Originally Posted by
Nice Sass
I have had so many different perspectives on this that I could comment at great length so I'll try to be brief: I've mentioned this on SC before - I used to work in the Customs realm and saw the true value of goods that are being imported to Canada for sale here, and the markup is INCREDIBLE. When there are sales the stores are continuing to do just fine, believe me.
When Bath & Body Works opened a store in Windsor I questioned why their prices were so high compared to the US and they said that it was because of the "exchange"...well, we're sitting pretty comfortably with the exchange rate right now and have been since that store opened, so a 40% difference in price is not exchange driven. I also know how much companies pay on average for brokerage and shipping, and that's not it either. It's simple economics - supply and demand. Canadian society has become accustomed to paying more, so we do. Supplies are more limited here (definitely less selection than in the states, as well as less competition), so we pay more. For that reason, I will NOT shop at B&B Works in Canada, and will continue to buy their products in the States; at least honour their coupons and I'll consider it.
I watch the prices on various staples, and if there is a HUGE discrepancy then I purchase in the states; minimal and I purchase in Canada. It was actions like these (Canadian consumers speaking up) that caused Best Buy Canada to adjust its electronics pricing two years ago with the change in the exchange rates, and consumers need to continue to speak up to create more change.
Another example: For $495 we purchased the exact same nursery furniture set in the states that we could have purchased at Toys 'R Us here for $1,970. There is absolutely no justification for that price difference and I refuse to be gouged.
That's probably too long already!