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 11/03/2013Drapers, Catherine Neilan - Forum of Private Business attacks Debenhams for demanding discounts from suppliers  
 
 

Debenhams criticised after squeezing suppliers on terms

 
 Drapers reports that Debenhams has become the second high street retailer to be criticised by the Forum of Private Business after squeezing suppliers on terms.
Debenhams has asked linen suppliers to offer a greater discount on products, and moved payment terms from 90 days to 120 days.
Forum spokesman Robert Downes said the move was "not only deplorable but lacks ethics".
"This is another disgusting example of big business asking suppliers to take a hit for their short term gain, and in this case they’ve even suggested suppliers pass on costs themselves to factories. The ethics of this really should raise eyebrows," he said.
"Debenhams claim this was a one off action by a single buyer, but no doubt all their suppliers will now be worried sick that something similar is coming their way in the not too distant future, and who can blame them?"
 
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