on 5th Avenue in New York City on July 15, 2015. The iconic toy store FAO Schwarz is closing its flagship store in Manhattan today. FAO Schwarz, founded in 1862, is the oldest toy store in the United States. The company is known for its unique high-end toys, life-sized stuffed animals, dolls, and games. Photo by John Angelillo/UPI

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