Sears Holdings Corp. settled a feud with the supplier of its Craftsman-branded products over the terms of their contract and the retailer’s financial health. The vendor, One World Technologies Inc. is a subsidiary of Hong Kong-based Techtronic Industries Co. that manufactures the Craftsman power tools sold by Sears in its retail stores. Sears accused One World in a lawsuit last month of trying to alter the terms of their supply...

Source: Wall Street Journal June 06, 2017 18:33 UTC