Amazon’s Kenmore deal puts appliances on path of inkjet printers


  • TECH
  • Monday, 24 Jul 2017

SCHAUMBURG, IL - JULY 20: Kenmore appliances are offered for sale at a Sears retail store on July 20, 2017 in Schaumburg, Illinois. Sears announced today that it had agreed to sell Kenmore appliances on Amazon.com. The news sent Sears' stock price climbing and triggered heavy selling of stock in other appliance retailers including, Home Depot, Best Buy and Lowes. Scott Olson/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

The new partnership between Amazon.com Inc and Sears Holdings Corp presages more than a convenient way to buy refrigerators and washing machines. It also paves the way to a future where consumers can make fast, automatic purchases of groceries like milk and laundry detergent through Internet-connected appliances, forgoing trips to the supermarket. 

For now, the alliance is primarily focused on distribution: giving the beleaguered Sears a much-needed sales outlet for its Kenmore appliance brand as it shutters stores around the country. Amazon gains a partner to take on such competitors as Home Depot Inc, Lowe’s Cos and Best Buy Co, leaders in showcasing appliances in physical outlets. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Google invests $640 million in new data centre in Netherlands
NatWest CEO sees 'material opportunities' in AI
Amazon launches low-cost grocery delivery subscription plan in US
Trump poised to clinch $1.3 billion social media company stock award
Spotify profits up, but lower marketing hits user growth
Adobe to bring full AI image generation to Photoshop this year
Tesla shares edge higher ahead of quarterly results
TikTok risks fines as EU issues ultimatum over app launch
TikTok’s crackdown on Ozempic influencers threatens weight-loss drug hype machine
China’s cheap EVs redraw the map of where cars get made

Others Also Read