Sears to Seek Licensing Agreement For Brands

[Parsad]

Finally, they've got some real ideas coming out of this company.  With the recent product sales through Costco et al, and now the possibility of the brand being licensed, maybe the new CEO really is making a difference.  Cheers!

 

http://www.bloomberg.com/news/2011-10-12/sears-said-to-seek-agent-to-license-craftsman-diehard-brands.html?cmpid=yhoo

[biaggio]

Parsad, were you buying recently?

[Parsad]

No, we don't own any Sears...just didn't get cheap enough for me.  The last time we tried to buy, was back in 2009 when it fell to about $35-36.  We had orders out around $35 and we just missed it.  It never came back down there. 

 

But I do follow what happens at Sears.  It is an interesting case study.  Cheers!