68.2 F
Fort Worth
Tuesday, September 22, 2020
- Advertisements -
Business Tandy Leather Factory reports September sales drop

Tandy Leather Factory reports September sales drop

Other News

Petalo, not Charmin: Virus brings Mexican toilet paper to US

By JOSEPH PISANI AP Retail Writer NEW YORK (AP) — Toilet...

Mall owners close to buying JC Penney out of bankruptcy

By ANNE D'INNOCENZIO AP Retail WriterNEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a...

At Home launches collection with Fort Worth connection

At Home Group Inc. (NYSE: HOME), The Home Décor Superstore, has debuted an exclusive collection with interior...

Former Toys ‘R’ Us reopens as Havertys in Southlake

HAVERTYS (NYSE: HVT and HVT.A) will officially open its new store in Southlake Corners on Friday, August 21, 2020. The 32,300 square...

Tandy Leather Factory Inc. of Fort Worth has reported September sales of $6.1 million, down 5 percent compared to $6.5 million in the same month last year.

“This continues to be a challenging environment with lower sales volumes and store traffic than what we’d like to see this time of year,” said CEO Shannon L. Greene, commenting in a news release.

“However, as we head into the fourth quarter, we expect to open several new stores in markets that we believe will help us gain market share and contribute positively to our top line over time,” Greene said.

The company’s Retail Leathercraft division saw sales drop 3 percent to $4 million compared to $4.1 million in the same month last year.

Meanwhile, sales for Wholesale Leathercraft dropped to $1.8 million for September 2016, down 9 percent compared to $2 million in the same month last year.

Sales for the company’s International Leathercraft division dropped 3 percent, from $321,000 in September 2015 to $312,000 in the same month this year.

Tandy Leather Factory Inc. sells and distributes leather, leather-working tools, do-it-yourself-kits and many other products. Its products are distributed through its 27 Leather Factory stores, located in 18 states and three Canadian provinces; 81 Tandy Leather retail stores, located in 36 states and six Canadian provinces; and four combination wholesale-retail stores in the United Kingdom, Australia and Spain.

More information is available at tandyleatherfactory.com

- Advertisements -
- Advertisements -

Latest News

Powell and Mnuchin voice optimism but back more economic aid

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin...

Wall Street steadies itself, halting 4-day losing streak

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks on Wall Street shrugged off an...

Powell: Many small companies can borrow without Main Street

By CHRISTOPHER RUGABER AP Economics WriterWASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able...

Ascension Coffee, ZAAP Kitchen announce openings in Fort Worth

 An Australian-style coffee shop and cafe and a restaurant focusing on Thai Street food and Lao cuisine are coming to Fort Worth.

Transwestern listing downtown Fort Worth office building with modern renovations

Transwestern Real Estate Services on Sept. 21 announced it is the exclusive sales agent for Winfield Place, a 33,064-square-foot, three-story office building...