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Published byElvin Curtis Modified over 9 years ago
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“FAO Schwarz is known for its assortment of one-of-a-kind, unique products that reflect the brand's dedication to quality and creativity that its customers have come to trust from the brand.”
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History The oldest toy store in US One of the oldest retail establishments Founded by Frederick August Otto Schwarz and 3 brothers 1 st store in Baltimore, MD 2009 – Acquired by Toys”R”Us F.A.O. Schwarz
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FAO Schwarz New York NYC Flagship store on 5 th Avenue and 58 th One of the most renowned stores in the world 20,000 lights in Grand Hall Dance-on Piano keyboardPiano FAO Schweetz – candy shop
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SWOT Analysis Strengths -150 years of business -Strong brand image -Extensive online website and catalog -Unique toy selectiontoy selection -Featured in movies and commercials -Tourist destination -Wide price ranges Weaknesses -Minimal media advertising -Association with Toys”R”Us -Few stand alone stores -Hit hard by economy
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SWOT Analysis Opportunities -More media advertising -Community Involvement -Open new locations -Expand internationally Threats -Walmart -Build-A-Bear Workshop, Inc. -Walt Disney Company -Excessive advertising from competitors
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Sources http://www.fao.com/home/index.jsp http://www.youtube.com/watch?v=9x8trg3Ey to&feature=related http://www.youtube.com/watch?v=9x8trg3Ey to&feature=related
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