Tandy Leather was founded in 1919 as a leather supply store and acquired a number of craft retail companies, including RadioShack in 1963.
In 2000, the Tandy Corporation name was dropped and the entity became the RadioShack Corporation. ==History== Tandy began in 1919 when two friends, Norton Hinckley and Dave L.
Hinckley and Tandy opened their first branch store in 1927 in Beaumont, Texas and in 1932, Dave Tandy moved the store from Beaumont to Houston, Texas.
Hinckley and Tandy opened their first branch store in 1927 in Beaumont, Texas and in 1932, Dave Tandy moved the store from Beaumont to Houston, Texas.
Leathercraft gave the men something useful to do and their handiwork, in addition to being therapeutic, had genuine value. Charles Tandy returned home from the service as a Lieutenant Commander in 1948 and negotiated to operate the fledgling leathercraft division himself.
Within a short time Charles succeeded in opening the first of two retail stores in 1950 that specialized exclusively in leathercraft. Mr.
As a result, the two original founders came to an agreement in 1950 that Hinckley would continue to pursue the shoe findings business and the Tandy partners would specialize in promoting leathercrafts. The first Tandy Catalog, only 8 pages long, was mailed to readers of Popular Science magazine who had responded to two-inch test ads that were placed by Tandy.
From 1950 forward Tandy operated retail mail order stores supported by direct mail advertising.
Sixteen additional retail stores were opened in 1953, and by 1955 Tandy Leather was a thriving company with leased sales sites in 75 cities across the United States. Tandy Leather became an attractive commodity and was purchased in 1955 by the American Hide and Leather Company of Boston (name change in 1956 to General American Industries).
Sixteen additional retail stores were opened in 1953, and by 1955 Tandy Leather was a thriving company with leased sales sites in 75 cities across the United States. Tandy Leather became an attractive commodity and was purchased in 1955 by the American Hide and Leather Company of Boston (name change in 1956 to General American Industries).
Sixteen additional retail stores were opened in 1953, and by 1955 Tandy Leather was a thriving company with leased sales sites in 75 cities across the United States. Tandy Leather became an attractive commodity and was purchased in 1955 by the American Hide and Leather Company of Boston (name change in 1956 to General American Industries).
During 1956, General American Industries acquired three other companies unrelated to the leather industry and a struggle for control of the parent company began.
When the votes were counted on the day of that pivotal stockholders meeting, the Tandy group took management control of General American Industries. ==Acquisition of Merribee and RadioShack== In 1961 the company name was changed to Tandy Corporation and the corporate headquarters were moved to Fort Worth, Texas where Charles D.
Charles Tandy became intrigued with the potential for rapid growth that he saw in the electronics retail industry during 1962.
Tandy Leather was founded in 1919 as a leather supply store and acquired a number of craft retail companies, including RadioShack in 1963.
By April 1963, the Tandy Corporation acquired management control of RadioShack Corporation and within two years, RadioShack's $4 million loss was turned into a profit under the leadership of Charles Tandy. Sales were going well for Tandy during this time.
The number of Tandy store-fronts skyrocketed over the next five to six years by growing from 132 sites in 1969 to 269 sites in 1975.
The number of Tandy store-fronts skyrocketed over the next five to six years by growing from 132 sites in 1969 to 269 sites in 1975.
In 2000, the Tandy Corporation name was dropped and the entity became the RadioShack Corporation. ==History== Tandy began in 1919 when two friends, Norton Hinckley and Dave L.
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