Thursday, January 12, 2017

Sears sells Craftsman Brand and Friday Favorites Linky Party Week 354

Super big news in the tool world last week. According to Business Insider, Sears sold the Craftsman brand to Stanley Black & Decker who also owns the Dewalt tool brand. According to The Motley Fool:


"Rather than buying Craftsman outright, Stanley Black & Decker is buying the rights to use the Craftsman brand outside of Sears-affiliated sales channels. Meanwhile, Sears Holdings will be able to continue producing and selling its own line of Craftsman-branded products in Sears and Kmart stores. Sears will start paying royalties to Stanley Black & Decker for use of the Craftsman brand after 15 years.

Since non-Sears retail outlets account for just 10% of Craftsman sales right now, Stanley Black & Decker is essentially paying for the growth potential associated with making Craftsman products more widely available. The deal was deliberately structured this way to protect Stanley Black & Decker from Sears' ongoing decline."

I can't say I'm surprised because the writing has been on the wall for Sears Holdings for quite awhile. For example, last Christmas Kmart made it impossible to buy a few items I was interested in both in local store and on line. They were little extras so it wasn't a loss that I didn't buy them. Although I know Husband had to jump through a quite few hoops to buy the Craftsman orbital sander I wanted for Christmas. Originally he wanted to give it to me for my birthday but couldn't find it.

I hugged my Craftsman sander like an eight year old girl getting an American Girl doll for Christmas.



I hate to see a business possibly go under but on a personal note, Iwill be happy as a clam if I can pop on down to my local Home Depot and such on the fly as Popular Mechanics speculates. Maybe that way I'll finally remember to buy the replacement Craftsman power tool batteries I keep forgetting to buy because it takes a special trip to a Sears long ago and far away.

And now - projects! Show me your projects!



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 Lisa at Condo Blues chose Super Mom Apron Sewing Project at Intelligent Domestications

ham-and-cheese-monkey-bread-5a
Jerri at Simply Sweet Home chose
Ham and Cheese Monkey Bread by Sugar, Spice and Family Life


Start your day off right with filling and healthy egg white, spinach, and feta breakfast sandwiches. Best of all...they can be made ahead for busy mornings!
Penny at Penny's Passion chose
9-low-carb-cauliflower-recipes 
Sheree at Stage Presents chose
9 Low Carb Cauliflower Recipes by The Healthy Helper Blog


Friday Favorites at Light and Savvy 
Christine at Light and Savvy chose


Jen at Creatively Homemade chose
Frugal Cooking Substitutions by Little House Living



IMG_0834.JPG 
 Amy at A Day of Small Things chose


Dawn at LeroyLime chose
No Knead Artisan Bread by If You Give a Blond a Kitchen

 
  Love these vinyl floors from @GoHaus. They look great in my farmhouse style home! Adore this entryway wall decor too.
Vinyl Flooring by Lolly Jane


Maisy at Becoming Alice chose chose Winter Bliss Body Scrub by My Thoughts, Ideas, and Ramblings


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