Sears May Sell Its Best-Known Brands


After years of red ink, the retailer considers selling Craftsman, Kenmore, and DieHard.

Once upon a time, Sears was the and Walmart of U.S. merchandising. Customers could order just about anything for delivery—even a kit to build a 10-room colonial-style house—from the Sears catalog, a compendium of the American dream with a reach into the rural parts of the country that helped make Sears, Roebuck America’s largest merchant. Sears helped create the shopping mall in the 1950s, working with developers to build the retail centers that grew with the exodus to the suburbs. And when customers needed financing, it created a massive credit arm that paved the way for the MasterCards and Visas of today.

View entire article at Bloomberg News

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