Oasis and Warehouse holds up supplier payments


Oasis and Warehouse holds up supplier payments

Yet another UK retailer is expecting its suppliers to extend credit terms on outstanding balances as well as imposing extended terms on current and any new orders. having, like others, closed its stores it does however still continue to trade online. It is being suggested that the business is also seeking to defer rent payments to its landlords, whilst also considering whether it should furlough store and selected head office staff under the new government scheme.

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