This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sears Responds to Twitter Controversy (Update 1)

**UPDATED from 2:06 PM EST to include Tweet from San Francisco Chronicle reporter and an image of repairs taking place along with reaction from a Sears Canada employee on Page Two 

NEW YORK (TheStreet) -- If you require history to fill in the blanks on what follows, see, from January 14, Sad Pictures Of A Sears Store That Will Make You Angry.

That's an image, taken Friday morning, that shows Sears Holdings (SHLD - Get Report) has finally taken some action to fix windows that have sat broken and boarded since last summer's post-George Zimmerman trial riots in Downtown Oakland.

While the San Francisco Chronicle first raised the issue in December, the newspaper's report didn't trigger the firestorm TheStreet's reporting prompted, particularly on Twitter (TWTR), earlier this month.

Must Read: January Recap: Risk Off

Because Sears refused to respond to TheStreet's repeated requests for comment as to the timing of the fix, I feel confident that the heat the company took from investors and consumers forced it to act.

When first queried, Sears PR rep, Howard Riefs, claimed ...

FYI -- The windows you reference have to be specially fabricated and have been ordered.  We are awaiting their arrival.

But he, presumably acknowledged and ignored my follow-up emails, the most recent of which is screen-captured here:

My source in Oakland, who works in a nearby office building, told me that while he did not walk the perimeter of the store, "most are not fixed for sure."

So, with this particular piece of blight taken care of, Sears is slightly less pathetic heading into the weekend ...

UPDATE: I came across this Tweet from the reporter who has been covering this story for the San Francisco Chronicle, showing the work actually being done at Sears in Oakland. 


I reached out to Riefs again today, both via email and Twitter, but have yet to receive a response. 

However, I did receive an email from a store manager from Sears Canada. What he wrote (see Page Two) resonates with me. It should resonate with investors as well as executives at Sears. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
SHLD $27.30 0.00%
AAPL $113.29 0.00%
FB $91.01 0.00%
GOOG $630.38 0.00%
TSLA $248.48 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs