what will happen to CMAN

[klhitman]

i read a thread the other day on what will happen to CMAN if sears shuts downs??

i just wanted to let every one know that summit racing is now selling CMAN stuff

http://www.summitracing.com/search/brand/Craftsman/?autoview=ProductName

 

[ImportTuner]

I noticed that in my last Summit Tools catalog ...

 

[Techniker]

And the basis for this aside from unsubstantiated rumors would be...?

 

[Indy_500]

Sears ain't going nowhere. It may downsize, but it ain't going nowhere.

 

[NinetyTwoFifty]

An article from Yahoo Finance, can't remember the link.

 

[klhitman]

I noticed that in my last Summit Tools catalog ...

i seen it in my hot rod mags that i get

Sears ain't going nowhere. It may downsize, but it ain't going nowhere.

i didnt think they would go anywhere but you know how rumors have it.

 

[therealwormey]

yeah theyre at ace hardware and k-mart and i guess theyre gonna just keep expanding,,maybe theyll be on the snapon truck next

 

[Altec]

Sears ain't going nowhere. It may downsize, but it ain't going nowhere.

Are you talking like I do most of the time, or are you being clever?

They don't have that 84 tooth ratchet. Was hoping they would.

 

[Borrego]

Even if something happened to Sears, Craftsman would continue on. the name is too valuable. Maybe they would move the tools over to Kmart, Osh, and/or other places that currently sell Craftsman. If not, some company would step up to the plate and buy the name and the rights to it. Let's just hope it is not Stanley. We have seen what they have done to Proto tools.

 

[J.A.F.E.]

As I understand it Sears no longer owns the CMan name (or Die Hard and Kenmore) - it is owned by a holding company controlled by the former CEO of Sears and was purchased before the KMart deal. CMan tools are already available elsewhere so if Sears went away you'd just have to buy them somewhere else.

But as already mentioned Sears is not going away anytime soon. In a 15 or 20 mile radius of me is no less than 12 retail Sears stores. I could (possibly) see a few closing but by no means all.

 

[woody 73]

Even if something happened to Sears, Craftsman would continue on. the name is too valuable. Maybe they would move the tools over to Kmart, Osh, and/or other places that currently sell Craftsman. If not, some company would step up to the plate and buy the name and the rights to it. Let's just hope it is not Stanley. We have seen what they have done to Proto tools.

Yes I am with you the name is too valuable to just die on the vine; Anyone buying the name could keep on going for years.

 

[BigAl62]

yeah theyre at ace hardware and k-mart and i guess theyre gonna just keep expanding,,maybe theyll be on the snapon truck next

OK, off on a tangent here, but back in the early to mid 80's there was a Craftsman truck! I never saw one, but I read that they were trying it in a few test markets. Never caught on though. Did any of you ever see one?

 

[diesel research]

Even if the brand was discontinued, I'm sure danaher has plenty of other ways to offload their blems and rejects from their tool makers.

 

[Stuey]

What happened is that a market research company or analyst group or something like that said that they don't think Sears will last the year.

Even if Sears were to capsize this month, I think that the Craftsman brand has enough of its own momentum to spin off and carry forward.

Even if the brand was discontinued, I'm sure danaher has plenty of other ways to offload their blems and rejects from their tool makers.

And what about the other 98% of the Craftsman lineup that is not made by Danaher?

 

[Joe Mamma]

Craftsman will be around for a very long time... also Kenmore and DieHard. Here is an excerpt from a Letter to Investors from the chairman of Sears Holdings Corp from Feb 2008.

Thanks for posting this. But, a lot has happened in the economy since Feb 2008.

Joe Mamma

 

[earlthegoat2]

I would love to see Sears drop everything but Craftsman.

 

[GoBlue]

Man...a ton of haters here. Sears is by far the best tool store for someone who does not have tool truck access. I love how people ***** to high hell about sears and then rush to a matco or mac truck to pay a $500 markup for re branded stuff. Not everyone wants to pay truck prices or spend days at a weirdo fest flea market for a rusty 70 year old proto socket of un known size..

 

[paullie]

Sears ain't going nowhere. It may downsize, but it ain't going nowhere.

that's what they said about mongomery wards

 

[RustFarmer]

OK, off on a tangent here, but back in the early to mid 80's there was a Craftsman truck! I never saw one, but I read that they were trying it in a few test markets. Never caught on though. Did any of you ever see one?

1950
Craftsman hits the road as salesman Ed Faulk takes a Craftsman truck on a 10,000-mile selling trip across America, the first time Sears has sold merchandise from a mobile unit.

http://www.searsarchives.com/brands/detail/craftsman/1950s.htm

 

[nokiafan88]

1950
Craftsman hits the road as salesman Ed Faulk takes a Craftsman truck on a 10,000-mile selling trip across America, the first time Sears has sold merchandise from a mobile unit.

http://www.searsarchives.com/brands/detail/craftsman/1950s.htm

Wow that is an awesome picture, so old. I heard that there were craftsman trucks before but would lose a lot of money because people would turn in their old busted ratchets for new ones and not purchase much from the trucks. Its hard to compete when you have Mac and Snappy trucks in the scene but this is just what I heard so please don't take any of this seriously.

 

[diesel research]

And what about the other 98% of the Craftsman lineup that is not made by Danaher?

Ok, true, I will admit western forge is part of the whole Ideal>SK family, so they would also have to find a way to outlet their blems.

It's hard to guess percentages, but you would find quite a bit made by quite a few. Danaher and Ideal pretty much own the hardline lineup. I believe it was Waterloo owning most of the toolbox lineup? Bosch and vermont american did a lot of bits and cutting accessories. No clue on powertools, garden tools, or the lowest line tools.

Point is, they are often quite well established manufacturers and could easily find alternative retail methods.

 

[bimmer630]

Well maybe if this happens, I will have a local location to get my broken Craftstman tools replaced. I have to drive 40 mins to the nearest SEARS currently

 

[91FE]

1950
Craftsman hits the road...

That truck is awesome.