FORT WORTH, Texas--(BUSINESS WIRE)--Tandy Leather Factory, Inc. (AMEX:TLF) announced today that it is opening a Tandy Leather retail store in Cincinnati, OH. This is the third of twelve planned store openings for 2007 and brings the number of Tandy Leather retail stores to 65. The new store is located in Olde Gate Plaza at 304 Northland Blvd in Cincinnati. The store will be open for business on Monday, March 5th.
Chief Executive Officer and President, Ron Morgan, commented, “We’re excited about moving into the Cincinnati market as it solidifies our presence in Ohio. Michael Boursaw, a manager trainee in our Columbus store for the past year, has been promoted to manager of the Cincinnati store.”
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, 65 Tandy Leather retail stores, located in 31 states, 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.