[TheForge] Sears has sold Craftsman brand to Stanley Tools

[Rob Fertner]

Apparently they plan on honoring the guarantee. Here's more information at
this link:

http://toolguyd.com/craftsman-brand-sold-to-stanley-black-decker/

Rob

-----Original Message-----
From: TheForge [mailto:theforge-bounces at mailman.qth.net] On Behalf Of
Charles
Sent: Thursday, January 05, 2017 7:02 PM
To: Blacksmithing List Sponsored by ABANA
Subject: Re: [TheForge] Sears has sold Craftsman brand to Stanley Tools

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-bla
> ck-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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