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F.A.O. Schwarz to close flagship store on NY's 5th Ave.

F.A.O. Schwarz to close flagship store on NY's 5th Ave.

Customers at toy store F.A.O. Schwarz on New York City's Fifth Avenue take souvenir photos on July 10, 2015. Toys R Us, which acquired the brand in 2009, will close the flagship store on Fifth Avenue on July 15 due to soaring rent prices. (Kyodo) ==Kyodo

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