Sears Sells Craftsman Brand to Black and Decker
Highlights

Sears Sells Craftsman Brand to Black and Decker

Only tangentially related to British cars, but still important to those of us who work on our own cars is the news that after controlling the Craftsman name for 90 years, troubled department store operator Sears said it will sell the famous tool brand to Stanley Black & Decker Inc. Stanley, which makes and sells tools under the DeWalt and Black & Decker names, wants to grow the Craftsman brand by selling its products in more stores outside of Sears. Today, only 10 percent of Craftsman products are sold in other stores.