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Topic: Craftsman Tools For Sale by Sears..........WOO?????
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Page 1 of 1 of 4 replies
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October 08, 2016 at
01:48:59 PM
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12/27/2004
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http://www.businessinsider.com/sears-is-soaring-after-reports-it-may-sell-craftsman-2016-10
How would a sale of the Craftsman Line by Sears affect the WOO ?
Johnny, got any info on this?
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October 08, 2016 at
06:09:12 PM
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Reply to:
i beliveve that the sale is precourser to sears going down the tube. have you been to sears lately? here in chico thay have limited hours and staff. three days ago i was there looking for mm sockets, racks are nearly bare.
jmo here guys and K mart is owned by sears, closing stores also...
Ascot was the greatest of all time..
West Capital wasn't half bad either..
Life is good...
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October 08, 2016 at
11:26:30 PM
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Reply to:
I doubt you will hear little to nothing. There are way too many variables here that are buried deep down in the contract. You will know something when a press release goes out if it does.
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October 09, 2016 at
07:39:15 AM
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Reply to:
Posted By: NWFAN on October 08 2016 at 06:09:12 PM
i beliveve that the sale is precourser to sears going down the tube. have you been to sears lately? here in chico thay have limited hours and staff. three days ago i was there looking for mm sockets, racks are nearly bare.
jmo here guys and K mart is owned by sears, closing stores also...
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Yeah, sounds like selling Craftsman will just buy them a little time. You make a good point. I rarely ever go to Sears and when I do it's only because I need blades for my Craftsman edger. Kmart actually pulled out of Texas many years ago, although there is still one store that I know of out in Abilene. With respect to the WoO I'm sure that the current agreement will be honored by whoever buys them for it's duration anyway, but beyond that who knows.
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October 09, 2016 at
07:40:48 PM
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The fact that Sears is in a death spiral is not new news. In fact, when the Craftsman sponsorship was announced, the health of Sears was brought up. Some people believed that the Craftsman sponsorship was a step in seperating itself from Sears. The news that the Craftsman brand is being split up is also not new news.
It would be foolish to try to sit and determine what the new owners would do with this agreement. It is safe to say that if they are seeing value in the agreement that they will continue. In other words, go buy yourself some Craftsman tools.
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