Retailers Seek Vendor Discounts After Slow Holiday Season

Apparel chains, finding it tough to coax more dollars from their customers, are now looking to pick the pockets of their vendors, The Post has learned. After a weak holiday season and a challenging year for sales, a growing number of chains are asking their suppliers to fork over discounts. The reason? Suppliers have super-sized their margins because of the 7 percent slide in the Chinese yuan over the past year.