[TheForge] Sears has sold Craftsman brand to Stanley Tools
Charles
xlch58 at swbell.net
Thu Jan 5 20:01:46 EST 2017
Well, you have to assume they bought it for the brand names, since Sears doesn't actually manufacture anything, so it wouldn't do them much good to destroy the brand by not honoring the warranty, which is the principle thing underlying the brand. These days even the Chinese brand hand tools at harbor freight have a lifetime guarantee.
Charles
> On Jan 5, 2017, at 9:32 AM, Rob Fertner <rfertner at cox.net> wrote:
>
> http://www.wsj.com/articles/sears-sells-craftsman-brand-to-stanley-black-dec
> ker-1483623215
>
>
> Sears Sells Craftsman Brand, Will Close 150 Stores
>
> The cash-strapped retailer will sell its iconic Craftsman brand to Stanley
> for about $900 million.
>
>
> I wonder if the new owner's will honor the guarantee?
>
> Rob
> Wichita, KS
>
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