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Leon[_7_] Leon[_7_] is offline
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Default Sears to sell Craftsman to Stanley/B&D

On 1/5/2017 3:14 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.


Wow, Kenmore has had a good reputation and is exclusive to Sears. If
they get rid of that brand there really will be no reason for me to go
to their stores. But really Kenmore is simply a rebadged Whirlpool,
Amana, GE, or Bosch appliance.



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


IIRC they have had 20 straight loosing quarters, they have to reduce
their fixed expenses to a manageable level and get rid of the
non-profitable stores.