The history of the Craftsman brand is long and varied. It had been owned by a number of companies over the years, but Sears, Roebuck and Company (now owned by Transformco) has maintained ownership of the Craftsman trademark since 1927.
For most of its history, the brand was associated with Sears and sold exclusively through the company. Craftsman products were marketed as reliable, durable tools and set the standard for tools in the industry.
In 2017, Stanley Black & Decker purchased Craftsman from Sears for an estimated amount of $900 million. Stanley Black & Decker continues to uphold the same standards for quality and reliability that the Craftsman brand has been known for over the years.
Craftsman products are still available through Sears, as well as other retail outlets.
What happened to the Craftsman brand?
The Craftsman brand has gone through a few different transitions in its history. Originally, Craftsman was owned by Sears, which it had been since 1927. Over the years, Craftsman built a reputation for quality and became one of the most popular and recognizable tool brands.
However, in 2017, after years of financial struggles and store closures, Sears eventually sold the Craftsman brand to the Stanley Black & Decker company for $900 million.
Today, Craftsman is still owned by Stanley Black & Decker and is sold in many of the same locations that it always was, such as Sears and Ace hardware stores. Although Craftsman products are still developed in the same state-of-the-art facilities and tested in the same rigorous way they always have been, they are now being positioned as a mid-level, “premium” tool option.
This allows Stanley Black & Decker to provide customers with products that are at the top-end of the mid-level price scale and above the entry-level price. Additionally, Stanley Black & Decker offers a range of Craftsman products, expanding their catalogue to encompass more than just the traditional Craftsman tools.
While the Craftsman brand has certainly gone through a lot of transitions over the years, it is still a respected tool option for many customers around the world. Stanley Black & Decker continues to build on the strength of the brand name and make Craftsman products that are both reliable and affordable.
Can you return Craftsman tools Lowes?
Yes, you can return Craftsman tools to Lowes. When returning Craftsman tools to Lowes, you will need to have the receipt for the tools you wish to return. Refunds for returned items are typically processed through the same payment method used for purchase.
If you are unable to provide a valid proof of purchase, you may receive a store credit for the current selling price of the item. All returns must be in new and resalable condition with original packaging and accessories.
After the return is accepted, Lowes will issue a refund minus any applicable restocking fees. If you purchased an item online, you can opt to return the item at any Lowes store near you. Returns of online purchases must be initiated through the online process within 30 days of receipt.
Is Kobalt owned by Lowe’s?
No, Kobalt is not owned by Lowe’s. Kobalt is a brand of tools, lawn and garden equipment and related accessories owned by the Kraft & Wilson Co. , a leading manufacturer and marketer of professional-grade power tools in the US.
It is exclusively sold at Lowe’s Home Improvement stores. It was launched in 1998 to provide professional-grade power tools and related accessories at an affordable price only through Lowe’s stores. Kraft & Wilson Co.
engineers and manufacturers the vast majority of Kobalt products, while some third-parties are occasionally contracted to provide related accessories.
Who sells Craftsman tools Lowe’s or Home Depot?
The answer to this question depends on where you live and the types of Craftsman tools you are looking for. Lowe’s carries the majority of Craftsman tools, including power tools, hand tools, air tools, storage solutions and workbenches.
Home Depot carries Craftsman power tools that are exclusive to the store, including hammer drills, grinders, and combo-kits. Additionally, Home Depot sells a few other Craftsman tools, such as wrenches, ratchets, saws, and screwdrivers.
It is worth noting that both Lowe’s and Home Depot have Craftsman garage door opener plans available for those looking to revamp their garage doors. Additionally, Craftsman tools for both stores can be purchased online for convenient delivery.
In conclusion, both Lowe’s and Home Depot carry a variety of Craftsman tools for customers. It is always a good idea to compare the availability of specific Craftsman tools at each store in your area, so that you can purchase the one that best suits your needs.
Where can I buy Craftsman tools after Sears closes?
After Sears closes and Craftsman tools are no longer available through that retailer, you can still acquire Craftsman tools through other retailers, both online and in store. Ace Hardware carries Craftsman tools, both the Classic line of hand and power tools, and the Nextec line of Lithium Ion battery-powered tools.
Menards also carries Craftsman tools. Additionally, Craftsman tools can be found online through third-party sites such as Amazon, E-Bay, and other online retailers. Craftsman also has their own website where you can browse and purchase tools directly from the company, and even find coupons for their products.
Who bought Craftsman products?
Craftsman products were historically sold through Sears stores and through the Sears catalogue. In 2017, the parent company of the Craftsman brand, Stanley Black & Decker, began selling Craftsman products through retailers such as Lowe’s, Amazon, and Ace Hardware.
Nevertheless, many Craftsman tools, accessories, and repair parts can still be purchased directly from Sears. Additionally, customers can often find Craftsman products at independent dealers and hardware stores throughout the United States.
Where are Craftsman tools made now?
The majority of Craftsman tools are now made in Taiwan and China. While some Craftsman products are still manufactured in the U. S. A. and other parts of North America, most are now made overseas. Craftsman tools are produced in a wide variety of locations around the world, such as China, Taiwan, India, Japan and Thailand.
In addition, some Craftsman products are produced in Mexico and Canada. It is important to note that the quality of Craftsman tools, regardless of country of origin, is maintained through stringent manufacturing processes and standards.
Does Lowe’s own Ace Hardware?
No, Lowe’s does not own Ace Hardware. Lowe’s is a home improvement chain owned by Lowe’s Companies, Inc. , while Ace Hardware is an independent hardware cooperative owned by a network of independently-owned Ace stores.
Lowe’s Companies, Inc. does own Orchard Supply Hardware, which operates in California, Oregon and Florida. Orchard Supply Hardware is a retail hardware and garden supply store with a focus on providing its customers with a customer service experience that rivals that of independent hardware stores.
Lowe’s Companies, Inc. also operates the independent hardware store Myers Lumber in Mecklenburg, Virginia.
Is Lowe’s owned by Walmart?
No, Lowe’s is not owned by Walmart. Lowe’s is a separate company from Walmart and is in fact the second largest home improvement retail chain in the United States. Lowe’s operates 2,370 stores in North America, including in Canada and Mexico, and is based in Mooresville, North Carolina.
The company was founded in 1946 and has since grown to become a major home renovation retailer. Lowe’s is publicly traded on the New York Stock Exchange and is currently valued at over $60 billion. In comparison, Walmart is the world’s largest retailer and is worth over $500 billion.
Is Craftsman owned by Stanley?
No, Craftsman is no longer owned by Stanley. Stanley Black & Decker acquired the Craftsman tool brand from Sears Holdings in 2017. In the same year, Stanley Black & Decker entered into a contract with Lowe’s to sell Craftsman products in its stores.
Prior to the sale, Craftsman had been owned by Sears, Roebuck & Co. for nearly a century. At the time of the sale, the Craftsman brand had been the number one tool brand in the United States for 90 years.
Lowe’s continues to exclusively offer Craftsman tools, accessories, and outdoor power equipment in the United States. Lowe’s also offers Craftsman tools online in addition to within its stores.
Is Craftsman coming back to USA?
Yes, Craftsman is returning to the USA. The popular tool and home improvement line, owned by Stanley Black & Decker, is now being produced and manufactured in Fort Worth, Texas. The move is part of a joint venture with Texas-based OEM Solutions, which will allow Craftsman to bring more jobs and investment to the USA.
This move will create more than 200 new manufacturing jobs in Fort Worth and will produce Craftsman tools and products in the USA for the first time since 2017. The new packaging and labels of Craftsman tools will feature the phrase “Made in U. S.
A. ” to signify their American craftsmanship. Additionally, all products will have a lifetime warranty, further demonstrating Craftsman’s commitment to the highest quality.
What does the V mean on Craftsman tools?
The ‘V’ on Craftsman tools stands for VersaTrack, which is a storage system for tools offered by Craftsman. VersaTrack consists of two components – wall tracks and hangers – that are installed side-by-side and allow you to hang tools from either the wall or the wall tracks.
The ‘V’ indicates that the tool is compatible with the VersaTrack system. This system keeps your tools organized and saves floor space so you don’t have to dig through boxes or drawers to find the tool you need.
Plus, it looks neat and tidy. The VersaTrack system is especially useful for those with limited storage space, as you don’t have to worry about tools taking up the whole garage or work area.
