Next time you spring for that top of the line Snap-On sheat

Snap on is feeling the heat from the box stores. Harbor freight, husky, etc are all making good quality tools at a fraction of the snap on price. Its just a matter of time before snap on folds if they dont get revamp their business model.
Im hearing that they no longer honor the lifetime warranty without a receipt. How many of you guys have tool receipts from 30 years ago? This will be a class action lawsuit eventually.