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Tandy Leather to Reopen La. Store

Tandy Leather Factory (TLF - Get Report) will reopen its Metarie, La., Leather Factory wholesale distribution center Saturday.

The suburban New Orleans store has been closed since Aug. 29, before Hurricane Katrina hit. The Fort Worth, Texas, retailer said the store sustained no water or wind damage but was burglarized, with some inventory and $200 cash from the register taken.

"Our New Orleans store was closed for 29 business days. However, we are fortunate that the store itself and most of the inventory there was not damaged or vandalized," said CEO Wray Thompson. "More importantly, our employees are safe, despite the enormous loss throughout the area, and are anxious to get back to some sense of normalcy."

Tandy also said its two Houston stores are in good shape and reopened Sept. 26 after losing three business days last week to Hurricane Rita.

On Friday, Tandy fell a nickel to $4.87.

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