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:    April 29, 1996
                                        
                Date of Earliest Event Reported:  April 28, 1997
                                        
                                        
                                TANDYCRAFTS, INC.
                                        
                             A DELAWARE CORPORATION


            1-7258                                     75-1475224
            ------                                     ----------
   (Commission File Number)                (IRS Employer Identification No.)    
                                        
                                        
                                        
                              1400 Everman Parkway
                            Fort Worth, Texas  76140
                                 (817) 551-9600


ITEM 5.   OTHER EVENTS
          ------------

          (a)  On April 28, 1997, Registrant issued a press release announcing
               the unaudited results of operations for the three- and nine-month
               periods ended March 31, 1997.
          
ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS
          ---------------------------------
     
          (c)  Exhibits.
               --------
     
               Exhibit
               Number             Description
               -------   --------------------------------
          
                 99      Copy of press release announcing the unaudited
                         results of operations for the three- and nine-
                         month periods ended March 31, 1997.
                                        
                                        
                                   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:  March 28, 1997              By:/s/ Michael J. Walsh
                                     -----------------------
                                     Michael J. Walsh, President
                                     and Chief Executive Officer


Date:  March 28, 1997              By:/s/ James D. Allen
                                     -----------------------
                                     James D. Allen, Executive Vice
                                     President and Chief Financial
                                     Officer