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<p>This is an interesting article on how Sear's CEO appears to be
driving the brand into the ground but still making huge profit. <br>
</p>
<a class="moz-txt-link-freetext" href="http://tinyurl.com/hc3lb25">http://tinyurl.com/hc3lb25</a><br>
<div class="moz-cite-prefix">On 1/8/2017 10:19 AM, dave n wrote:<br>
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<div>I will first say that I’m a bit of a tool snob, and have
a pretty full collection of craftsman tools. its rare now
that I have to go buy a tool. but when I do, I’ve been
giving the lowe’s brand Kobalt a look. they also have a
lifetime warranty although I have yet to test it. </div>
<div> </div>
<div>I will also say that I bought some wire cutters at Lowe’s
that were quite expensive ($30+), but they were totally
worth it. they will cut almost anything that fits in the
jaws. best wire cutters ever!!! totally worth it. oddly
enough, they are not Kobalt.</div>
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<div>from a nostalgic perspective, I think it is quite sad
what has happened to Sears and Craftsman. You can already
buy Craftsman tools at Ace hardware. I am surprised Sears
is still alive – who shops there?????? good time to sell
their stock short</div>
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<div style="font-color: black"><b>From:</b> <a
moz-do-not-send="true"
title="larrygriffin.nc@gmail.com">Larry Griffin</a>
</div>
<div><b>Sent:</b> Saturday, January 7, 2017 2:07 PM</div>
<div><b>To:</b> <a moz-do-not-send="true"
title="triumphs@autox.team.net">triumphs@autox.team.net</a>
</div>
<div><b>Subject:</b> [TR] Sears to Sell the Iconic
Craftsman Brand after 90 Years</div>
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<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">Sears must really need cash to
survive since they are selling the Craftsman Brand
to Stanley Black & Decker for about $900
million. Details are here:</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><a
moz-do-not-send="true"
href="http://tinyurl.com/h3rcpd6" target="_blank">Sears
Sells Craftsman Brand</a> <font face="comic sans ms,
sans-serif"><br>
</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif"><br>
</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">This shocked and made me very sad
when I read a news story last night that didn't have
as much detail as the link above. I've always used
Craftsman tools since since my uncle started helping
me work on my Spitfire back in the '60s. After
reading the above, I feel a bit better due to these
details:</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">1) This might help Sears survive</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">2) Sears will continue to sell
Craftsman. After 15 years Sears will start paying
Stanley Black & Decker a percentage of Craftsman
sales.</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">3) Stanley plans to open a new US
plant to make Craftsman tools</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">4) Craftsman will be available at
more stores</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">5)Sears will receive a percentage of
Stanley's Craftsmen sales for 15 years</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">6)The unlimited lifetime warranty
will continue under Stanley</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">7)Stanley will develop and build
Craftsman products to sell outside of Sears. Not
sure if this is good or bad. Hope they improve
quality back to former Craftsman standards.</font></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"> </div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><font face="comic sans
ms, sans-serif">Still trying to digest this news,
though. Thoughts anyone?</font><span
style="FONT-FAMILY: 'comic sans ms',sans-serif"> </span></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><span
style="FONT-FAMILY: 'comic sans ms',sans-serif"><br>
</span></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><span
style="FONT-FAMILY: 'comic sans ms',sans-serif">Larry
</span></div>
<div class="gmail_default" style="FONT-SIZE: 12px;
FONT-FAMILY: arial,sans-serif"><span
style="FONT-FAMILY: 'comic sans ms',sans-serif">71
TR6</span></div>
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FONT-FAMILY: arial,sans-serif"> </div>
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