Retail

    Young woman looking stressed while going through various expense receipts and bills after Christmas shopping. Planning budget, calculating expenses and managing financial bills at home

    Former Sears boss says CEOs won’t challenge Trump’s tariffs out of ‘cowardice’—but the holidays are fast approaching, and ‘the party is over’

    He expects many shelves at retailers will be empty this holiday season.

    October 20, 2025

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