Overseas (bargain) shopping trips

Here’s a story from this week’s New York Times on the rising trend of Europeans flying to New York to bargain shop. What stands out here is not that these are posh socialites getting their fix on 5th Ave. We’re talking about average Joes (more like Janes, I suppose) who fly to the states specifically to take advantage of the depreciating dollar and holiday deals.

Several airlines are apparently offering promotions to encourage this kind of things. For instance, on Silverjet, a roundtrip, business-class ticket was marked at $2,000. Not a bad deal, but sounds like you’ll have to do a heck of a lot of shopping to recoup your startup costs.