It used to be, you could buy Sears brands only through Sears.
The latest Sears asset to be sold elsewhere is toolmaker Craftsman, now at Lowe's Companies Inc. (LOW) - Get Lowe's Companies, Inc. (LOW) Report through an exclusive arrangement with Stanley Black & Decker, Inc. (SWK) - Get Stanley Black & Decker, Inc. Report , which bought the rights to the brand from Sears last year for $525 million in cash upfront, plus other payments extending through 2032. Those include supplemental payments with an estimated value of at least $375 million.
You can still buy Craftsman tools at a Sears or on its site, too.
Yet as the retailer struggles to generate cash to cover day-to-day operations, it has entered into different agreements with other merchants involving its other venerable brands like Kenmore, for appliances, and DieHard, for tires, batteries and other car accessories. Those two brands are sold now on Amazon.com Inc. (AMZN) - Get Amazon.com, Inc. Report and at Sears.
To learn more about Sears' spin-offs, check out the infographic below.
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