Posted on 07/28/2010 7:51:56 PM PDT by NorwegianViking
The Waco, Texas Ross Dress store has been accepting pesos in payment for merchandise.
WACO (July 28, 2010)--The Waco Ross Dress for Less Store has been accepting pesos in payment for clothes, accessories, decorations and more and customers' reactions are mixed.
Some said Wednesday theyre concerned the dollar could be devalued if the practice spreads to other businesses.
Customer Amy Silva told News 10, "I think we need to stand up and say, 'Stop this.' This is America, and we have an American dollar."
Sharen Underwood says she feels if the practice catches on, the negative effects could be far reaching.
That'd be rough, she said.
But other customers called the decision to accept Mexican currency a positive move.
(Excerpt) Read more at kwtx.com ...
This may come as a shock to you, but there are stores in Buffalo that accept (gasp) Canadian dollars!
Private store. They can accept poker chips if they want to.
Not only that, but it’s probably good for the local economy. Illegal in the US will be paying with US dollars anyway, so anyone who uses pesos is probably a tourist or visitor.
No one is forcing anyone to shop there. If we do not like it... then we can shop someplace else.
Looking for my local HEB (Texas) to begin accepting pesos.
Why not?
All the stuff they sell is labeled in Spanish.
There isno reason for a private business not to accept whatever currency it can handle profitably.
A couple of years ago, coming back from Canada, I had almost $10 Canadian in my pocket. We stopped in Buffalo to eat and I gave all of it to a waitress as a tip. She was very happy to get it.
That was actually a business decision by HEB several years ago. I remember seeing a speech by an HEB executive I think in 2003. He said they were specifically targeting Hispanic customers as part of a marketing strategy to deal with the entrance of Wal-mart into the grocery business. They knew they could not compete with Wal-mart on price, so they decided to target specific market segments.
With the dollar close to par these days, that’s pretty generous.
Bookmark
...so they decided to target specific market segments.
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I don’t think there’s anything specific about it.
I shop at suburban HEB’S. Arroz and leche desnatada is there as it is in the barrios.
From the article:
Some locally owned stores in the area also accept dollars and pesos, and the Pizza Patron chain began accepting Mexican currency more than three years ago.
So some people are paying in foreign currency. Big deal!
But a $25 dollar dress costs 317 pesos.
>>> This may come as a shock to you, but there are stores in Buffalo that accept (gasp) Canadian dollars!
And likewise when I crossed into Canada at Niagara Falls, every establishment I stepped into accepted US currency. I appreciated the convenience. Smart business to accommodate near a border.
Unclench.
What?!!!
We’re surrounded!!!
Exactly!
Mervyns used to be a decent store, until they hired Mexican managers who hired all Mexican clerks who catered to and waited on first all the Mexican customers. You couldn't walk down any aisle without walking on merchandise dropped in the floor. I was in one day and found three Mexican women sitting on the floor of one aisle with their children eating a lunch they'd brought in from McDonalds. I gave up on shopping there and it wasn't many months later that the store closed down. Ross isn't much better now and I've wondered how long before they close too.
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