Sears is back into court, less than one month after emerging from bankruptcy protection.
The retailer was sued on Wednesday by Stanley Black & Decker Inc, which accused it of breach of contract and trademark infringement over its new line of professional-grade mechanics tools under the Craftsman Ultimate Collection brand.Sears did not immediately respond to requests for comment. The complaint was filed in Manhattan federal court.
But according to the complaint, Sears breached the license agreement by launching its new tool line and touting its stores as"the real home of the broadest assortment of Craftsman."AdvertisementIt also said Sears' actions threaten to confuse shoppers and irreparably harm Stanley's own Craftsman brand and trademarks, as well as its goodwill and customer relationships.
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