Author Topic: Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership  (Read 768 times)

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Offline kevindavis007

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Sears Holdings Corp. is finding it’s good business to install the tires that customers purchase on rival Amazon.com Inc.

So the struggling retailer has expanded the program, first announced in May, across the entire U.S. Under the agreement, drivers can ship their replacement tires from Amazon directly to Sears stores for installation and balancing.

Sears shares jumped as much as 34 percent to $1.49 on Tuesday morning after the announcement the program had been rolled out nationwide.

Read More: https://www.bloomberg.com/news/articles/2018-08-28/sears-shares-jump-as-retailer-expands-amazon-tire-partnership

Not a bad idea..
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Re: Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership
« Reply #1 on: August 28, 2018, 09:52:11 pm »
I still think if someone would take ahold of Sears and do a geniune turnaround instead of bleeding it for cash, I could see it having a niche in the retail business.
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Re: Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership
« Reply #2 on: August 28, 2018, 09:53:31 pm »
The last gasp of a dying company.  Only a fool would buy that turd of a stock. 
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