Rising Dollar Sends Canucks Online
It turns out the rising value of the Canadian dollar is not only encouraging Canadians to drive across the border to do some shopping but get online to purchase products from U.S. retailers. With far more retailers doing business on the Web, buying products and service from U.S. retailers has suddenly become more affordable to Canadians, who have had to deal with a lower currency, high shipping costs and duty at the border.
According to a story in the New York Times, L. L. Bean, Crate & Barrel and Brookstone have all posted large increases in sales to Canada in the last few months. L. L. Bean said double-digit growth had prompted the company to boost marketing efforts aimed at Canada and to begin advertising here.
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POSTED IN: E-commerce
1 opinion for Rising Dollar Sends Canucks Online
urbanmike
Sep 29, 2007 at 12:42 pm
Living 40 minutes from the border, and having a post box on the US side gives us great flexibility for purchasing. Canada post needs to review their shipping costs - why does it cost an extra $25 dollars to ship the same item to my door in Canada than to my US post box?
We do about two thirds of our $20-500 purchases, excluding groceries, in the states.
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