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  1. #1
    Join Date
    Jan 2016
    Posts
    10

    Sears sells Craftsman to Stanley

    What are your thoughts regarding the future of Craftsman tools?

    http://www.countryliving.com/home-ma...c=social-email


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  2. #2
    Join Date
    Mar 2015
    Posts
    178

    Re: Sears sells Craftsman to Stanley

    Dim. I have a bunch of Craftsman hand tools my father accumulated in the 70's and some I bought early to mid 80's. Decent quality, serviceable tools. Stuff they sell now is garbage and soon the "name" won't be worth much.

  3. #3
    Join Date
    Aug 2016
    Posts
    7

    Re: Sears sells Craftsman to Stanley

    Sears stores just don't hold the allure that they once did. They don't have the customer draw that they once did, particularly since online buying from the likes of Amazon. Sears is in the death spiral and will continue unless they make some radical, fundamental changes in the way they do business. Selling off assets can only continue for so long (until the core assets are all gone).

  4. #4
    Join Date
    Jan 2020
    Posts
    2
    Sears Holdings will sell its well-known Craftsman tools brand to Stanley Black & Decker, the latest in a recent flurry of moves the retailer is making to generate cash after at least five money-losing years.

    The agreement announced Thursday calls for Stanley to pay $525 million when the deal closes — expected later this year — and another $250 million after three years, the companies said. New Britain, Conn.-based Stanley will pay Sears a percentage of its new sales of Craftsman products for 15 years, and during that time, Sears will be able to continue selling Craftsman products royalty-free.

    Hoffman Estates-based Sears estimated the deal's value could top $1 billion.

  5. #5
    Join Date
    May 2021
    Posts
    1

    Re: Sears sells Craftsman to Stanley

    Quote Originally Posted by sprintcar72 View Post
    What are your thoughts regarding the future of Craftsman tools?

    http://www.countryliving.com/home-ma...c=social-email


    Sent from my iPad using Tapatalk
    It must be used for home decoration.
    example: https://decoration-en.com

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