I know our Lowes has pretty much replaced Craftsman stuff for their Kobalt stuff. I think they still sell it but the red stuff is seemingly everywhere now.
Black & Decker bought Craftsman. Lowes and Home Depot both are pushing their in-house brands because, of course, that's more profitable for them. That is a risk of buying a private label and not having your own retail space, you're often competing against someone who has limited incentive to allow you to displace their own offerings.
How old are the people buying most of the tools these days? How many have a positive association with Craftsman? I would guess most people under, say, 45, don't have a strong attachment to the brand. I'd also say people born outside the US don't have a strong attachment to the brand.
Visit: https://www.kobalttools.com/ now visit: https://www.craftsman.com/?gclid=Cj...2VKXfnBtSXYLQRhCVtisCB-6M9OljyWRoCUY8QAvD_BwE
Who's marketing to a younger audience? Who's engaged in better "lifestyle marketing"? Pretty obvious to me. I still have a positive association with Craftsman, but I bet I'm on the younger end of their target demographic these days.
I hope everyone realizes that it will make it difficult to stop Bezos from taking over the world if we have to buy everything from Amazon. I still like to try on shoes and clothing without getting shipping companies involved
I get that. But it sure is nice having all of the choices available at the click of a mouse. When you live in a small town, the days of having to go to the “big malls” to find what you’re looking for are long gone. America, what a country.
Spot on; living slightly "out here," I REALLY like it when the Big Brown Truck and its friends bring products to the house.
When I do go to the "big city" of Greenwood for what I need or want to get in person, I have many other options other than the mall. I cannot recall the last time I actually set foot in a shopping mall.
Spot on; living slightly "out here," I REALLY like it when the Big Brown Truck and its friends bring products to the house.
When I do go to the "big city" of Greenwood for what I need or want to get in person, I have many other options other than the mall. I cannot recall the last time I actually set foot in a shopping mall.
So here's a question. Do you think Las Vegas will survive in anything like it's previous form?
Housing sales are plummeting. Even if things start to reopen, will there be workers interested in returning? Can the city maintain it's infrastructure without the income of tourism? Will people go back to Vegas even when things are 'normal' again?
Looks like I'm off to Lowe's to get my Craftsman 2" extender replaced - destroyed it taking off a lug nut. A FREAKING LUG NUT! What the hell do they put those on with?
Unfortunately looks like Steak ‘n Shake can be added to the list. It was really affordable at the end.
Unfortunately looks like Steak ‘n Shake can be added to the list. It was really affordable at the end.
Logans Steakhouses closed nationwide.
Don Halls Guesthouse in Fort Wayne. This was a large hotel/conference center/restaurants which just closed. There rooms were booked every weekend for wedding receptions. I can only imagine how many brides are now rushing around trying to find another place for their reception.
Stacked Pickle - and I'm tired of people saying "I didn't like their food anyway". who cares. it was a successful business that employed a lot of people. now it's gone .
Unfortunately looks like Steak ‘n Shake can be added to the list. It was really affordable at the end.
Roscos tacos in greenwood
what?! all steak n shakes?
Assigning all these losses to the "lockdowns" ignores several realities. For example, OpenTable showed reservations at restaurants dropping off drastically before any government restrictions. A pandemic is going to cause economic issues, regardless of government actions.
Second, some of these businesses were already declining.
Some were expanding like crazy. I mean, I love all the breweries in Indiana and hoped to visit more of them but have often wondered how many you can add and keep them all open.
And then there is the overall national public and private debt. That affects a business's ability to bounce back. If the problems really are just due to shutdowns, a healthy business will rebound quickly (except for maybe things like cruise companies or travel agents). But we've enticed borrowing through decades of low interest rates. That sort of thing should have been saved for this disaster. Now that we actually have a disaster, recovery will be extremely difficult.