Tandy Leather Factory to Open Retail Store in St. Paul, Minnesota.FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. -- Tandy Leather Factory, Inc. (AMEX AMEX See: American Stock Exchange :TLF TLF Tanklöschfahrzeug (German: fire department) TLF The Learning Federation (Melbourne, Australia) TLF Temporary Living Facility TLF Thoracolumbar Fascia TLF Taiwan Labor Front TLF Timing Library Format ) announced today that its new Tandy Leather retail store opens next week in St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , MN. This new store completes the company's twelve planned store openings in 2006 and brings the number of Tandy Leather retail stores to 62. The store will be located at 1614 White Bear Avenue. Chairman and Chief Executive Officer, Wray Thompson, commented, "We have been pleased with the performance of our Minneapolis store and expect similar results from the St. Paul store. Jason Pate, a 15-year leatherworker who managed stores for the former Tandy Leather for 6 years, will be managing the store." Tandy Leather Factory, Inc., 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 as The Leather Factory through its wholesale distribution centers and as Tandy Leather Company through its retail stores. Its common stock trades on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and the most recent quarterly report on Form 10-Q Form 10-Q See 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. |
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