Sears Holdings Corp's shares soared as much as 24 percent after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital assistant.
The deal will expand the distribution reach of Kenmore products at a time when the retailer is shutting stores following years of declining sales amid intensifying competition from Wal-Mart Stores Inc and Amazon.
Sears sells big-ticket Kenmore appliances such as refrigerators and air-conditioners only in its Sears, Kmart and Sears Hometown stores.
Sears Holdings Corp's shares soared as much as 24 percent after the struggling retailer said it would sell its Kenmore home appliances on Amazon.com and integrate the brand's smart gadgets with the online giant's Alexa digital assistant.
The deal will expand the distribution reach of Kenmore products at a time when the retailer is shutting stores following years of declining sales amid intensifying competition from Wal-Mart Stores Inc and Amazon.
Sears sells big-ticket Kenmore appliances such as refrigerators and air-conditioners only in its Sears, Kmart and Sears Hometown stores.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.
Smart ears in your appliances that spy and collect data, a robot that cooks your hamburgers and an intelligent voice assistant that can dial 911. Today on TRUNEWS, Rick Wiles talks about how the next New World Order isn’t years away, it’s in your life and your home now.
Plus Doc Burkhart, Zach Drew and Edward Szall report in from the IoT Evolution conference in Las Vegas on how tiny, microscopic sensors embedded in our clothes and even our water will continuously collect data and how that data will be used by the global brain.
July 20, 2017 at 4:38 PM
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Hah, jokes on them. My new house won't have internet for years. We're dropping off the grid.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.
Joking aside.. AAFES could stand to make a killing if they can somehow manage to reduce shipping costs comparable to Amazon.
Yes, Amazon has an amazing supply chain that I am not sure any other corporation is near matching. But AAFES doesn't have to pay rent on their facilities. I doubt AAFES could ever get as fast as Amazon, but I do think they could beat them in price.
The president here puts his finger on Bezos' long game in buying the Post -- with its long-burnished connections to the deepest of the Deep State swamp creatures, the always-wrong CIA -- and its past journalistic credibility. Owning the Post gives him leverage over not only Trump, but the federal government as well; it's worth almost any amount of money that Bezos wants to spend in order for his to be the public voice of the most important city in the world, a city made of money, dedicated to the pursuit of power, and determined to keep the good times rolling without grubby outside interference from the likes of the nouveau-riche Trump family.
:goteam: :drunk: