Global InformationTandy Corporation information
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| Formerly | Hinckley-Tandy Leather Company (1919–1956) General American Industries (1956–1961) |
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| Industry | Retail |
| Founded | 1919 (as Hinckley-Tandy Leather Company) Fort Worth, Texas, U.S. |
| Founders | Norton Hinckley Dave L. Tandy |
| Defunct | May 2000 |
| Fate | Renamed to RadioShack |
| Successor | RadioShack Tandy Leather Factory |
| Products | Leather goods Electronics |
Tandy Corporation was an American family-owned leather-goods company based in Fort Worth, Texas, United States. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby market, making leather moccasins and coin purses, making huge sales among Scouts, leading to a fast growth in sales.[1]
Entering the 1960s, aiming to broaden the company horizon, Charles Tandy acquired a number of craft retail companies, including RadioShack in 1963, then an almost bankrupt chain of electronics stores in Boston.
In the 1980s, now led by John Roach as CEO, the corporation started to invest into the personal computer market, being one of the pioneers in the personal computer race, being lauded by the magazine Financial World as "the driving force at the front-running company in the red-hot personal computer race".[1]
In 2000, the Tandy Corporation name was dropped, and the entity became the RadioShack Corporation.
- ^ a b "Tandy Corp". Encyclopedia.com.