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J. Clarke[_4_] J. Clarke[_4_] is offline
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Default Sears to sell Craftsman to Stanley/B&D

In article e53f370e-286c-47b5-96b8-4750c73cc302
@googlegroups.com,
says...

On Thursday, January 5, 2017 at 1:33:36 PM UTC-6, 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?

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.

The craftsman line is not what it once was. Too bad. But don't look to
Stanley, B&D to bring it back. They are horrendous at managing the tool
lines..

Dewalt, B&D, Milwaukee, Stanley, are all former shells of what they once
were. The latest one to drop was Milwaukee, with people lamenting that
the quality has dropped.

Even B&D coffee maker sucks now.

I don't see this as a bad thing, nor a good thing.


--
Jeff

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Does not bode well for quality but I've got a few Craftsman tools and for parts and service I'm glad a company without a foot in the grave will take over.


I'm kind of tempted to drop the bucks for one of
their big mechanic tool sets before they're
gone. OTOH, I've been taking the Jeep apart for
years now with a 50 buck Harbor Freight set so
maybe not.