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Economy

Boohoo and Wilko cancel orders with suppliers amid slow sales

Wilko blamed the changes on cost inflation, the cost of living crisis, shipment delays and the impact from store closures on the day of the Queen's funeral.

Boohoo has been cancelling and deferring orders from suppliers and Wilko has deferred payments to suppliers to protect its squeezed cash flow, according to The Times. ย 

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