On Thursday, January 5, 2017 at 1:33:36 PM UTC-6, woodchucker wrote:
On 1/5/2017 1:40 PM, Leon wrote:
Apparently Craftsman was around before Sears acquired it 90 years ago.
And now Sears is selling Craftsman tools to Stanley.

http://finance.yahoo.com/news/sears-...--finance.html


Yep, not sure how selling off the better selling lines will save Sears.
If you sell them, you get quick cash, but then what?

I think Sears will go out of business shortly. Been 2 years that I have
been waiting for them to give up. Last Christmas, no one was in the
store I went to, while all the other stores were packed.

The craftsman line is not what it once was. Too bad. But don't look to
Stanley, B&D to bring it back. They are horrendous at managing the tool
lines..

Dewalt, B&D, Milwaukee, Stanley, are all former shells of what they once
were. The latest one to drop was Milwaukee, with people lamenting that
the quality has dropped.

Even B&D coffee maker sucks now.

I don't see this as a bad thing, nor a good thing.


--
Jeff

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Does not bode well for quality but I've got a few Craftsman tools and for parts and service I'm glad a company without a foot in the grave will take over.