||During the week
of Christmas 2002, the King Of Prussia, Pennsylvania based parent company
of FAO Schwarz annouced it would close 70 underperforming stores
by March, 2003. By the time the holiday
came it was confirmed that the company's Union Square store, in the former
Joseph Magnin location at 48 Stockton Street at O'Farrell since 1989, would
be among the doomed toy stores. The original location of the thirty-two
year fixture in Union Square was 180 Post Street, 1969-1989.