Monro in Talks to Install Tires Sold by Amazon
Monro Inc. is in talks with Amazon.com Inc. to offer tire installation services to drivers who buy online from the e-commerce giant.
The Rochester, New York-based car maintenance chain -- which sells tires itself -- offers similar services to online sellers Tire Rack Inc. and TireBuyer.com. The service component of Monro’s business makes it “well-insulated” from the rise of e-commerce, and install agreements help Monro reach new customers, Chief Executive Officer Brett Ponton said on a conference call Tuesday.
“We’re in the process of building our capability to make certain that this experience can be seamless, which is requiring a little behind-the-scenes work from a technology point of view,” Ponton told analysts. While Monro’s discussions with Amazon are proceeding slowly, “we intend to support that program,” he said.
This story was written by Gabrielle Coppola and first appeared on bloomberg.com