Sears Sued By Stanley Black And Decker Over "Limited Line" Clause In Craftsman Sales Agreement

Stanley Black and Decker is suing Sears for breach of contract after buying the "Craftsman" brand from the once large retailer (archived). When Stanley Black and Decker bought the "Craftsman" brand from Sears, the agreement left Sears the ability to use the "Craftsman" brand to market a "limited line" of tools. In a case of if you can you must, Sears proceeded to have a high end line of "Craftsman Ultimate" mechanics produced and used to market their ailing chain as the "the real home of the broadest assortment of Craftsman" after emerging from bankruptcy. Stanley Black and Decker apparently perceives this as incredibly unfair to their other, larger retail partners.

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