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Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership
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Topic: Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership (Read 862 times)
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kevindavis007
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Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership
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on:
August 28, 2018, 05:46:27 pm »
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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Free Vulcan
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Ah, the air is so much fresher here...
Re: Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership
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Reply #1 on:
August 28, 2018, 05:52:11 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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Wingnut
The problem with everything is they try and make it better without realizing the old way is fine.
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Re: Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership
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Reply #2 on:
August 28, 2018, 05:53:31 pm »
The last gasp of a dying company. Only a fool would buy that turd of a stock.
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You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.
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Sears Shares Jump After Nationwide Rollout of Amazon Tire Partnership