Friday, November 30, 2007

Saint John Board of Trade Retail Forum encourages Saint John consumers to consider the Hidden Costs to Cross Border Shopping

SAINT JOHN, NB – Members of the Saint John Board of Trade’s Retail Forum are asking consumers in Saint John to think carefully about the issue of cross-border shopping. The recent value of the Canadian dollar has led to a large increase in shopping trips across the border. The Retail Forum recognizes many consumers are attracted by the excitement of all the ‘bargains’ across the border or on-line. However there are costs to cross-border shopping and they should be considered.

Daryl Wilson, Retail Forum Chair says, “Beyond the costs of meals, gas and accommodations there is the cost of time, with some of the closest shopping involving at least 6 hours of driving time. And then there is the wait time at the border.” Consumers must also consider the ability to make exchanges and the applicability of warranties on goods purchased stateside.

The Retail Forum also asks consumers to think about your local retailers. Whether they are locally owned or National chains, all of them are trying to react as quickly as they can to a very difficult situation. They are being asked to discount their products, and yet are still expected to pay their employees (often our sons and daughters in part-time positions), taxes, rent, heat and hydro, give to charities, and sponsor teams and special events.

And finally the Retail Forum asks that consumers consider the impact on the environment of driving for six hours and idling at the border for several more.

The Saint John Board of Trade is dedicated to fostering an economic climate that enhances growth, prosperity, and an improved quality of life in the community. With more than 1,000 members, representing 600 small, medium, and large businesses and organization and therefore, the interests of more than 30,000 citizens, the Board is a dynamic advocate and the principal voice for the business community of Greater Saint John. It offers a variety of programs, activities, services, and networking opportunities designed to enhance the business prospects of members and the overall business climate of the area.


For more information contact:

Imelda Gilman, President
Saint John Board of Trade
Tel: (506) 634-4157

Daryl Wilson, Retail Forum Chair
Saint John Board of Trade
Tel: (506) 633-1500

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