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Amy at A Day of Small Things - Pin

Small projects like this keep my Cabin Fever which rolls into Spring Fever in check while I'm waiting for it to be warm enough to work on projects in my garage workshop.A post shared by Lisa (@condoblues) on
"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."
