According to news this morning, Sears is selling Crafstman brand to Stanley. Quite a bit of money involved over a many year contract. We'll have to see what this does to the brand, quality of future tools, and warranty. So many questions. Good indication that Sears is in trouble, business wise.
- Thread starter RayP(MI)
- Start date
Gary from Muleshoe
Well-known Member
I heard on the news that it is selling to Black & Decker. Maybe that is just the power tools and Stanley the hand tools??
Butch(OH)
Well-known Member
Although tools marked Black and Decker have taken a definite downturn I have to hand it to them in that they have retained the quality in other brand names they have acquired. Proto is as good as ever and I personally think that Dewalt is also but some would argue that one. Cant see how they could hurt Craftsman? as Sears has done everything they could think off to decimate that mark over the last 15 years. Maybe B&D will drop the silly gadget type tools and China production. Wouldn't it be neat to see Craftsman tools coming out of the Proto plant, with Proto quality???? We can only hope.
Dave H (MI)
Well-known Member
I think the newer Craftsman are not the greatest. The Ace Hardware here sells them also.
Traditional Farmer
Well-known Member
- Location
- Virginia
There have been Craftsman tools sold at places other than Sears for at least 20 years as Turners gas station/auto parts place in Scottsville VA was selling new Craftsman tools back in the
late 1990's and they'd make the tool returns and such just like a Sears store.
late 1990's and they'd make the tool returns and such just like a Sears store.
T in NE
Well-known Member
- Location
- Cambridge, Nebraska
B&D, dewalt, and another power tool brand.
Stanley, proto, Irwin, vicegrip, bostitch, and if it goes through, crapsman.
For the money, craftsman are decent tools, but I'll bet JDSeller wasn't taking all those hoses off that fertilizer spreader with any Chinese craftsman wrenches.
Stanley, proto, Irwin, vicegrip, bostitch, and if it goes through, crapsman.
For the money, craftsman are decent tools, but I'll bet JDSeller wasn't taking all those hoses off that fertilizer spreader with any Chinese craftsman wrenches.
T in NE
Well-known Member
- Location
- Cambridge, Nebraska
It just means that the CEO and the hedge fund he runs is about done raping Sears and all associated brands.
They've been in trouble for years. Craftsman tools mfg was contracted out into China. Stanley is talking moving some back stateside.
If anything, I'm guessing the quality will improve.
They still had USA made tools. Branded Craftsman Industrial. Mostly special order only. For the money, at least you see the snap-on man every two weeks.
They've been in trouble for years. Craftsman tools mfg was contracted out into China. Stanley is talking moving some back stateside.
If anything, I'm guessing the quality will improve.
They still had USA made tools. Branded Craftsman Industrial. Mostly special order only. For the money, at least you see the snap-on man every two weeks.
They need to sell off Kenmore yet and then they can scrap the rest of what is left of Sears and Kmart.
Macy's, Kohls, Target are all having issues too, tho not as bad as Sears. Sears is done, the people running it are winding it down, there is no effort to revitalize it, but to fire sale it out over time.
Best Buy seems to have rebounded some for the time being, thry had been in trouble as well for a time.
Paul
Macy's, Kohls, Target are all having issues too, tho not as bad as Sears. Sears is done, the people running it are winding it down, there is no effort to revitalize it, but to fire sale it out over time.
Best Buy seems to have rebounded some for the time being, thry had been in trouble as well for a time.
Paul
old
Well-known Member
- Location
- Camdenton Missouri
Sears has been going down hill for a very long time. Back when Andrew hit FL allstate insurance hurt them a lot because they had to much in there stores and not enough cash to cover the damage from the storm so they had to sell off and borrow to pay things off and from then on they have slowly been going under. They said on the news the other day Sears is closing around 100 K-Mart stores due to sales being slow
rossow (mn)
Member
A lot of Craftsman "tools" in recent years have (a) either been made in China, (b) gimmicky such as can openers that double as back-scratchers, tire changers and cat spayers, or (c) both. I worked in sporting goods and hardware at two Sears stores in my early 20s, and I've been saddened to see the brand decline in recent decades. Sears is kind of like a friend from long-ago days -- you haven't visited him or otherwise had contact in many years, yet you feel bad to hear he has died. My Sears store (southern Minnesota) will close in late March. I admit to not having visited the store more than a couple of times a year in recent years, and then usually leaving without a purchase. I suppose I can survive OK with Lowes, Menards, Home Depot, Ace Hardware, etc., still around.
Craftsman doesn't make hand tools or power tools either.
they always sold tools made by other manufacturers. I don't have hard data but have been told that Craftsman hand tools are Stanley's anyway. Look at where Stanley tools are made today, they are clearly marked China. So New Britain Conn., where Stanley, Proto and other brands were made no longer produces tools, including a brand once sold by NAPA, called interestingly enough New Britain, which were also called Proto tools in other markets.
they always sold tools made by other manufacturers. I don't have hard data but have been told that Craftsman hand tools are Stanley's anyway. Look at where Stanley tools are made today, they are clearly marked China. So New Britain Conn., where Stanley, Proto and other brands were made no longer produces tools, including a brand once sold by NAPA, called interestingly enough New Britain, which were also called Proto tools in other markets.
old
Well-known Member
- Location
- Camdenton Missouri
I've got an old junk Money wards riding lawn mower out back. I got it for ma guy who wanted it gone just to clean up his place some
Saw this being being kicked around on TV this morning. On line shopping is making it hard for department stores to survive. They no longer have enough sales to support all the overhead of keeping their hugh stores open. The TV folks were saying this is a dilemma because lots of people still like to shop at the store while lots of others order on line, so to survive, businesses need to come up with a plan to accomodate both groups. As to online shopping, its ironic that Sears, Montgomery Ward, et al sat on there hands while Amazon beat them at their own game.
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