FORT WORTH, Texas--(BUSINESS WIRE)--Tandy Leather Factory, Inc. (AMEX: TLF - News) today announced that its new store opened this week in Northampton, UK. The store will operate under the name Tandy Leather Factory serving both wholesale customers as well as the general public. John McNiven, President of the Company 's Canadian operation, will be managing the store.
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Store Address: |
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Tandy Leather Factory |
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Unit 2 Crofton Oak |
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N. Portway Close |
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Round Spinney Industrial Estate |
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Northampton NN3 8RQ |
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Telephone 01604 647910 |
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Store hours: |
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Monday through Friday |
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8:30 am to 5:30 pm |
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Saturday |
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9:00 am to 4:00 pm |
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Ron Morgan, CEO and President, commented, "We are excited about the potential of this store and are pleased with the job John has done in getting it set up and ready to open. He has been in contact with numerous customers and walked several trade shows there in the last several weeks getting leads on new customers. John has more than 40 years of experience in the leathercraft industry and knows how to run a successful operation. I expect he will do a great job getting this store off to a good start."
Tandy Leather Factory, Inc., (http://www.tandyleatherfactory.com), headquartered in Fort Worth, Texas, is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 29 Leather Factory stores, located in 19 states and 3 Canadian provinces, 72 Tandy Leather retail stores, located in 32 states and 6 Canadian provinces, and Mid-Continent Leather Sales, one store located in Oklahoma. Its common stock trades on the American Stock Exchange with the symbol "TLF".
This news release may contain forward-looking statements. All forward-looking statements made here or in other news releases issued by Tandy Leather Factory, Inc. (TLF) are based on current expectations as of the date of the release. These forward-looking statements involve risks and uncertainties that could cause the results of Tandy Leather Factory, Inc. to differ materially from management's current expectations. Many of these risks and uncertainties are detailed from time to time in TLF's reports filed with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and the most recent quarterly report on Form 10-Q. In addition, investors should be aware that there are business risks associated with opening a new chain of retail stores. These risks include the possibility that stores will not be economically successful or that economic conditions will impede their profitability.
Contact:
Tandy Leather Factory, Inc.
Shannon L. Greene, 817-496-4414
sgreene@tandyleather.com
or
Magellan Fin, LLC
Mark Gilbert, 317-867-2839
MGilbert@MagellanFin.com
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