August 13, 2018 – 9:10:07Amazon.com has been buying up Sears Holdings Corp. for more than $2 billion, a deal that could make it the nation’s largest private company and could give the online retailer more control over its own retail operations.
The deal, announced Monday, gives Amazon full control of all of Sears’ business, including its iconic Sears Roebuck and Company and its online department, and gives Amazon the right to negotiate a larger price for its online business.
The new deal also includes Sears’ retail assets, including the Sears Supercenters, Sears Sportswear and Sears Home.
It also gives Amazon more control of Sears’s e-commerce business, which includes online and mobile platforms.
While the new deal has a lot of specifics, Amazon CEO Jeff Bezos is betting that the new company will have more to offer than just a catalog of toys.
The online retailer has long been criticized for its poor online shopping experiences and high costs.
But this deal could open Amazon up to more customers.
The company already has a solid online presence, having more than 3 million Amazon Prime members.
But Amazon also has a vast collection of merchandise and is trying to turn around its e-retail business.
In the first quarter of 2018, the company reported a loss of $1.2 billion.
That was slightly lower than the same quarter last year, when Amazon lost $2,547 million, according to FactSet.
Amazon has already had to address some of the issues that have plagued its online store, including slow growth and customer complaints.
The company has been struggling to convince consumers to switch from traditional brick-and-mortar stores, and its stock has fallen.
However, Amazon has a strong relationship with Sears and the online business has been a major driver of the company’s earnings growth.
The two companies have also had a strong working relationship in the last decade, and Amazon has been able to help Sears with new technology and new products.
Sears, which is in its 80s, has seen its online sales decline for several years.
It’s currently valued at $6.7 billion, and it has been making strides toward becoming a profitable retailer.
But its online presence is also a concern.
According to a new report from CB Insights, online shopping traffic at Sears has dropped by more than 70% since the retailer launched its online shopping platform in 2006.
That’s a significant problem for Amazon.
Searches online customers are often asked for their email addresses, and they may not be able to share those details with Amazon, which could mean that Amazon would be able see how many people are shopping at Sears and give it the data that could help it find better ways to sell its products.
The report said that, according the data Amazon has already collected from online customers, the retailer’s online presence has dropped in every region except New York City, where it has continued to grow.
That means that Amazon could be able identify where its customers are coming from and target them for its new online shopping business.
It also could be used to target its customers more aggressively, which Amazon is trying.
In 2018, Amazon saw that it was targeting about 1.4 million potential shoppers per day, up from just 1.2 million people per day a year earlier.
In 2020, that number jumped to 2.4 billion people per year, according for CB Insight.
While Amazon has more control in the online space than it has ever had, it does face challenges, particularly when it comes to privacy.
Amazon has to store data on customers in the cloud and has to make sure it does not share that data with third parties.
The new deal could help Amazon address those issues.
In addition, Amazon could use the new Sears purchase to boost its stock price, which has struggled in recent months.
The stock was down $4.80, or 0.9%, to $65.70 in premarket trading on Tuesday.