Lowes, ticker symbol LOW, should concede to Amazon. LOW is going to fall into that business model at the expense of the walk in customer. If you come in the store, you are lowering yourself as a priority, while at the same time becoming the focus for the tack on sale and ticket to heaven credit card. In store traffic yields to the internet order, and resources consumed by those orders, and the call in customer who wants the pass to the front of the line for the floor reps attention. Walk in should be self service only.
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Stanley Black and Decker bought craftsman lowes is just one customer getting the product line, amazon and others can also sell it.
It will be made in usa again.
Lowes promotes cheap chinese garbage
lowes probably bought the line to destroy it. like tiger direct.
we’ll see what lowe can do to eff up this once powerful brand
Beginning in 2010, hand tools manufactured for Craftsman by Apex Tool Group such as ratchets, sockets, and wrenches began to be sourced overseas (mainly in China, although some are produced in Taiwan), while tools produced for Craftsman by Western Forge such as adjustable wrenches, screwdrivers, pliers and larger mechanic tool sets remain made in the United States. Sears still has an Industrial line which is sold through various authorized distributors; these tools are US made, appearing identical to their previous non-industrial US made counterparts, save for the "Industrial" name stamped on them. They are manufactured by Apex on the US production lines that previously produced the US product before production switched overseas to Asia.
I saw on connections that Lowe's will be introducing the Craftmans line of tools soon, they bought the name and the good will associated with it.
ala' sears. now lowes needs to sell off the Kobalt brand of low tensile steel tools that are not lifetime replacement. thus removing four associates out of the department and just have one overnight stocker.