Originally Posted by larrymoencurly
About 4-5 years ago, I complained to Sears about my old US-made Craftsman ratchet being replaced by inferior China-made Craftsman ratchets (3 - the 1st 2 were bad, 3rd looked inferior), and they mentioned that production would return to the US. Then a year later, the sale of Craftsman to B&D-Stanley was announced, along with greater US production of the hand tools. In other words, I think Sears had planned the sale of Craftsman much earlier.
If an employee told you that a year before it happened, it was 100% speculation on their part. Employees that answer customer service phone calls or emails are a long, long, long away from knowing anything about discussions at the level they take place involving selling an entire division of the company. It wouldn't even be inside gossip at that point. At best, someone may have said "Sears will sell the Craftsman name and buyers will be lined up to take it over", which is pretty accurate.