Sears shares soar on Amazon tie-up; CEO says still not over 'hump'

Sears shares soar on Amazon tie-up; CEO says still not over 'hump'

6 years ago
Anonymous $CLwNLde341

https://www.reuters.com/article/us-amazon-com-partnerships-sears/sears-shares-soar-on-amazon-tie-up-ceo-says-still-not-over-hump-idUSKBN1IA2XZ

Sears Holdings Corp shares jumped 16 percent on Wednesday after the company announced a tire service partnership with Amazon.com, part of Chief Executive Officer Edward Lampert's strategy to make the troubled retailer profitable again.