Could be wrong, but I think Sears is switching away from Empire as the supplier for Craftsman levels and layout tools. Surprisingly, they seem to be switching to Johnson, another American manufacturer.
I just bought the Craftsman 7in combo square. I can confirm it is not made by Empire anymore, and in fact, I really don't like whoever does make it now. Besides the issue that their 7in combo square is now only 6 inches (checked the part numbers, they ship a 6in combo square with the same part number as the 7in listing online, and it's not an online mistake, as they also have a separate listing for the 6in combo square with a different part number). It is Made in USA of US and Global materials at least (the old empire ones were entirely made in USA). The old Empire made craftsman squares also had an actual 7in model.
The ruler is hard to read. The laser etched empires are way easier to read.
The vial has a cheap plastic cap to keep it in place. It also falls out frequently.
There is still lots of sharp metal that wasn't completely removed from when it was removed.
The blade lock tension adjuster is cheap, and sort of falls/springs apart occasionally.
The empire ones are drastically better. Needless to say I'm calling sears tomorrow to complain about not only the quality, but the fact that they now sell two 6in combo squares, but list one of them as being 7inches.
EDIT: just googled Johnson Combo Squares and that looks like what I have. Not impressed. Couple photos. One Johnson/Craftsman next to an Empire, and one showing the sharp metal slivers left from machine work, and one showing the cheap plastic cap to hold the vial in.