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Re: Stanley buys B&D

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Re: Stanley buys B&D mkirsch1 11-04-2009
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Posted by on November 4, 2009, 5:16 pm


> The relation is that they both had good reputations years ago and they bo=
th
> have cut quality.

They cut quality to compete. Your average consumer doesn't give a hoot
about quality. All they want is the cheapest price. If you can buy
Brand X for 15 cents less than Stanley, they buy Brand X.

Stanley was losing market share to the China crap, so they started
painting China crap yellow and selling it as Stanley for a cheaper
price. It's the only reason they're still in business.

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