Is Craftsman better off now that it is not owned by Sears Holdings?
Craftsman is now owned by Stanley Black and Decker. Many of the tools bearing the Craftsman name are made under license, and not all are the renowned lifetime tools I own from my youth. Sears, Lowes, and ACE Hardware (among others) sell the licensed Craftsman name on some of their tool sets.
“When Stanley Black & Decker bought the Craftsman brand from Sears Holdings last year, the deal — valued at $900 million — let both companies continue making and selling products under the Craftsman label.” — from Competing Craftsman tool brands? Stanley, Sears aren’t concerned about confusion
While Craftsman has a fairly complete line of tools, Snap-on, Matco, Husky, Proto, Stanley, and others Have complete lines that are known for lifetime guarantees and Professional Quality. Top 10 Mechanic Tool Brands , What is the best brand of tools for mechanics?.
Being sold outside of Sears, The brand can be rebuilt and expanded -or just fade into obscurity. Time will tell. Hell, you can even get Craftsman on Amazon! Amazon.com: craftsman tools
My hope is that Tools manufactured for the Craftsman label will retain the quality of the Craftsman lineage, and “no questions asked” lifetime warranty.
Thanks for the A2A. I use all kinds of tools when I build for my website, The Chenkin Workshop