

| Subject: | Re: Craftsman Tools, Ace Hardware |
| From: | The Bus Depot |
| Date: | Fri, 9 Nov 2012 19:10:51 -0500 |
> I now see Craftsman branded tools at Costco and now others mention Ace. > And I think I have seen Craftsman tools other places? Sears Holdings (which also owns Kmart) is in serious financial trouble. Their stores have been underperforming for years, and in many cases they could actually make more money subletting the leases than they make operating them as retail stores. They are hoping to expand their brand reach outside of their own retail locations as a way of stemming the red ink, since they can't seem to get bodies into their stores. Besides Craftsman they also own Kenmore, Die-Hard, and Lands End, all valuable trademarks even if their retail arm eventually fails. I would be shocked if the company makes it much past the holidays without filing bankruptcy and/or divesting significant assets. Inevitably they will either join Montgomery Ward and Gimbels as a relic from retail history, or sell their trademarks to someone else. They are a dead man walking. - Ron Salmon � The Bus Depot, Inc. � www.busdepot.com � (215)� 234-VWVW _____________________________________________ Toll-Free for Orders by PART # :� 1-866-BUS-DEPOT
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