TANDYCRAFTS INC
8-K, 2000-07-07
MISCELLANEOUS SHOPPING GOODS STORES
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                       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:    July 7, 2000

                Date of Earliest Event Reported:  June 30, 2000


                               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 June 30, 2000, Registrant issued a press release announcing
               that it has completed the sale of its Sav-On Office Supplies
               chain to Dallas-based Phoenix Partners.


ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS
          ---------------------------------

          (c)  Exhibits.
               --------

               Exhibit
               Number                     Description
               --------  ---------------------------------------------------

                  99     On June 30, 2000, Registrant issued a press release
                         announcing that it has completed the sale of its Sav-On
                         Office Supplies chain to Dallas-based Phoenix Partners.

                                   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:  July 7, 2000                       By:/s/ Michael J. Walsh
                                             ---------------------------
                                             Michael J. Walsh, Chairman
                                             and Chief Executive Officer


Date:  July 7, 2000                       By:/s/ James D. Allen
                                             ---------------------------
                                             James D. Allen, President
                                             and Chief Operating Officer


Date:  July 7, 2000                       By:/s/ Leo Taylor
                                             ---------------------------
                                             Leo Taylor, Senior Vice
                                             President of Finance
                                             (Principal Finance Officer)





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