View Single Post
  #133   Report Post  
Posted to rec.woodworking
[email protected] krw@notreal.com is offline
external usenet poster
 
Posts: 2,833
Default Sears to sell Craftsman to Stanley/B&D

On Sat, 7 Jan 2017 09:13:21 -0600, Leon lcb11211@swbelldotnet wrote:

On 1/6/2017 9:44 PM, Ed Pawlowski wrote:
On 1/6/2017 7:33 PM, wrote:

From past experience, B&D could be the death knell for Craftsman. The
only thing B&D does well is marketing.


According to the news they paid $900million for it



And while that might sound like a lot, I think 3 or 4 quarterly losses
out of the past 20 quarterly losses would eat that 900 million up.

Every town does not need multiple stores, get rid of the overages.
I'm sure Sears will still profit from Craftsman sales and probably not
as much but a store that is loosing money tends to stay that way and
mostly because of over saturation. I go to stores farther away as the
same brand that are closer stores very often.


Sears certainly isn't over-saturated in Atlanta. I think there are
only seven stores in the entire metro area (none in this area). Hell,
there are three HomeDepots and two Lowes within 15 miles of me. The
Lowes are all right across the street from the HDs, too. Oh, there
are two HFs in the same area. ;-)