Canadian retailers slash prices

Business | 497 hits | Oct 27 8:58 am | Posted by: WDHIII

TORONTO - Canadian retailers are getting a dose of yuletide fear this fall as many of them slash prices early with anticipation that this holiday shopping season could be one of the most painful in recent memory.

Comments

by kitty
Mon Oct 27, 2008 4:45 pm
From a shoppers perspective, this is great news. From a retailers perspective... i am VERY worried.
by dino_bobba_renno
Mon Oct 27, 2008 8:45 pm
Well, I'm not sure about anyone else but I'm going shopping. Need some new duds and if I happen to bring home a new plasma tv in the process I can all ways justify it to the hunny with the old "I'm actually saving us money!!" excuse. Seems to work for her.
by RUEZ
Mon Oct 27, 2008 9:18 pm
Buy it while you can. I can't imagine these prices will stay low for long considering the sinking of the dollar.
by martin14
Mon Oct 27, 2008 9:27 pm
I think the problems are much deeper than a couple of points
on the dollar.

The country of Hungary is working on a bail out package from the IMF.

Thats an EU member, the first and wont be the last.

This Christmas will suck overall, worldwide..

If i were a retailer, I would be really worried.
There are a lot of retailers where the difference between making
monay and closing the doors is Christmas....
by sandorski
Mon Oct 27, 2008 10:06 pm
Now they slash Prices, after the $ falls.
by Yogi
Mon Oct 27, 2008 10:21 pm
It just means that retailers are screwing us for a little less than they are used to!