Leather Factory Hires Jim Linnell as Director of Operations for Tandy Leather |
FORT WORTH, Texas, Jan. 15 /PRNewswire/ -- The Leather Factory, Inc. (Amex: TLF) today announced that Jim Linnell has been employed as Director of Operations for Tandy Leather Company. Mr. Linnell brings with him 35 years of experience in leatherworking and successful management of retail operations.
Mr. Linnell began working for Tandy Leather Company in 1978 as a store manager, and eventually became Regional Manager of 28 stores in the Rocky Mountain states. In 1989, he became President of Joshua's Christian Stores, a retail store chain of religious books, music and gifts. During his tenure with Joshua's, the chain grew from an 18-store regional chain to a 75-store national chain. Mr. Linnell is also co-founder of a leather supply company located in Fort Worth, Texas, and most recently, he was Executive Vice- President of a local retail leathercraft company.
Wray Thompson, Chairman and Chief Executive Officer of The Leather Factory, Inc. commented, "We believe Jim's experience with the retail store chain concept, as well as his leatherworking background, makes him the perfect candidate to fill Tandy Leather's Director of Operations position. He's well known in the industry as a leathercrafter and a successful businessman. The combination of experience certainly qualifies him for his new position with Tandy Leather."
The Leather Factory, Inc., (http://www.leatherfactory.com ), headquartered in Fort Worth, Texas, is an international marketer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, shoe repair supplies, saddle and tack hardware, and do-it-yourself kits, and is a manufacturer and distributor of fancy hat trims, leather lacing and kits. The Company distributes its products through 30 sales and distribution units located throughout the U.S. and Canada and through its subsidiary, Tandy Leather Company, via mail/telephone/website orders (http://www.tandyleather.com ) and 1 retail store. Its common stock trades on the American Stock Exchange with the symbol "TLF".
Contact:
Wray Thompson, The Leather Factory, Inc. (817) 496-4414
Shannon L. Greene, The Leather Factory, Inc. sgreene@leatherfactory.com
Mark Tyler, T.T. Communications, Inc. (845) 368-4377
This news release may contain forward-looking statements. All forward- looking statements made here or in other news releases issued by The Leather Factory, Inc. 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 The 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 line of retail stores. These risks include the possibility that stores will not be economically successful or that economic conditions will impede their profitability.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Tandy Leather Factory, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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Jan 15, 2002 |
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