(Topic ID: 178366)

Craftsman sold to Stanley!?!

By pinball_faz

7 years ago


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#7 7 years ago

I think everyone here has pretty well nailed it in some way, shape, or form. The Craftsman brand took a huge downturn over the last years once the brand went overseas. The quality wasn't there. For years and years Craftsman was "THE" brand to have. And you paid a premium for it. And you had toolsets handed down from father to son, etc. But it's changed now, and my Husky stuff is just as good, much more readily available, and much cheaper.

What we see everywhere is that the older brick and mortar stores need to make a radical shift to keep up with the changing retail market. It's across all retail sectors that this is happening. Unfortunately the model that worked for the last 75 years just isn't viable any more. Whether they are trying to sell Craftsman to save themselves or the brand doesn't matter. It's a shell of what it used to be. Personally I think that the day I went to KMart years ago and saw a Craftsman section was a huge nail in that coffin.

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