The roll out will start in the forthcoming weeks to get those who are living in reach of 4-7 Sears Auto Centers in two metropolitan areas: Atlanta, Chicago, Dallas, Los Angeles, Miami, New York, San Francisco and Washington, D.C. The service will gradually go at Sears' significantly more than four hundred Automobile Centers across the USA, to reach greater of Amazon's customers. Consumers can buy any brand of tire via the online retailer's website and then schedule a time to stop by the closest Sears Auto Center to have them installed.
The department store chain said Wednesday that it will soon start delivering and installing vehicle tires for customers who purchase them on Amazon's website.
Sears is strengthening its relationship with Amazon. After the initial launch the service is expected to quickly expand throughout Sears Auto Centers' more than 400 locations. This includes choosing which Sears store to have the tires sent to.
A Sears spokesman spoke to CNBC and gave details on the process. Walmart (WMT), which also installs tires, tumbled 3.6% after announcing a $16 billion deal to buy 77% of India's Flipkart.More news: Multiple people killed, 'huge destruction,' after dam bursts in Kenya, officials say
Sears traded up more than 16 percent to $3.20 at time of publication. The company has in recent years sold off a number of key assets to protect its liquidity amid steep sales declines.
Last Summer, Amazon announced that it would begin selling Kenmore home appliances on Amazon, with some integrated with Amazon's Alexa.
Investors sure like the idea that Sears shld is looking beyond its struggling retail business to drum up new sources of revenue and places to sell products under its own brands.
Amazon.com, Inc. shares were trading at $1,604.95 per share on Wednesday afternoon, up $12.56 (+0.79%).