On Thu, 5 Jan 2017 16:56:37 -0600, Unquestionably Confused
wrote:

On 1/5/2017 4:32 PM, Markem wrote:
On Thu, 5 Jan 2017 13:14:10 -0800 (PST), 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.

Kenmore is just other appliance manufacturers relabeled, guess some
one will buy, P T Barnum is right again. DieHard the same thing.


It's interesting but this announcement and several posts here on the rec
with regard to the history of Craftsman Tools caused me to Google it a
bit. If you're interested in this sort of thing, there's a pretty good
Wiki at:

https://en.wikipedia.org/wiki/Craftsman_(tools)

There are several other discussions out there that provide interesting
insight to the brand as well.

Takeaways?

1) Marion-Craftsman Tools, from whom Sears bought the trade name,
doesn't appear to have been a major player. They may have had a product
line involving "Ford Wrench(s)" but they seem to be fairly obscure.

2) Sears has NEVER manufactured any of its own tools (hand or powered).
Most are contract pieces from other manufacturer's, sometimes nearly
identical to their other products or with some added feature exclusive
to the Craftsman brand.

3) Same thing goes for Kenmore, DieHard and that old second line of
Sears hand and power tools, Dunlap followed by Companion.

End of an era, I suppose. Sad to see them go this way.

It is what they have to sell, the names. The bankers who bought Sear
and Kmart are now getting they're money back. It is the way most
mergers go.