Interesting I got a letter from Sears - been a craftsman club member for
(have a card) almost 40 years. Maybe more.
They stated they will be continuing the line in the stores and add new
ones as they come out and have B&D there as well. They were paid for
the sale and will get more after a big cash payment. Then in 5 years or
so Sears will be paying percentage of sales. (3%) All sorts of details...
Time will tell. Don't forget Diehard and other trade names....
Silvertone is long gone.
Martin
On 1/8/2017 11:53 AM, Leon wrote:
On 1/8/2017 10:35 AM, J. Clarke wrote:
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
---
This email has been checked for viruses by Avast antivirus software.
https://www.avast.com/antivirus
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.
Craftsman will still be around, it is Sears that might disappear. You
can get craftsman at 6 other brand stores too.
https://www.craftsman.com/where-to-buy?location=77407
You might also consider Northern Tool for tools too. We have a few of
their stores in the Houston area and they, compared to HF, are much
nicer and do carry brand name tools.
BUT they have their own brand of sockets and wrenches that resemble the
slick chrome that SnapOn sells/used to sell.
The wrenches are pretty darn inexpensive and have a life time warranty.
I have a few of their wrenches for special use and am impressed for the
money.
I bought this particular wrench to replace the wrench that came with the
router. Like Craftsman you can buy individual wrenches.
https://www.flickr.com/photos/lcb112...posted-public/