View Single Post
  #7   Report Post  
Posted to rec.woodworking
Ed Pawlowski Ed Pawlowski is offline
external usenet poster
 
Posts: 11,640
Default Sears to sell Craftsman to Stanley/B&D

On 1/5/2017 4:14 PM, DerbyDad03 wrote:
On Thursday, January 5, 2017 at 1:40:38 PM UTC-5, 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


I heard a (slightly) more in depth report this morning. They mentioned that
Sears is considering selling off the Kenmore and Die-Hard lines of business.

I don't recall if it's just a consideration or if negotiations had already
begun. Either way, the company is dwindling into nothingness.


They missed the boat a long time ago. Sers had a thriving catalog
business. They should have turned that into something like Amazon
before Amazon started up.