Craftsman sold to Stanley

[House of Wax]

Stanley Black & Decker buys Craftsman Tools | WTOP

Interested to see what/if Stanley does with the Craftsman name. A guy on another forum posted:

I work for Stanley and there is a plan to bring production to the states. Unfortunately or fortunately our facilities in the states that produce Proto or MAC are at capacity with a little capacity at stanley facilities. So a new plant will be built. I am excited to see what we can do with the craftsmen namesake.

Safe to say Sears can go ahead and close up shop? That`s crazy.....they mention in that article Sears bought the Craftsman brand for $500 lol

[Migue]

hah wow... not surprising, I recently saw a chart showing certain retailers value throughout the past 10yrs or so and Sears was hurting bad with a constant drop . Amazon was the total opposite with being the strongest of all the ones listed, with Wal-Mart maintaining their share throughout the years and staying steady.

[runrun411]

Eventually Amazon wifi swallow them all. It`s just a matter of time.

[Bunky]

If you have been in a Sears store in our area, you can see why they are not doing well. The stores are old looking and not inviting. In the tools area, the stocking is poor. K-mart is the same story.

[rottenII]

The tool aisle was the only reason I visited sears. Most of my hand tools are Craftsman. Hopefully Stanley`s takeover is for the better.

[davidc]

Sears did it to themselves a long time ago with their snobbish pain in the a** attitude when a broken tool was brought in. They would try anything to not warranty those tools. The last time I was in a Sears was probably 15-20 years ago, I had taken my Torque wrench in for a skipping tooth, they hassled me enough and I just had enough over the years. I will not miss them.

Dave

[Accumulator]

I`ve gotta say that I`ve had perfectly great customer-service when I took them back for replacement(s), but the overall (recent- last 25 yrs) quality of Craftsman tools has turned me off to where I doubt I`ll ever buy any more...downright dangerous in some cases (that breaker bar I`ve posted about). Sigh..I have a *MOUNTAIN* of Craftsman stuff (the tools from years ago are generally pretty good).

If I`m not springing for top-shelf I just buy something I consider disposable from Harbor Freight.

[Fast Eddie]

Nothing like bringing in an old USA made Craftsman tool for warranty and having it replaced by some import low quality POS.

[JBM]

Sears has a wonky vibe in there. A step up from Walmart but sharing the same customers. Crazy checkout times and a hassle to even find a register sometimes. The place needs a gameplan.

[DaveT435]

It would be nice to see production move back to the states.

[2quikta]

The question is, will they still honor the warranty

[rlmccarty2000]

Sears is going the way of Radio Shack. We have a small one in my town and it is about useless. No service after the sale. I drive about 30 miles to the closest Lowes for appliances, tools, lawn equipment, etc, where 10 years ago I was going to Sears.

[Tpr1634]

Matter of time before Sears shut its doors, I use to shop there all the time now it`s Amazon. If I need tools I go to Home Depot or lowes craftsman tools quality sucks. Maybe another too big to fail on the thresh hold of history.

[dschribs]

Sears is also looking for buyers for its Kenmore and DieHard brands as well.

Yes the company is failing - but the billionaire CEO is doing just fine.

Why Sears is failing and closing stores - Business Insider

[The Driver]

Eventually Amazon wifi swallow them all. It`s just a matter of time.

That`s why I stick to companies that are a bit more niche, I swear by Wera, Gedore, knipex and Wiha. Good luck matching OEM quality, I do hope stanley/craftsman pick up there game. I buy a tool ONCE not 3 times.