This week, Sears Holdings Corp. filed a lawsuit against one manufacturer and lost a suit brought by a different toolmaker.
In a company blog post from May 15, Sears Holdings chairman and CEO Edward Lampert announced that the company would be “taking a stand against” One World Technologies for violating a contract.
One World is a subsidiary of manufacturer Techtronic Industries and has made Craftsman-brand power tools and accessories for more than nine years, Lampert says on the blog. Sears sold its Craftsman company to Stanley Black & Decker earlier this year, but still sells the tool brand in its stores.
