Big Brands That Imploded With One Wrong Move

Every Old American Tool Company

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Craftsman, Black, and Decker, Stanley, basically every old American tool company is now a shell of its former self. I think there are still some good ones, but it turns out the consumers prefer to buy a new wrench every year that costs half as much than pay double for one that lasts decades.

The race to the bottom is real, and “opening up China” in the ’80s and 90’s really did a number on how American consumers perceive value. I can’t find a good tool anymore in these stores.

Story credit – Reddit/[deleted]

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