Shannon Greene, CFO for the Leather Factory Inc., TandyLeather's parent company, tells that the firm acquiredthe 1126 N Scottsdale Rd. property, located in Suite 6 of thebuilding, for $30,000 from former owner Jim Augustson. He operatedthe store as Copper Saguaro Leather Co. "The Tempe area has alwaysbeen a huge market for our industry and this store it is expectedto be very successful.," Greene said.

The store, which operated as a Tandy Leather store at the samelocation prior to the company's sale in 2000 to the LeatherFactory, will sell leather and leather craft supplies under theTandy Leather name. In its earlier incarnation, the store was amongthe top 10 revenue generators for Tandy Leather, Greene said.

The sale marks Tandy's 14th retail store opening this year.Headquartered in Fort Worth, the Leather Factory is aninternational marketer and wholesale distributor of a broad rangeof leather and leather-related products including tools, dye,saddle and tack hardware and do-it-yourself leather makingkits.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.