SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: February 22, 2000
Date of Earliest Event Reported: February 15, 2000
TANDYCRAFTS, INC.
A DELAWARE CORPORATION
1-7258 75-1475224
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(Commission File Number) (IRS Employer Identification No.)
1400 Everman Parkway
Fort Worth, Texas 76140
(817) 551-9600
ITEM 5. OTHER EVENTS
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(a) On February 15, 2000, Registrant issued a press release
announcing a strategic plan aimed at focusing the Company on its
frames and wall decor, home furnishings and consumer direct
operations. The plan involves selling Tandycrafts' non-core
Gifts and Office Supply divisions and completing certain
significant operating improvements in the Company's core
businesses in 2000.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(c) Exhibits.
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Exhibit
Number Description
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99 Copy of press release announcing a strategic plan
aimed at focusing the Company on its frames and wall
decor, home furnishings and consumer direct
operations. The plan involves selling Tandycrafts'
non-core Gifts and Office Supply divisions and
completing certain significant operating
improvements in the Company's core businesses in
2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf of the
undersigned thereunto duly authorized.
TANDYCRAFTS, INC.
Date: February 22, 2000 By:/s/ Michael J. Walsh
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Michael J. Walsh, Chairman
and Chief Executive Officer
Date: February 22, 2000 By:/s/ James D. Allen
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James D. Allen, President
and Chief Operating Officer