Alexa, turn up my Kenmore AC; Sears cuts a deal with Amazon
Sears will begin selling its appliances on Amazon.com, The announcement Thursday sent shares of Sears soaring more than 18 percent at the opening bell. The tie-up with the internet behemoth could give shares of the storied retailer one of its biggest one-day percentage gains ever. Sears, which also owns Kmart, said that its Kenmore Smart appliances will be fully integrated with Amazon's Alexa, allowing users to control things like air conditioners through voice commands. "The launch of Kenmore products on Amazon.com will significantly expand the distribution and availability of the Kenmore brand in the U.S.," Chairman and CEO Edward Lampert said in a company release.
Jul-20-2017, 14:50:26 GMT
- Country:
- North America > United States > Illinois > Cook County
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- North America > United States > Illinois > Cook County
- Industry:
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- Information Technology (0.75)
- Retail (1.00)
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- Information Technology