Business Communication

In this article, the author is saying that huge terms gaps were undetermined between Canadian and U.S. sellers when the loonie surged 18 percent in the source 10 months of 2007. In some cases, Canadians were even paying 25 percent more than(prenominal) than than Americans. This situation was decreasing for a tour; however, the loonie once again jumped 18 percent last week. This devious mood highlights two crucial developments that will be account to determining how retailers fare during this vital Christmas shopping season. On the wizard hand, stores have renegotiated with suppliers to bring their wrongs d avow. This could also champion them be more competitive with their U.S. rivals. At the same time, shoppers are simply no longer so gung-ho. With the economy in shambles, they are not shopping in either the U.S. or Canada. In addition, jackpot merchants have forced Canadian stores to bring their wholesale prices more in line with those in the U.S. However, with some high write products like books and cars, the gaps nearly closed altogether. And then, the author states that even the Canadian dollar has risen, but retail sales were just moderately higher than they were three years earlier. Finally, the author concludes that this Christmas will be the most important in decades for retailers.

Also, the retailers are wondering what to do about the prices. If they keep the prices low, the economy will improve and may lure shoppers into their store. However, this would just allow them to keep their doors open, not to attract any profits. Through this article, I now know more about the huge price gaps between the U.S. and Canada, and this will help me in the future when I run a retail store. When it comes to price gaps, I may not be fit to do much about that, so, when I run my own business and face this problem, I will do the fire-sale price to keep my store safe at least. The period of price gaps will pass, so I just have to custody for that to happen. I learned this method to run my business if I am facing... If you want to get a full essay, pose it on our website: Ordercustompaper.com

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