Published: Fri, July 21, 2017
Business | By Jorge Reeves

Sears deal with Amazon to sell Alexa-enabled appliances causes 19% jump

Sears deal with Amazon to sell Alexa-enabled appliances causes 19% jump

Alexa is popping up in more and more smart home devices, as Amazon makes a play to become the voice-controlled home operating system. The products will also be compatible with Amazon's Alexa platform, Sears said.

The Kenmore Smart air conditioners with Alexa range in price from $379.99 to $739.99.

The first Kenmore models to show up at Amazon are the company's Kenmore Smart connected room air conditioners.

Microsoft Eyes Unused TV Channels To Deliver Rural Broadband
Microsoft's plan, however, may not be the best way to go about expanding Internet access to others, some experts say. Not everyone is thrilled with Microsoft's plan to use white spaces , however.

The partnership will allow customers to integrate "smart" Kenmore appliances with Amazon's artificial intelligence program Alexa, enabling customers to turn up their air conditioner "without leaving the sofa", Sears said.

Linking its smart appliances with Alexa may also raise the company's visibility. Distribution will be nationwide, and Kenmore, Sears Home Services and Innovel Solutions will provide delivery, installation, and other services. Customers can enable the Kenmore Smart skill in the Alexa Skill Store, link their account and then begin asking Alexa to interact with their Kenmore Smart appliances.

The news seemed to invigorate investors, with shares of Sears Holdings jumping 19 percent on Thursday. And by 1995, 25% of the major appliances sold in the USA were Kenmore. The company plans to shutter almost 300 Sears and Kmart stores this year, but is experimenting with smaller format locations, having opened its first Sears Appliances & Mattresses store in Texas.

Oil Prices Rise on Better Demand
U.S. crude production has been growing steadily, topping more than 9 million barrels a day in February, according to the U.S. We also expect to see upward revisions in EIA gas demand data that was under-reporting demand earlier in the year.

It is perhaps ambitious to suggest Kenmore may once again reach this lofty height, but, in a release, chief executive Edward Lampert said, "We continuously look for opportunities to enhance the reach of our iconic brands to more customers and create additional value from our assets".

When Amazon users search for appliances, Kenmore branded products will be among the top brands featured.

Former House speaker Hastert released from prison
Hastert told prosecutors he paid Individual A about half of a $3.5 million off-the-books agreement to keep quiet about the abuse. But the case was overshadowed by Hastert's crimes against young athletes, years after the statute of limitations had expired.

Like this: