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SignageWireIs the retail ballgame played on a level field?Author: WireSpring on 2008-05-09 13:05:36 The Retail Design Divas ponder:Many products sitting on retail shelves and hanging on racks today are sourced overseas. North American design firms are searching and winning creative opportunities offshore, as many retailers here are becoming increasingly conservative and companies are successfully joining up with international partners for the budgetary and talent pool advantages they offer. It appears that along with technology, retailing--and its supportive community--is one of the most global of all business activities. So what is politically, ethically and economically the right thing to do? Our take: This is obviously a politically-charged question that doesn't (yet) have an obviously right answer... and it may never. From an economic standpoint, one might argue that what's best for the big corporations that continue to employ millions of Americans is best for the American people. Likewise, plentiful access to cheap goods and labor have granted the current generation of Americans heretofore unseen levels of personal wealth. From a different perspective, if the profits from US corporations aren't helping the US economy, why should the US government allow them a loophole that siphons off billions of dollars in taxes and encourages these companies to expand more of their operations overseas? We've not yet seen much impact in stores that primarily sell goods manufactured overseas, aside from a dip in sales during the period when all of those lead-painted toys were shipping out of China. Should the current economic downturn in the US continue, will shoppers decide to vote with their wallets and support a more isolationist policy, or will they simply try to stretch their dollars as far as possible by buying the lowest-cost goods. It seems to us that like our love of credit, this might be a buy now, pay later type of affair. Comments (0)
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Leave a CommentPrevious Article: Digital signage firm NTN Buzztime announces Q1 2008 financial results Next Article: TriOc Vision Studios introduces new digital signage product LEGAL STUFF: SignageWire is written by the WireSpring staff but may periodically include articles by guest authors. The author of each article is clearly identified at the start of the article. The opinions expressed in each article are solely those of the author, and do not reflect the official opinions of WireSpring Technologies, Inc. All SignageWire articles are copyright © 2008-2010 WireSpring Technologies, Inc. or the guest author, as appropriate. All content besides the actual article text, e.g. surrounding branding and informational content, is copyright © 2000-2010 WireSpring Technologies, Inc. All rights reserved. Except as provided in WireSpring's Republishing and Syndication Policy, no SignageWire content may be reproduced, in whole or in part, without WireSpring's express written consent.
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