Implying I do?
Wipe that stupid <g> off your face and give it up Robert... If you don't
like the way LV does business, don't do business with them. It's really that
simple. LV's management doesn't have to answer to you or anybody. It's their
company, it's a private company and they can do with it what they see fit.
You seem to think they owe you some sort of preferential treatment because
they're a Canadian company....sounds like the exact attitude of entitlement
that epitomizes too many things in this great nation. I get truly sick when
I think of all my hard earned tax dollars going to support the likes of you
and makes me wonder if the seeing the results of the "survival of the
fittest" pendulum having swung too far.
As I said before, you're an idiot and an embarrassment to all Canadians who
cover your ass.
"Robert" < firstname.lastname@example.org> wrote in message
On Fri, 12 Nov 2004 07:38:29 GMT, Village idiot and wreck hypocrite "Rob Stokes"
It's funny I never read this from you when people call Craftsman (as an example)
I guess there's one set of rules for Sears and another for Lee Valley hey? <g>
Lee Valley can do as they like.
And I have the right to point out their crappy business practices in this group.
Craftmens tools are Junk, and over priced, I've never purchased any tools
from Lee Valley so I don't know about there quality, if there not, he's
VERY proud of them, there a little out of my price range right now. You
have the right to complain, at least I think Canadians still have that
right, just remember it makes you look like a winning ass, and unfairly
adds to the common preception of what Canadains are he in the states
Go back fifteen years when the Canadian dollar was dropping like a boat
anchor into a thousand feet of water. What do you think happened then?
Lee Valley is an upstanding company that delivers the best service I
have ever received. If you are not happy with them, then please take
your dollars elsewhere - try Canadian Tire, the BORG, Wallmart or
whatever. With an attitude like yours I'm sure they would love to have
your business while you whine about the 50-60% mark up they often use.
Oh, and about those hard to find items that LV carries, you will do a
hell of a lot of driving to find them elsewhere, that is if anyone else
By the way, have you ever figure out the overhead costs of running a
business and providing real customer service?
Please take your drivel elsewhere!!
Ever stop to think that maybe LV sells 100 times more product in the
U.S. than Canada and that earns us a bigger discount???
Consider this: our pharmaceuticals charge us double of what you pay for
medications - and I'm sure you purchase medications more frequently than
a Veritas plane! You don't hear us bitching, do ya?
No. That usually only happens when the bigger customer is a single customer
vs. a customer in a different geographical location with lots of customers.
LV's individual single customers probably all buy about the same amount on
average. The bigger sales to a single customer warrants a discount because
of the cost savings in shipping to multiple accounts and bigger savings on
large volume orders to the manufacturer or supplier.
Correct, but uh yeah I hear us bitching. It has been all over the national
news and it is pretty much common knowledge. By contrast, the pricing by LV
is not a national issue.
Actually, you guys are bitching.
However, in Canadian drugs are protected against generics for a longer
period of time. Hence lower price but for a longer time. When the US
generics kick in earlier, you won't want to buy Canadian drugs as they
will still be sold at higher, brand-name pricing. We get cheaper drugs
in the short term but pay in the long term.
OK, so the fact is that one can get an LV product cheaper in real terms w/
US dollars versus C dollars, at the moment. But, it seems that LV is the
one really taking it in the shorts -- assuming it is doing its accounting
in C$ and didn't hedge its currency risk -- because LV is being paid in
weakened US$. Then again, to the extent that it is paying for things in US
dollars that hit is being offset. But salaries are in C$, I presume.
Now, I'm not taking up a collection for any seller. After all, they could
(and maybe have) hedged. But I do see that it is tough when the business
model depends on a printed catalog 1 year out (or more). FWIW. -- Igor
Hi Igor -
You got it exactly right... our costs are in CDN$ as is most of our
revenue... nothing's changed there, and our margins are exactly where they
should be/have been historically. Our US revenue has declined (after
coversion), as the US dollar has weakened - squeezing margins in the US.
Our inventory through Christmas has been bought and paid for months
ago...any cost reductions on new vendor purchases will take several months
to work their way through to reduce our average costs...
Our costs are certainly hedged - it's the revenue which isn't...
 This is a good opportunity for arbitrage on your part. If you are
really serious, do it! I know people who buy electronics, send the
merchandise to friends in the USA, and then pick them up. Now, these
people I know live close to the border...
 I don't recall any Americans complaining about how much cheaper it
would be to buy CAD at $1.50CAD/USD and buy their Lee Valley toys in
Canada at the time we had a 66-cent dollar. The exchange rate sword
cuts both ways.
 If you really wanted to save some money, you could do what I
recently did: I submitted an order to LV, got 7% off, and free shipping
as well. Of course, this deal that got last Saturday only works if you
were in the Toronto area this past weekend.
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