5 ms·
Especially when any fine will be merely a rap on the knuckles. From the article: > the company raked in nearly $8.7 billion in sales last year.
by PontifexMinimus 2y ago
Especially when any fine will be merely a rap on the knuckles. From the article:
> the company raked in nearly $8.7 billion in sales last year.
- _heimdall 2y ago> It's interesting to question, however, if U.S.-made labels have at all contributed to the company's success. The article did follow up the total sales number with this caveat though. It seems reasonable that the products could have accounted for more than $3.18M in sales, though we really don't know total sales of the falsely labeled products or what percent of those sales only happened due to the Made in the USA label.
- thaumasiotes 2y ago> we really don't know total sales of the falsely labeled products or what percent of those sales only happened due to the Made in the USA label. We can speculate about that second question, though. Have you ever made a purchase decision based on a country-of-origin label?
- wccrawford 2y agoI'm not sure why you're being downvoted for that. It was part of Walmart's early success that they sold products made in America, and there was a long time that people griped about it no longer being true. Clearly people care.
- Tagbert 2y agoThe question may have come off as implying that people do not made buying decisions based on the country of origin label. I imagine that many people’s own buying habits show them that the label does have an impact.
- wccrawford 2y agoI took it the opposite way (that it implied they do make decisions based on that info) but I guess it could be interpreted either way.
- mostlysimilar 2y agoPersonally I will spend significantly more to buy made in America.
- _heimdall 2y agoFrom William-Sonoma specifically? No, I haven't. In general, absolutely though in those instances I end up always buying from a smaller company as well that actually produces the product. I'll buy USA-made jeans from Round House for example, but it wouldn't make a difference to me if I saw a sticker in a big chain store selling jeans.
- vundercind 2y agoMIUSA is a good marker of quality for many products—not because US workers or processes are exceptional in ways that those in poorer countries can’t be, but because US manufacturing has high labor costs, so it doesn’t make sense to cut corners that it might in other countries, because you’re already not able to chase the very-price-sensitive market. For example, it’s rare to see shoes made in the US (or other rich countries, for that matter) that are made with anything worse than mid-tier full grain leather, because what’s the point? If you use US manufacturing to make crappy bonded or corrected leather shoes, you’re just going to have the most-expensive crappy shoes on the market, so why bother? There are exceptions, but it’s a decent signal.
- TheCleric 2y agoI feel like that was the weakest part of the article. I don’t particularly find that to be an interesting question in this context because it’s a bit irrelevant if it works. What matters is whether they think it works, and whether it’s a worthwhile exchange for them to lie to increase sales with the hope/knowledge that it will be profitable in the long term.
- hi-v-rocknroll 2y agoFines should be proportional to income sheet and balance sheet, or they fail to have a deterrence effect or may violate the 8th a.