The next Spiegel or Montgomery Wards.
Industry analysts feel it’s eminent due Eddie Lampert’s “penny-pinching” efforts intentionally stifling investments into stores and their recent closures while the company has been buying back stock and increasing its presence online. Inundated with online complaints, their trusted Kenmore and Craftsman brand equity is slipping with each store closure. Big Ticket Items and Tools, some things you just need to see and feel.Another Iconic transition which matches their continued losses since the 2005 Sears Kmart merger.Kenmore Appliances, a brand name of household appliances sold in stores owned by Sears Holdings Corporation.
Craftsman, is a line of tools and lawn and garden equipment controlled by Sears Holdings Corporation; the brand is owned by KCD IP, LLC, a special purpose entity created by Sears Holdings for securitization purposes.
Craftsman is the official tool brand of NASCAR and the DIY Network.
I recall ordering a refrigerator online from California and having it shipped to a rural area in upstate New York 20 years ago, I don’t think I will ever again based on the volume and severity of the online complaints.
