Quote:
Originally Posted by RKDinOKC
Husky at home depot and harbor freight put craftsman out of business.
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Craftsman put Craftsman down. Their quality has steadily declined for twenty plus years. As the quality declined people started buying other brands including HF. And of course HD and Lowes both have no questions asked return policies and HF has a lifetime warranty just like Craftsman. So it doesn't stand above the crowd any longer. Craftsman will live on as part of the Lowes brand now. Kenmore may also be absorbed by someone.
The decline of Craftsman was just one nail of many in Sears coffin. I think what really started their decline was when they entered the money lending business, Credit cards and Mortgages. And of course hitching the wagon to Kmart just ensured they wouldn't survive. But that is the cycle of life. It's not the first time an institution has fallen and it won't be the last. One day we may very well be reading a thread on Walmart, Apple, Amazon?