Tandy Leather Factory, Inc.

Tandy Leather Factory, Inc. was founded in 1980 and is based in Fort Worth, Texas. Tandy Leather Factory, Inc. (Tandy Leather) is a retailer and wholesale distributor of a line of leather and related products, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also manufactures leather lacing and kits. The Company operates in four segments: wholesale leathercraft, retail leathercraft, international leathercraft and other. As of December 31, 2008, Tandy Leather operated 30 wholesale stores, 29 operating under the Leather Factory name (26 in the United States and three in Canada) and one operating under the Mid-Continent Leather Sales name. It also operated 73 retail stores operating under the Tandy Leather name (67 in the United States and six in Canada), as well as one combination wholesale and retail store operating under the Tandy Leather Factory name in the United Kingdom. It also owns and operates Roberts, Cushman and Company, Inc.