Tandy Leather Factory

(TLF) - Get Tandy Leather Factory, Inc. Report

said it would open a retail store in Jacksonville, Fla., next week.

The Fort Worth, Texas, leather retailer said the store marks its seventh opening in 2005 and brings the total number of Tandy Leather retail stores to 49. The news comes just a week after Tandy

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reopened its suburban New Orleans warehouse store.

"We are excited to be moving into northern Florida," said CEO Wray Thompson. "Coupled with our existing Tandy store in Orlando and our Leather Factory center in Tampa, the addition of Jacksonville solidifies our market coverage of the northern half of the state."

On Wednesday, shares of Tandy Leather rose a penny to $4.72.