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Why Off-Price Retailers Are Pushing Out Payment Terms—Again

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

Off-price retail’s well-documented inventory challenges aren’t expected to disappear anytime soon, and now many in the sector are reverting to tactics last seen in the early days of the pandemic: asking vendors for more time to pay their bills. When reporting second-quarter earnings in August, TJX, Ross and Burlington all sang a similar tune. There’s…

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