Sears tools were originally positioned as a reliable and dependable range of tools available to tradespeople and DIYers. However, in recent years, Sears has been under immense financial pressure. As a result, they have had to reduce the range of tools they offer, resulting in fewer quality products being available.
The company has also shifted its emphasis away from tools, towards other products and services. This has seen the focus of the Sears chain move away from tools and the range of professional-level tools has been reduced significantly.
This has resulted in fewer customers, despite their attractive prices.
In addition, Sears has had to reduce its presence in the market due to store closures. This has had a direct effect on the availability of their tools, as customers would no longer be able to find them in their local stores.
Therefore, customers now have to purchase Sears tools online or through independent retailers.
Overall, Sears tools, despite being a trusted brand, has suffered from financial pressures, leading to decreased sales and reduced market presence.
- Who took Sears Craftsman?
- Does Sears still make Craftsman tools?
- How do I exchange Craftsman tools at Lowes?
- Does Lowes honor the Craftsman warranty?
- Are Craftsman tools coming back to USA?
- What other brands does Craftsman make?
- Which Craftsman tools are still made in USA?
- Who bought out Craftsman?
- Is Craftsman only sold at Lowes?
- Is Lowes getting rid of Craftsman?
- Is there still a lifetime guarantee on Craftsman Tools?
- Are Craftsman tools any good anymore?
- Did Craftsman tools go out of business?
- Where can I buy Craftsman tools after Sears closes?
- Does Lowes or Home Depot sell Craftsman?
- Is Kobalt owned by Lowe’s?
Who took Sears Craftsman?
In 2017, Sears was acquired by the CEO of ESL Investments, Edward Lampert. However, earlier that same year, ESL Investments had purchased the Craftsman brand from Sears for over $900 million. Craftsman is a well-known tool brand, and is owned by Stanley Black & Decker at this point in time.
Edward Lampert purchased the brand with the intention of setting the Craftsman brand free from Sears and to grow it as a stand-alone business. The wheeled tool storage business was also part of the sale, but the two were sold separately.
In addition, Lampert allowed Craftsman to keep a licensing arrangement with Sears that allows Craftsman products to be sold there. As of 2021, Craftsman products can be found in a variety of retailers, including Ace Hardware and Lowe’s.
Does Sears still make Craftsman tools?
Yes, Craftsman is still making tools. Craftsman is owned by Stanley Black & Decker and they continue to produce Craftsman tools at their stores and online. Craftsman has a wide range of products, including hand tools, power tools, garage door openers, storage solutions, and more.
In addition to being available at Sears, Craftsman tools can also be found at a variety of other retailers including Ace Hardware, Walmart, and Lowe’s. While much of the manufacturing is now done overseas, Craftsman continues to have a large presence in the American tool market.
How do I exchange Craftsman tools at Lowes?
You can exchange Craftsman tools at Lowe’s that have been purchased within the last ninety days. In order to exchange your Craftsman tools, you will need to bring the item(s) to the Returns Desk or Service Counter at your nearest Lowe’s.
Be sure to bring the original receipt or purchase order if you have one. If you do not have proof of purchase, the exchange process may be more difficult, but Lowe’s may be able to look up your purchase with your phone number or a valid ID.
If you are unsatisfied with the Craftsman product for any reason, you can also exchange it for something else at Lowe’s. However, you will only be able to exchange it for an item that is of equal or lesser value to that of your original purchase.
You will not be able to return or exchange your Craftsman tool if it was purchased at another store, such as a competitor. In that case, you would need to contact the store of original purchase.
Does Lowes honor the Craftsman warranty?
Yes, Lowe’s does honor the Craftsman warranty, which is in effect for Craftsman hand tools and power tools purchased from Lowe’s. All Craftsman tools from Lowe’s are covered by a one year replacement guarantee and a limited lifetime warranty.
The one year replacement guarantee covers any defects in material or workmanship found in the product. If a product qualifies for the warranty, Lowe’s will, at its discretion, repair or replace the product.
The limited lifetime warranty covers normal wear and tear, defects in materials and workmanship, and provides for the repair or replacement of defective parts at no cost to the customer. Lowe’s may require proof of purchase as part of the warranty process.
Additionally, Lowe’s reserves the right to replace an item with a comparable item or refund, if a repair or replacement is not available.
Are Craftsman tools coming back to USA?
Yes, Craftsman tools are indeed coming back to the USA! Earlier this year, Stanley Black & Decker announced they had acquired the rights to the Craftsman brand and vowed to start producing Craftsman tools in the USA once again.
They promised to equip their US factories with robotic technologies, so they can produce a wide variety of premium-grade Craftsman tools with speed and accuracy. These new tools are expected to hit the shelves later this year, proving that Craftsman tools are indeed coming back to the USA!.
What other brands does Craftsman make?
In addition to Craftsman tools and equipment, the Sears Holdings Corporation markets a variety of brands that are also known for quality and value. These include Kenmore appliances, Die Hard batteries, C3 cordless tools, and Craftsman-branded lawn and garden products.
The company also owns the largest direct marketing business for home improvement in the U. S. Brands like Kenmore, Die Hard, and Craftsman are long recognized for their excellence in helping the do-it-yourself enthusiast.
The Sears Holdings brand family also includes top quality national brands like Kenmore Pro, Die Hard Gold, Denali, and RoadHandler. Additionally, Craftsman tools are also available in a variety of categories including hand tools, power tools, garage organization systems, hand and power tool accessories, and lawn and garden tools.
Consumers can find Craftsman tools in various retail locations, including Ace Hardware, Amazon, Home Depot, and Lowes.
Which Craftsman tools are still made in USA?
Craftsman has been a leader in tool manufacturing for decades, and many of their products are still made in the United States. Some of the most popular tools to have the “Made in USA” designation include their full line of ratchets, torque wrenches, pliers, screwdrivers, utility knives, tape measures, hammers, levels, and wrenches.
Other popular tools to have the “Made in USA” designation include their full line of power tools, including circular saws, drills and jigsaws, as well as their popular lawn and garden equipment. Additionally, Craftsman’s system of interchangeable attachments, tool chests, and buckets all have the Made in USA designation.
You can easily identify which Craftsman tools are made in the USA by looking for the “Made in USA” logo on the packaging. On the product’s packaging, the logo should be printed or embossed on the package, or at the top or bottom of the item itself.
You can also find the “Made in USA” logo printed prominently on the tools themselves.
Craftsman’s emphasis on tool quality that meets their highest standards starts with the “Made in USA” designation. With craftsman tools being some of the most reliable and long-lasting tools on the market, you can be sure that when you purchase a product with the “Made in USA” logo, you are purchasing products of the highest caliber.
Who bought out Craftsman?
In March 2017, Stanley Black & Decker Inc. acquired Craftsman from Sears Holdings Corp. for around $900 million. The acquisition gives Stanley Black & Decker ownership of the Craftsman brand, including the iconic product line, trademarks, and tool designs.
In addition, Stanley Black & Decker will have the right to produce and sell Craftsman branded products in a wide variety of channels both in the U. S. and internationally. As part of the purchase, a 10-year agreement was also signed between Sears Holdings Corp.
and Stanley Black & Decker which allows Sears to sell Craftsman products without competition. This is the first time since 1927, when Sears began offering Craftsman tools, that it has allowed another company to manufacture, market, and distribute the products.
Stanley Black & Decker will continue to produce Craftsman products in their existing factories and continue to use their current manufacturing processes.
Is Craftsman only sold at Lowes?
No, Craftsman tools are available from a variety of retailers. While Lowe’s does carry a selection of Craftsman tools and products in their stores, Craftsman is also available from other major retailers such as Amazon, Home Depot, Sears, Walmart and Ace Hardware.
In addition, the full selection of Craftsman products and accessories can be found on the Craftsman website.
Is Lowes getting rid of Craftsman?
No, Lowe’s is not getting rid of Craftsman. In fact, Lowe’s recently announced an exclusive multi-year agreement with Stanley Black & Decker to be the distributor of Craftsman products in the United States and Canada.
This means that Lowe’s will now be the only place where customers can purchase Craftsman products, including tools, outdoor power equipment, and storage solutions. This agreement also gives Lowe’s the exclusive rights to market and sell Craftsman products both online and in stores.
Additionally, the agreement will allow Lowe’s customers the exclusive ability to access Craftsman’s line of professional-grade tools, expand the assortment of products available, and increase market share.
This agreement will help ensure that Craftsman remains a trusted brand with a greater presence in the marketplace for years to come.
Is there still a lifetime guarantee on Craftsman Tools?
Yes, there is still a lifetime guarantee on Craftsman Tools. The Craftsman lifetime guarantee was first instituted by Sears (the manufacturer of Craftsman Tools) in 1927, and it remains in place today.
The guarantee states that any Craftsman tool that fails due to a material or manufacturing defect will be replaced free of charge. The replacement tool will be equivalent to the original tool, and must be compatible with existing Craftsman products.
If a Craftsman tool is no longer sold, an upgraded model of equivalent quality will be provided. The Craftsman lifetime guarantee only covers original owners and does not cover lost or stolen items. In order to receive a replacement, original receipts or proof of purchase must be provided.
Additionally, the Craftsman lifetime guarantee can only be used for tools sold within the United States.
Are Craftsman tools any good anymore?
Craftsman tools are still very good quality tools. Many of the designs have been around for decades and have been proven effective and reliable. Craftsman offers great value for the money and their tools come with a lifetime warranty.
That means if it ever fails, they will replace it with a comparable product at no cost to you. Craftsman also has a wide range of products and accessories, so you should have no problem finding what you need.
Overall, they are still a great choice when it comes to buying quality tools.
Did Craftsman tools go out of business?
No, Craftsman tools are still in business. Owned by Stanley Black & Decker since 2017, Craftsman has been producing quality tools since 1927 and is widely regarded as one of the top leading tool brands.
Craftsman is widely available in many retailers including Lowe’s, Home Depot, and Menards, as well as from its own website. Despite any rumors, Craftsman is doing just fine and is currently producing a wide selection of new power tools, specialty tools, and hand tools for the professional and handyman alike.
Where can I buy Craftsman tools after Sears closes?
Since Sears filed for bankruptcy in 2018 and eventually announced it will be closing all stores in 2020, those who are used to buying Craftsman tools at Sears locations will unfortunately need to find an alternate retailer.
Fortunately, Craftsman tools are available at many retailers nationwide, including Lowe’s, The Home Depot, Amazon, and Ace Hardware. On Craftsman’s official website, consumers can search for nearby retailers and even purchase Craftsman tools directly from the website.
Additionally, due to the reach of the brand, consumers can sometimes find Craftsman tools listed on websites like Ebay and Craigslist, as well as from independent retailers. Finally, some Sears stores may remain open after 2020 and will still carry tools from Craftsman until then, which makes them one of the largest retailers of the brand.
Does Lowes or Home Depot sell Craftsman?
Yes, both Lowe’s and Home Depot stores offer Craftsman products. Craftsman is owned by Stanley Black & Decker, who has partnered with both Lowe’s and Home Depot to provide customers with a range of Craftsman Tools, Lawn & Garden products, and Storage solutions.
At each store you will find a selection of Craftsman tools, including ratchets, sockets, wrenches, screwdrivers and more. You will also find Craftsman Outdoor Power Equipment such as lawn mowers, trimmers and edgers.
In addition, Lowe’s and Home Depot both offer Craftsman storage solutions such as tool boxes, tool chests, wall cabinets and Handy Storage Solutions.
So, if you’re looking for Craftsman products, you’re in luck: both Lowe’s and Home Depot carry great selections of Craftsman products at competitive prices.
Is Kobalt owned by Lowe’s?
No, Kobalt is not owned by Lowe’s. Kobalt is a brand of tools and products owned by the Stanley Black & Decker Corporation. Lowe’s is an American retailer that specializes in home improvement, appliances, and tools.
While Lowe’s does sell Kobalt products, the two are not affiliated. Stanley Black & Decker purchased the Power Tool division of Wanxiang Group, a Chinese automotive parts manufacturer, in 2016, thereby acquiring the rights to the Kobalt brand.
As of 2020, Stanley Black & Decker continues to design, produce, market, and sell Kobalt products.