Over the past year, Amazon has entered into partnerships with physical chains such as department store operator Kohl's Corp to sell Amazon-branded items as well as use its retail locations for picking up online orders.
"Amazon.com customers can expect terrific performance and reliability from DieHard tires and professional installation from Sears Auto Centers,"said Tom Park, president of Kenmore, Craftsman and DieHard brands at Sears Holdings". Sears said Wednesday that Amazon shoppers can now ship tires to 47 Sears Auto Centers in eight cities, including Chicago, Dallas and NY. After the initial launch the service is expected to quickly expand throughout Sears Auto Centers' more than 400 locations. On Wednesday, the companies announced an extension of their relationship to now include tire delivery and installations.
The client then gives 3 appointment times which can be convenient for the installment.
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Investor's Business Daily has the details on Amazon's deal with Sears. Last year, Amazon started selling Sears' Kenmore brand of appliances such as ovens and washing machines as well as DieHard auto batteries. "We need to convert our vision into reality", Lampert said at the annual shareholders' meeting at Sears' headquarters in the Chicago suburb of Hoffman Estates. Walmart (WMT), which also installs tires, tumbled 3.6% after announcing a $16 billion deal to buy 77% of India's Flipkart. The company has in recent years sold off a number of key assets to protect its liquidity amid steep sales declines.
Shares of Monro Inc (NASDAQ: MNRO) initially fell more than 7 percent after the announcement.
Last December, Amazon began offering Sears' Die Hard products, and the new deal means it will also begin selling DieHard passenger tires. With the new partnership, customers now have the option to have the tires installed.