Sears shares soar on tire-service deal with Amazon

Sears shares soar on tire-service deal with Amazon

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.

Oil jumps to highest since 2014 after USA quits Iran deal
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.

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 .

Juventus one point from Serie A title
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.

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 Haspel faces Senate grilling over CIA's interrogation program
May 10, 2018 - 03:59
Trump nominated Haspel to replace Mike Pompeo , who was confirmed last month as secretary of state. She drafted the memo later issued by Rodriguez ordering the tapes to be shredded.

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 The Original 'Iron Man' Suit Worth Over $300000 Is Missing
May 10, 2018 - 03:25
No said the "unusual" theft was considered high priority, and detectives so far had no leads in the case. Ironically, no other props were found to be missing.

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 Stormy Daniels' attorney accuses Trump's team of making up facts
May 09, 2018 - 06:49
After Trump said that Giuliani would "get his facts straight", Colbert joked that Giuliani was "using a classic legal strategy". But some legal experts said the timing of additional payments could undercut that argument by showing a pattern of behavior.

isis-killer-beheading-video-story-top China: Former political star Sun Zhengcai sentenced to life
May 09, 2018 - 06:45
One of the most powerful men in all of China presently, Jinping rose to fame due to his anti-corruption stance. Sun was replaced in Chongqing by Chen Miner, a protégé of President Xi Jinping and a rising political star.

isis-killer-beheading-video-story-top Joe Burrow To Transfer From Ohio State
May 09, 2018 - 06:38
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.

isis-killer-beheading-video-story-top Elon Musk appeared at the Met Gala with a new girl
May 09, 2018 - 06:20
Musk is well-known for warning of an impending A.I. apocalypse, which he believes is more unsafe than nuclear war. There are few places higher than the Met Gala for a new couple to become official.

isis-killer-beheading-video-story-top When Tiger and Phil go head-to-head: A tale of the tape
May 09, 2018 - 06:01
That time, in the third round, Woods hit a 60-foot putt on the 17th green, finishing with a 66 and a victory the next day. Woods, meanwhile, had spent a year overhauling his swing with Hank Haney and hadn't won a major since the 2002 U.S.

Russia's Medvedev says no plans to change personal income tax for now
May 09, 2018 - 06:01
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.

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 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.