Information about Tandy Corporation

Tandy Corporation was a family-owned leather goods company based in Fort Worth, Texas, which is best known for purchasing and giving its name to the Cambridge, Massachusetts-based RadioShack Corporation. Tandy was founded in 1919 as a leather supply store, and acquired RadioShack in 1963. The Tandy name was dropped in May of 2000, when RadioShack Corporation was made the official name, apart from in the United Kingdom where the RadioShack name was already in use.^[1]

History

Tandy began in 1919 when two friends, Norton Hinckley and Dave L. Tandy, decided to start the Hinckley-Tandy Leather Company, which sold leather shoe parts to shoe repair shops in the Fort Worth area. Tandy's son, Charles D. Tandy, turned it into a leathercraft company when shoe rationing in World War II almost killed the business, and later expanded into selling leather and tools to make such products as wallets. After a struggle over the company, which saw the Hinckley name dropped, Tandy made another change in 1963, when it bought the ailing RadioShack. It later sold off all non-electronic business.

Computers

Tandy was one of the companies (along with Commodore International and Apple) that started the personal computer revolution, with their TRS-80 (1977) and TRS-80 Color Computer ("CoCo") (1980) line of home computers. Later Tandy adopted the IBM PC architecture. Tandy's IBM PC compatibles, the Tandy 1000 and Tandy 2000, were cheaper than the IBM PC and yet featured built-in, and better, sound and graphics. It was only when VGA-standard graphics cards and Sound Blaster sound cards became common in the early 1990s that the Tandy's advanced features became noncompetitive and thus obsolete. Tandy also produced short lived Tandy 1100FD and Tandy 1100HD notebooks. Released in 1992 the "striking" 1100 Series was based on the popular NEC V20 processor clocked at 10 MHz. Tandy also produced software for its computers running DOS, in the form of Tandy Deskmate.[1] Tandy even produced a line of floppy disks.

Tandy produced an interactive, multimedia CD-ROM player called the Tandy Video Information System or VIS. Like the Tandy computers, it was based on the IBM PC architecture and used a version of Microsoft Windows.

Tandy acquired GRiD Systems in March, 1988^[2]. Grid Systems was a laptop manufacturer whose products included the GRiD Compass (1982), GridCase (1985), GridLite (1987), and GRiDPad (1990) tablet computer.

"Tandy" stores

From the 1970s Tandy operated a chain of RadioShack-style stores in Britain and Australia through its subsidiary InterTAN, under the Tandy name. In 1986, InterTAN became a separate entity though connections between them were still visible. For example, catalog number compatibility was maintained, so the same catalog number in both companies would refer to the same item.

In 1999 the UK stores were sold to Carphone Warehouse, and over the following years have either been closed, or turned into Carphone Warehouse stores. Some of these stores were sold to a new company called T2 which presumably stood for Tandy 2 and had continued the RadioShack style theme. Lately, many of these stores have closed down, though T2 still has a presence online and in some Moto motorway service areas. In 2001 the Australian stores were sold to Dick Smith Electronics (DSE), a subsidiary of Woolworths Limited. A number of these stores have been closed down or rebadged as DSE stores, but around 120 still carry the Tandy name.

In Canada, the InterTAN stores were sold to rival Circuit City Inc. and have now all been rebranded as "The Source by Circuit City". A few of these individual stores have since ceased operation.

Other retail outlets

McDuff Electronics, VideoConcepts

In 1985, Tandy acquired two chains, McDuff Electronics and VideoConcepts. Most of these stores were closed as part of a 1994 restructuring plan, with 33 converted to RadioShack or Computer City Express stores. [2] Remaining McDuff stores were closed in 1996. [3]

The Edge in Electronics

The Edge in Electronics, a now-defunct chain of boutique stores geared toward mall customers interested in fashionable personal and portable name brand electronics, debuted in 1990 and had 16 stores as of December 1993. One of the last stores open closed its doors in San Antonio TX some time in 2001.

Incredible Universe

The Incredible Universe concept was Tandy's attempt to compete with other electronics giants such as Best Buy and Circuit City; the first two stores, located in Arlington, Texas and Wilsonville, Oregon, opened in 1992. Each Incredible Universe store stocked more than 85,000 items, and the stores' sales personnel did not work on commission. Sales were below average compared to Tandy's profitable RadioShack line, and by late 1996, the company had decided to sell or close all 17 Incredible Universe stores. [4] Many Incredible Universe stores were acquired by Fry's Electronics.

Computer City

Computer City was a supercenter concept featuring name-brand computers, software and related products; by the end of 1993, Tandy had 40 locations, including three in Europe. The Computer City stores were later sold to CompUSA.

O'Sullivan Industries

In 1983, Conroy sold O'Sullivan Industries to Tandy Corporation. In 1994, Tandy Corporation offered O'Sullivan as a public company. In 1999 O'Sullivan was purchased for about $350 million by investment group OSI Acquisition, an affiliate of Brockman, Rosser, Sherrill & Co., L.P. (BRS).

See also

• RadioShack
• Tandy Center
• Tandy Center Subway
• The Carphone Warehouse - acquired Tandy UK in 1999

Notes

External links

• Company History, Radio Shack Corporation
• The History of Tandy, The Handbook of Texas Online