Sears shares soar on tire-service deal with Amazon

Sears Amazon Partner Up For Tire Delivery And Installations

The quintessentially American department store Sears has been on a downward spiral of late. Sears Auto Centers then contacts them to confirm their appointment. Sears stock jumped 20 percent on news of the Amazon partnership after having falling more than 70 percent over the a year ago.

Embattled retailer Sears announced on Wednesday that it was teaming up with e-commerce giant Amazon on a customer service venture to help service vehicles, which sent Sears shares surging approximately 20%. It is the first nationwide outlet to offer Amazon customers a ship-to-store tire solution.

Sears Auto will offer Amazon customers a choice of dates and times for the installation of their tyres at 47 Auto Centers spread across eight metropolitan areas including its home base of Chicago, as well as Los Angeles, Miami and NY.

Sears Holdings Corp also says that the expanding relationship between it and Amazon will have it selling its own DieHard tires on the website. Sears began selling Kenmore appliances on the site in July 2017.

Mom and 2 children die after auto hits alligator on I-95
A Florida mother and her two young kids died in a fiery crash Monday when their SUV hit an alligator crossing a highway. The South Carolina Highway Patrol is investigating the accident, according to the Times and Democrat .

Joe Burrow To Transfer From Ohio State
Florida now drops down to three scholarship quarterbacks after Jake Allen made a decision to transfer away from the program. LSU and Cincinnati have been granted permission to contact Ohio State quarterback Joe Burrow, SI.com has learned.

Russia's Medvedev says no plans to change personal income tax for now
Medvedev noted that he is only proposing candidates for key posts in the government now and will nominate others later. According to the Russian legislation, Medvedev has to present a Cabinet lineup within a week.

Here's how it works: Amazon customers select their tires, the Sears Auto location and their preferred date and time for the tire installation. "We're thrilled to expand our assortment of this iconic brand to include passenger tires on Amazon.com".

Amazon.com, Inc. shares were trading at $1,604.95 per share on Wednesday afternoon, up $12.56 (+0.79%).

Get access to our daily newsletters, Best Stocks List, POWR Ratings, and much more!

Try StockNews.com Premium Today!

Free for 14 days - no credit card required!

Related news:

Hot News

isis-killer-beheading-video-story-top Iran sanctions to cost Boeing, Airbus $39bn
May 10, 2018 - 03:42
The other signatories' criticism of Trump's announcement was unanimous, worded more or less strongly, depending on the country. Now that sanctions should be reinstated thanks to Trump, Boeing will no longer be able to see these deals through.

isis-killer-beheading-video-story-top NBCUniversal Releases Findings in Matt Lauer Probe
May 10, 2018 - 03:25
That is one reason the company has been taken to task for not hiring an outside investigation firm to handle the inquiry. When management later spoke to Lauer, he admitted to "engaging in sexual activity" with the woman.

isis-killer-beheading-video-story-top Monty Python's Terry Gilliam reportedly suffers stroke
May 10, 2018 - 03:23
So while The Man Who Killed Don Quixote is finished and will screen, its future is still very much in doubt. Gilliam's lawyer, Benjamin Sarfaty, said banning the film from Cannes is "not justified".

isis-killer-beheading-video-story-top President Trump That a Nobel Laureate? It's Really a Chance
May 10, 2018 - 03:09
I want to complete the denuclearization of the Korean Peninsula. "The prize I want is victory for the world", he added. At least 18 Republican members of Congress have nominated Trump for the prize, which was won by Barack Obama in 2009.

isis-killer-beheading-video-story-top Oil jumps to highest since 2014 after USA quits Iran deal
May 10, 2018 - 02:51
President Donald Trump said the United States would quit the Iran nuclear deal, confirming what many investors had expected. Trump also reinstated U.S. sanctions which could curtail Iran's ability to export oil, its mainstay for public revenues.

isis-killer-beheading-video-story-top Juventus one point from Serie A title
May 09, 2018 - 06:56
Napoli's hopes of denying Juventus the Serie A title are virtually over after they conceded a late equaliser at home to Torino . The change paid off as the sub restored Napoli's lead with a strike from outside of the box with 15 minutes remaining.

isis-killer-beheading-video-story-top Saints' Mark Ingram suspended first 4 games of 2018 season
May 09, 2018 - 06:47
However, it was expected to remain a 1A/1B situation after that worked out so well previous year for the NFC South champions. The New Orleans Saints will be down an offensive weapon for the first four weeks of the 2018 season.

isis-killer-beheading-video-story-top Warren Buffett And Bill Gates Denounce Bitcoin
May 09, 2018 - 06:29
He likened it to Oscar Wilde's definition of fox hunting, calling it "the pursuit of the uneatable by the unspeakable". The other rejected measure would have encouraged more Berkshire subsidiaries to produce sustainability reports .

isis-killer-beheading-video-story-top MeToo will not sway Cannes film contest, says jury head Blanchett
May 09, 2018 - 06:10
The Weinstein affair may have rocked the film world, but the local tourism industry in Cannes expects little disruption. Weinstein is accused of raping Italian filmmaker and actor Asia Argento at the 1997 Cannes festival.

isis-killer-beheading-video-story-top Uber Flying Taxi Launch Only 2 Years Away, Company Says
May 09, 2018 - 05:54
Putting a date on the plans, Uber said Dallas, Dubai, and Los Angeles would all have uberAIR flying vehicles overhead by 2020. Khosrowshahi became the CEO of Uber in August after his predecessor, Travis Kalanick, resigned.

isis-killer-beheading-video-story-top Israel strikes Syria after Trump's Iran move
May 09, 2018 - 05:44
On Sunday, military officials said Iran may be planning to launch missiles at a military target. An Iranian navy base in Syria was attacked on Tuesday, sources confirmed to Fox Information.

isis-killer-beheading-video-story-top Comcast planning all-cash Fox bid?
May 09, 2018 - 05:39
After months of negotiation, they settled on a $ 52 billion acquisition , where Disney would acquire most of Fox's assets. On Monday, Reuters reported that Comcast (cmcsa) is getting its ducks in a row to scupper the deal, one way or another.

isis-killer-beheading-video-story-top There are nearly as many job openings as unemployed USA workers
May 09, 2018 - 05:34
That's the last time that wages truly increased significantly, and it attracted plenty of people back into the labor market. But now, with wage gains sluggish, employers may be willing to post jobs because they don't need to pay so much.

isis-killer-beheading-video-story-top Is Cannes ready to adapt to the age of #MeToo?
May 09, 2018 - 05:33
Von Trier was also reinstituted this year after being banned from the festival Cannes ban in 2011 for joking about being a Nazi and having sympathy for Hitler.

isis-killer-beheading-video-story-top Arsenal's Koscielny set to be sidelined for six months
May 09, 2018 - 05:19
Wenger's 22-year-reign as Gunners boss is in its final week, with only two Premier League games at Leicester and Huddersfield left.