{"id":95795,"date":"2017-01-05T19:00:46","date_gmt":"2017-01-06T00:00:46","guid":{"rendered":"https:\/\/breaking911.com\/?p=95795"},"modified":"2017-01-05T19:05:02","modified_gmt":"2017-01-06T00:05:02","slug":"sears-sell-craftsman-tool-brand-close-150-stores-many-kmart-locations","status":"publish","type":"post","link":"https:\/\/breaking911.com\/sears-sell-craftsman-tool-brand-close-150-stores-many-kmart-locations\/","title":{"rendered":"Sears to sell Craftsman tool brand and close 150 stores, many of them Kmart locations"},"content":{"rendered":"
Sears on Thursday announced that it has agreed to sell its Craftsman tools brand to Stanley Black & Decker in a deal valued at $900 million, the latest bid by the flailing retail chain to try to drum up cash to reposition itself for an era when e-commerce is gobbling up more of consumers’ shopping dollars and department stores have lost their luster.<\/p>\n