Torque-Expo

Sears and power tools supplier resolve dispute

Three weeks after Sears Chairman and CEO Eddie Lampert blasted its power tool supplier for “seeking to embarrass” the company to wriggle out of its contract, the matter has been concluded. Details are thin on the ground as to how the dispute was resolved. The Sears boss updated his blog post – the one where […]

Sears goes to court to ‘take a stand’ against power tool and accessories supplier

US-based stockist Sears has blasted one of its power tools suppliers for “seeking to embarrass” the company in a bid to “force us to let them out of their contract”. One World, a subsidiary of China-based Techtronic Industries, has supplied Sears with power tools and related accessories under the Craftsman brand for almost a decade […]