The five-year deal includes the Azure cloud, the Microsoft 365 package, and the Power BI business-intelligence software.
Earlier this year, Microsoft announced a cloud deal with Walmart that recently expanded into a joint engineering office. Rival Google has picked up cloud business from Best Buy and Home Depot as retailers move away from Amazon, which serves as a competitor through its e-commerce platform.
Microsoft shares are down 0.6% premarket to $111.05.
Previously: Microsoft and Walmart will open joint engineering office (Nov. 5)