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’
NegativeFinancial Markets

Mark Cohen, the former CEO of Sears, has expressed concerns about the upcoming holiday season, predicting that many retailers will face empty shelves due to the impact of tariffs imposed by the Trump administration. He criticizes current CEOs for their reluctance to challenge these tariffs, labeling it as 'cowardice.' This situation is significant as it highlights the potential struggles retailers may face during a crucial shopping period, which could affect both sales and consumer satisfaction.
— Curated by the World Pulse Now AI Editorial System