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.
According to USA Today, this will be a boon to consumers since Sears Home Service will continue to maintain warranties and replacements for the Kennmore appliances. Amazon also says that Kennmore Appliances will have Alexa connectivity capabilities in the near future. It sounds great on the surface. Not only does this give a lift to the troubled Sears, but it’s another appliance option for consumers online.
However, and you knew there had to be a however, this feels like another domino falling in Amazon’s trek to become the only retailer both online and in brick and mortar space. It feels like another consumer choice is slipping through our fingers. That’s not even mentioning Sears’ bleak outlook for the future. Sears’ has been on virtual life support for some time now. So will Sears Home Services even be around after Sears takes its inevitable final bow? Is Amazon just placating Sears until they can buy the Kennmore brand for pennies on the dollar? Or are they even pondering gobbling up Sears whole in order to compete with Wal-Mart? This all could be a possible indicator of a retail war of epic proportions.
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