View Single Post
  #21   Report Post  
Posted to rec.woodworking
Ed Pawlowski Ed Pawlowski is offline
external usenet poster
 
Posts: 11,640
Default Sears, Craftsman, Stanley, and China

On 5/21/2017 6:12 PM, J. Clarke wrote:

Once Sears is gone (probably soon) Stanley can shut down the Craftsman
name if they desire. They own it. They can improve it and bring it
back to what it was 40 years ago or get rid of the competition allowing
Stanly branded tools take that market share.


To say that they can "shut it down" implies that Stanley has something to
"shut down".


We could also have a ****ing contest on some loosely used terminology.
You go first. Oh, Ok, you win.


If Stanley decides not to do anything with the brand that
they just paid lots of money for, then it could die with Sears, which is a
bit different from being "shut down". Although if the objective is to
eliminate a competitor, it would have been a lot cheaper and more effective
to _not_ give that competitor a large cash infusion.


Probably, I thought it was money down the drain, but I'm not in the
business and was not part of the negotiations. Anything here is
speculation. Neither of us has facts.