Sears sells Craftsman to Stanley Black & Decker

Sharing...

http://money.cnn.com/2017/01/05/investing/sears-sells-craftsman-stanley-black-decker/

 

wow. Not surprising, but that is a big sale.

 

Goodbye lifetime warranties...

 

Hopefully it'll remain a better tool than the Stanley/B&D shit.

 

Craftsman has been going downhill along with Sears, so not surprising. I've seen the tool section of my local Sears shrink to less than half of what it was, especially the hand tools.

 

Unfortunately youre both right, Sears will probably go under, and Craftsman will lose its quality and warranties to cut costs...buy them while you can...

 

A lot of craftsman stuff has been made overseas now, for like 5-years.

Sears has been circling the drain for a long time. Good bye.

 

Craftsman lost their quality a long time ago.

 

IIrc Stanley owns Mac tools allso!

 

Longer than that I believe. Lot of the Stanley/Mac/B+D stuff is coming back to the U.S.A.

 

Sadly I think much of Craftsman's quality is already gone. Seems like most of their stuff is made in China these days.

 

So... what's the best alternative to craftsman?

 

I still buy some of their tools occasionally, seem to be decent quality, although I've stayed away from the newer stuff

http://www.sears.com/craftsman-8-in...la7BQ80Pd-E0HpPormoV4aAvlu8P8HAQ&gclsrc=aw.ds

Milwaukee is a good brand but they don't make everything we need

 

I've never been a big fan of Craftsman anyway. And the lifetime warranty is great and all but I'd rather buy something good that doesn't break and require me to return it. Like Tommy Boy said "they know all they sold ya was a guaranteed piece of shit."

 

The amount of people who turned in tools because they actually stopped functioning is much less than those who just wanted a shiny new one, and even that number is small compared to everyone using them. They were good quality, with piece of mind to boot

 

Were....I own old style and new Craftsman stuff. The current stuff really sucks. Especially the ratchets. I have 4 broken new ones in the tool box now. I could return them but they continue to break on me so it seems pointless. My own Craftsman ratchet from 1988 is still clicking along though.

 

Craftsman was good when Husky made there hand tools and Waterloo made the toolboxes. it's been all down hill for them, Stanley put out chump change for Craftsman $900 Million, they paid more for Newell which owns vice Grip and Irwin $1.95 Billion cash deal back in Oct 2016.

So what's there line up now: B&D..Craftsman..Stanley..Newell..Mac..Proto

 

Throw DeWalt, Porter Cable and Bostitch in there as well. And a few random others.

 

Newell also owns Lenox, which is what they were probably more interested in. They have a lot of patents on cutting edges for saw blades.

 

Forgot about those Jowybyo.. These companies just keep buying each other out.