Sears Holdings Rebukes "Wall Street Journal"
Sears Holdings (NASDAQ: SHLD) is complaining about its media coverage again. The Wall Street Journal recently ran a story detailing the decline [subscription required] of Sears, "the Amazon of the 20th century." And Sears used its company blog to rebut some of the claims in the article and complain about the "rehash of inaccurate assertions and negative speculation."
It's not the first time Sears has said it's been targeted by the media. Earlier this year, at the retailer's annual meeting, Chairman and CEO Eddie Lampert showcased a decade's worth of headlines about the company that predicted its imminent demise yet noted that Sears is still standing. He likened the retailer's six years of consecutive losses to Amazon.com (NASDAQ: AMZN) and said people will wonder how they missed the turnaround.
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Source: Fool.com