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Target and FAO Schwarz have inked an exclusive multiyear agreement that'll bring toys from the iconic children's store to the merchandise retailer.

Target seems to be jumping on the toy store bandwagon as well. In September, it announced a multiyear agreement with the 160-year-old toy brand FAO Schwarz.

All Target store toy departments will feature dedicated space for FAO Schwarz, including playful store displays to highlight must-have FAO toys and toy demonstrations throughout the holiday season.