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[email protected] russellseaton1@yahoo.com is offline
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Default Sears to sell Craftsman to Stanley/B&D

Sears today supposedly has value because of all the real estate it owns-occupies in malls across the country. Not because it has retail sales. The sales side started dying awhile ago. And likely will continue. K-Mart never upped its game to compete with Wal-Mart. So it is gone now. The Craftsman, Kenmore, Diehard brands are all good. But now days its easy to buy the same quality or better easily. No need to go to a Sears store.

And I do not know if the real estate value of Sears is good anymore either. I don't think malls are the gathering place they used to be. Several of the older malls in my half million people town have slowly withered. There is a NEW mall that is a happening place. But older malls, no. New, yes. Times have changed and Sears did not change with them.