Big US stores get in bed with online giants to bolster sales
Home Depot makes deal with Google, while Kohl's ties up with Amazon
New York
IN A SIGN of the times, Kohl's Corp and Home Depot Inc are the latest traditional retailers to embrace online giants.
Kohl's aims to turn an e-commerce threat into an ally by offering Amazon.com Inc products in some of its stores. Home Depot, meanwhile, will sell goods online via voice commands through Google Home and the Google Express website and mobile app. Wal-Mart Stores Inc announced a similar pact with Google last month.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Wall Street Journal moves Asia headquarters from Hong Kong to Singapore
South Korea to slap fines on food suppliers for ‘shrinkflation’
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Jim Beam owner bets on canned vodka cocktails to double revenue
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO