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Sears Announces 150 Additional Store Closures

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Sears is planning to close 150 additional stores in an attempt to “enhance liquidity and stabilize operating performance,” the company announced Thursday. The company also confirmed that it has struck a deal to sell its Craftsman brand of tools to Stanley Black & Decker for $900 ... Read More »

Stanley Buying Craftsman Tool Business in $900M Deal

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Stanley Black & Decker is buying Sears’ iconic Craftsman tool brand in a deal valued at about $900 million. With the acquisition, which the manufacturer announced Thursday, Stanley will own the rights to develop, make and sell Craftsman products. The deal is expected to close this year. ... Read More »

Sears to Close 30 More Stores in Q1

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Sears has announced it will close more than 30 Kmart and Sears stores in the first quarter of 2017 in response to poor third-quarter earnings, according to Business Insider. The retailer made an internal announcement, but did not publicly state which ... Read More »

National Hardware Show® Exclusive: Use $100K to Reimagine Retail

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When it comes to providing a setting for retailers to learn about the latest trends, see the hottest new products and network with other progressive industry leaders, there is no venue quite like that of the National Hardware Show® in ... Read More »