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Marks & Spencer Cutting Back Orders As Stocks Rise

Marks & Spencer

Marks & Spencer is just the latest retailer to cut back orders as warehouse stocks rise, joining a number of British retailers are facing the pressure of rising stock and unsold clothing as a result of improving supply chains and a lack of demand.

Marks & Spencer has reportedly postponed deliveries to its warehouses and delayed finalizing its orders for next year, and a spokesperson for the department store chain told The Sunday Times it was having to “readjust stock flow” in order to keep up with normalizing lead times.

The spokesperson went on to say that the challenges were currently being faced “sector-wide”.

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