11-25-2007, 03:37 PM
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Lecturer
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Join Date: Apr 2006
Posts: 783
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Weak Dollar = Strong Christmas Sales for Europeans
Quote:
Weak Dollar = Strong Christmas Sales for Europeans
Returning to Iceland After Shopping Bender at the Mall of America
MINNEAPOLIS -- Andrea Gu�j�nsd�ttir arrived in Minnesota from Iceland last week with nothing but the clothes on her back. Oh, and two empty suitcases, which she promptly filled to near-bursting with clothes, toys and other gifts during a five-day shopping spree in the Twin Cities.
"Everything's so cheap," said Gu�j�nsd�ttir, 35, who lives in Akranes, a seaport city on Iceland's west coast. "You can pay $30 for Levi's here; at home, it'd be $200."
Gu�j�nsd�ttir joins a growing number of shoppers across the world who are coming to the U.S. -- and Minnesota -- this holiday season to take advantage of good deals against the falling dollar. At a time when the U.S. economy is sagging, retailers say foreign tourists are providing a hedge against a Christmas season that's expected to be the slowest in five years. https://mjperry.blogspot.com/2007/11/...sales-for.html
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