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Macy's Downtown is going to get a 1,000-square-foot FAO Schwartz shop-in-shop. Per Angelenic: "After an exclusive agreement signed in May, Manhattan-based FAO Schwarz announced the legendary toy company will open 275 FAO-operated outlets in Macy’s stores across the country by fall 2008. 7th Street’s Macy’s Plaza location has been identified as a top tier site to be included in the first wave of roll-outs...The upscale specialty retailer plans to expand into as many as 685 Macy’s locations over the next two years. [Angelenic]