For anyone considering doing business with Incredible Universe, a subsidiary
of the Tandy Corporation, the following information was obtained from the
Tandy Corporation's Web Site:
=>For Immediate Release December 30, 1996 TANDY CORPORATION ENTERS INTO
AGREEMENTS TO SELL MULTIPLE INCREDIBLE UNIVERSE LOCATIONS Fort Worth, Texas
-- Tandy Corporation (NYSE: TAN) has entered into contracts with Fry's
Electronics, Inc., Palo Alto, California for the sale of the assets in six
Incredible Universe stores located in the Arlington, TX, Dallas, TX, Phoenix,
AZ, Portland, OR, Sacramento, CA and San Diego, CA markets. In addition,
contracts have been entered into to sell the six buildings and land to
limited partnerships who will lease the stores to Fry's. The closing of each
of the sales is contingent upon clearance of certain governmental filings,
additional real estate and other due diligence, and other contingencies. Each
of these six Incredible Universe stores will continue to be operated by Tandy
until after the closing of each respective transaction, at which time Fry's
will commence management of the unit. The transaction closings are projected
to begin in February and be completed by June 30, 1997.<=
As of April 1, 1997 the following information is available from the Dallas,
Texas, Better Business Bureau located at 2001 Bryan St., telephone
214-220-2000:
=>The Better Business Bureau opened its file on Incredible Universe in
January, 1995. Our file experience shows this company has an UNSATISFACTORY
RECORD with the Bureau due to a failure to respond to all complaints brought
to its attention by the Bureau. The Bureau has received complaints alleging
that the company used improper collection methods and deceptive selling
practices. The company has responded to most matters brought to its attention
by the Bureau, however, customers were not always satisfied with the
company's response and the Bureau did not receive a response from the company
regarding other complaints. The Better Business Bureau provides reports only
and does not endorse, recommend, or disapprove of any product, service, or
company.<=
--- FLAME v1.1
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* Origin: Swizzle Stick - Kate Bush & Mac (1:130/520)
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