On 1/5/2017 1:33 PM, 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?

Sears cannot survive at this rate, thank you K-Mart.
They will still sell Craftsman but will not get the lions share of the
profit from the sales. Right/in the next couple of years they get
$900,000,000.




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.

I have been watching the financials, Sears has been doing poorly for a
very long time, not just in the last couple of years. IMHO they and
Macey's were too wide spread, big cities do not need 10 stores,
customers will drive to those stores if they want their products.