Sears is selling Craftsman tools - Page 5 - GL1800Riders
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post #41 of 54 (permalink) Old 01-08-2017, 05:20 PM
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Kmart and Sears are both going to be dead brands within the next few years. Same as JC Penny. I used to shop at Kmart a lot when I was younger - and where I used to live it was the Big Store locally. had to drive a bit to shop at JC Penny for some "nicer" clothes. Then they forgot who their customer base was. Started to go with Jacelyn Smith and Martha Stewart brands - upscaling the price while downscaling the quality and value. People figured if they were going to spend the same money as the nicer store brands - then they'll go shop at the nicer stores.


Quality went down, customer service went down, condition of stores went down - you could see the trend. But the CEO's had their heads in the golf course sand and didn't care - they still got their money. When Kmart went bankrupt, all their employee's stock (luckily I had already sold what little I had) became worthless, creditors took it in the shorts - the CEO's still had their money. Then Kmart was now debt free - so they bought Sears and started the game over again. I have refused to step foot into a Kmart since they did that. Used to love Sears - not sure when the last time I shopped there as the value just isn't there anymore.


The Craftsman tool line will continue to live a while longer based on the reputation of what and how they used to be, but very soon it will be in the same category as Pittsburg, Northern Tool and Harbor Freight.
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post #42 of 54 (permalink) Old 01-08-2017, 05:29 PM
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Article I saw said Stanley was moving Craftsman tool production to a new factory IN USA. Who knows.
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post #43 of 54 (permalink) Old 01-08-2017, 07:28 PM
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Article I saw said Stanley was moving Craftsman tool production to a new factory IN USA. Who knows.
Yup

http://fortune.com/2017/01/05/stanle...-decker-trump/
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post #44 of 54 (permalink) Old 01-08-2017, 08:31 PM
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Article I saw said Stanley was moving Craftsman tool production to a new factory IN USA. Who knows.
That makes sense, and I imagine they will make a lot of changes. Sears doesn't manufacture anything. They just have their name put on products. Stanley is a manufacturer. But Craftsman products are sourced from dozens of different manufacturers, depending on what the tool is.

Regardless of whether it is US made or off shore, the quality will depend mostly on what their target price point will be, not where it is made. Any mfr can build great products, and any mfr can build cheap stuff.

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post #45 of 54 (permalink) Old 01-09-2017, 07:40 AM
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Sear's needs to hurry up and go out of business. Their tools started to suck years ago, I do have a complete set of craftsman tools form the early 60's when they had pride in their products. Sad to say, it's very difficult to buy anything American made, I hate buying anything made in China, and I mean anything!
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post #46 of 54 (permalink) Old 01-09-2017, 09:13 AM
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Sear's needs to hurry up and go out of business. Their tools started to suck years ago, I do have a complete set of craftsman tools form the early 60's when they had pride in their products. Sad to say, it's very difficult to buy anything American made, I hate buying anything made in China, and I mean anything!
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post #47 of 54 (permalink) Old 01-09-2017, 10:36 AM
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Interesting read on how to rip off the investors of one company to inrich the investors of another company.

http://www.businessinsider.com/sears...chances-2017-1
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post #48 of 54 (permalink) Old 01-09-2017, 01:53 PM
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The same in San Jose, CA at the Orchard Supply Hardware Store. They too carried Craftsman tools for several years.
OSH in Fresno sells Craftsman tools.

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post #49 of 54 (permalink) Old 01-09-2017, 02:01 PM
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Those guys in Southwest Michigan are tough. Never have I had trouble with Sears out West in any dept.
About 3 months ago I went to Sears to replace a bad 1/2" ratchet. Mine was an old discontinued model and they replaced it with a much better ratchet. Walked out a happy camper.
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post #50 of 54 (permalink) Old 01-09-2017, 02:27 PM
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Interesting read on how to rip off the investors of one company to inrich the investors of another company.

http://www.businessinsider.com/sears...chances-2017-1
Very interesting. I like stuff like this, seeing businesses before the brink of death. I can't believe, being as pompous as EL is, that he just doesnt cut his losses and shut them down now. Just be done with it.

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