What does Amazon’s deal with Sears mean?

Apparently, Amazon wasn’t happy with raining just on Blue Apron’s parade. Yesterday, they rained on a massive parade led by Home Depot and Lowe’s after they signed a new deal with struggling retailer Sears. Amazon will soon be selling Kennmore appliances, Sears’ flagship brand of appliances that still carries some sway in the retail space.Read the full article

Sears Will Sell Kenmore Appliances On Amazon I Fortune

Sears has announced that it will begin selling its Kenmore appliance brand on Amazon, sending shares soaring by 17%. Subscribe to Fortune - http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100 Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live settings, hosting a wide range of annual conferences, including the FORTUNE Global Forum. Website: http://fortune.com/ Facebook: https://www.facebook.com/FortuneMagazine Twitter: https://twitter.com/FortuneMagazine Fortune Magazine is published by Time Inc.