My neighborhood Lowes started rolling out Craftsman tool boxes. I asked them what was up and they said Stanley owns Craftsman now and they'll soon be getting the whole line, as well as Kenmore appliances.
I wonder if they're going to continue with Kobalt, which had been Lowes in-store brand?
Sears’ real problem wasn’t “some MBA”. Their business model doesn’t work. Malls are expensive real estate. That’s fine if you’re Nieman Marcus or Saks or Nordstrom. If you ‘re competing with big box stores which have cheaper real estate and more convenient parking though, you’re dead.
Kobalt was just a ‘brand’ name:
https://en.wikipedia.org/wiki/Kobalt_(tools)
As is Craftsman:
https://en.wikipedia.org/wiki/Craftsman_(tools)