Mortgage Lending News: Walmart Canada will be ready for Target: CEO

VANCOUVER, BC (September 21, 2011) Clearlease Financial Reports Walmart Canada will spruce up stores that could compete directly with those that arch-rival Target Corp plans for Canada, but there will be no big strategic change to deal with a new competitor, chief executive David Cheesewright said on Tuesday Sept 20, 2011.

Cheesewright, who heads the Canadian operations of Wal-Mart Stores Inc , told Reuters that the retailer had not seen consumer confidence dip as dramatically as it did in 2008.

But confidence is not improving, with sales peaking markedly as paychecks arrived and falling at month-end. Customers are seeking out cheaper products amid doubts about the global economy, he said in an interview.

“It’s tough but stable, and people are looking for value,” Cheesewright said. “That hasn’t changed much over the last 18 months, and I’m not sure I see it changing much over the foreseeable

future.”

Wal-Mart, the world’s biggest retailer, already operates more than 300 Canadian stores, or more than double the number that Target plans to open here from 2013.

“The Canadian market is incredibly competitive anyway. I’ve worked in Europe, I have a lot of experience in the U.S., and it’s one of the most competitive markets I’ve seen,” said Cheesewright, citing Shoppers Drug Mart , Loblaw Co’s No Frills and Canadian Tire in particular.

Discount retailer Target is one of a number of U.S. retailers that are entering Canada or expanding their presence, forcing existing retailers to cut their prices.

In June, Target said it would transfer leasehold interests in up to 39 stores to Walmart, and Cheesewright said more information on that deal will be out soon.

He said Walmart will not slow its supercenter expansion in Canada, continuing with 35 to 40 conversions to supercenters a year, as well as opening “a few” new stores.

Walmart Canada prides itself on green initiatives launched in recent years, including targets to reduce packaging and an environmental demonstration store west of Toronto that uses geothermal heating and cooling.

“People are pretty suspicious of big companies, and they don’t necessarily like big companies,” said Cheesewright. But on green initiatives “our size is an advantage,” he added.

“When we make a change, it makes a difference in a way that not many other organizations can claim to do.”

Clearlease Equipment Lease Financing, Commercial Financing Mortgage Refinance Mortgage Auto Lease, Vendor Program – Clearlease

Clearlease Video Link: http://youtu.be/fROP17iUSEg

For more information please visit us at: http://mortgage.clearlease.com

About Clearlease

Clearlease Financial Group Corporation (Clearlease.com) may be able provide you with fully diversified Lease Finance Mortgage Banking Brokerage service specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Contact Clearlease.com:

Clearlease Financial Group Corporation
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 716-0495
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542

Clearlease Financial Group Corporation are specialists in;

lease, equipment leasing, leasing, lease equipment, equipment lease Canada, equipment financing, financing, leasing companies, leases, equipment leases, lease financing, equipment lease finance, business financing, lease new, lease used, commercial equipment lease, business finance, business lease, truck lease, truck financing, auto financing, commercial vehicle lease, business financing specialist, leasing services Vancouver, BC, Alberta, lease canada, bobcat, skid steer, excavator, loader, heavy equipment,Leasing Services vancouver,British columbia,Lease Canada, Agricultural Equipment Leasing, Business Computers Leasing, Construction, Dry Cleaning Equipment Leasing, Fitness Equipment Leasing, Forestry Equipment Leasing, Industrial Equipment Leasing, Medical ,Metalworking Equipment Leasing Office Equipment Leasing,Oil & Gas Equipment Leasing,Printing Equipment Leasing Restaurant Equipment Leasing,Self Storage Equipment Leasing,Software Equipment Leasing Telecommunications Equipment Leasing,Used Equipment Leasing,Wholesale Reatil Equipment Leasing, Commercial Equipment Leasing,Industrial Equipment Leasing,Manufacturing Equipment Leasing, Commercial Solar Panel Financing, Equipment Leasing Canada, Farm Equipment Leasing,Forklift Leasing,Medical Equipment Leasing, Computer Equipment Leasing,Entertainment Equipment Leasing, Green Manufacturing Equipment Leasing,Equipment Vendor Leasing, Vendor Finance,Vendor Equipment Leasing Programs,Business Finance,Commercial Leasing,Equipment Lease Calculator,Equipment Leasing Quote, Renewable Energy Equipment Leasing,Business Equipment Lease,Mortgage Information,Credit Line,Residential Mortgage, Commercial Lending,Commercial Mortgage,Commercial Mortgage Lending, Refinance,Sale Leaseback, DLC Clearlease,Using a Mortgage Profesional,Benefits,Cost,Home Purchase,Buying a Home, Home Purchase calculators,Current Mortgage Rates,How to Apply for a Mortgage, Refinance your Current Mortgage,Mortgage Renewal,Home Equity,Mortgage Life Insurance, Commercial Mortgage Financing,Canada,BC,ALTA,British Columbia,Alberta, Vancouver, BC Lower Mainland, Mortgage Broker,Rates,Calculator,Dominion Lending Centres,Clearlease, Mortgage Financing,BC Home Mortgages,Best Mortgage Rates,Financial Services,First Time Home Buyer, Refinance,ALTA Home Mortgages,West Vancouver,North Vancouver,Downtown,Metro Vancouver,Lower Mainland, Yaletown,Coal Harbour,Equipment Leasing Calculator,Free Mortgage Calculators, Refinance Bad Credit,refinance with bad credit, bad credit mortgage refinance Vancouver,Mortgage Brokers Bad Credit BC, mortgage brokers bad credit, best mortgage rates, canada mortgages,canada mortgage,lowest rate, mortgages canada,lowest mortgage rates,canadian mortgages,canada mortgage rates,best canadian mortgages

Construction Equipment Leasing Company, Machinery, Manufacturing, Medical Equipment Leasing,commercial equipment leasing, equipment leasing for businesses, equipment finance, capital equipment leasing, business financing, business leasing, financing equipment, leasing equipment, capital equipment leasing business, financing business leasing, equipment leasing for businesses, debt consolidation, project development, working capital, financing on presently owned equipment, sale leaseback, equipment leasing company, construction equipment financing, machinery equipment financing , manufacturing equipment financing, medical equipment financing, technology equipment financing, transportation equipment financing, construction equipment leasing, machinery equipment leasing, manufacturing equipment leasing, medical equipment leasing, technology equipment leasing, transportation, aircraft equipment leasing, aircraft equipment financing, vendor financing, leasing company, commercial loans, equipment collateral, sale lease-back, leaseback, commercial equipment leasing, equipment leasing for businesses, equipment finance, capital equipment leasing, business financing, business leasing, financing equipment, leasing equipment, capital equipment leasing business, financing business leasing, equipment leasing for businesses, debt consolidation, project development, working capital

Alberta, Airdrie, Brooks, Calgary, Camrose, Cold Lake, Edmonton, Fort Saskatchewan, Grande Prairie, Lacombe, Leduc, Lethbridge, Lloydminster, Saskatchewan, Medicine Hat, Red Deer, Spruce Grove, St. Albert, Wetaskiwin, British Columbia, Abbotsford, Armstrong, Burnaby, Campbell River, Castlegar, Chilliwack, Colwood, Coquitlam, Courtenay, Cranbrook, Dawson Creek, Duncan, Enderby, Fernie, Fort St. John, Grand Forks, Greenwood, Kamloops, Kelowna, Kimberley, Kitimat, Langford, Langley, Merritt, Nanaimo, Nelson, New Westminster, Metro Vancouver, North Vancouver, Parksville, Penticton, Pitt Meadows, Port Albern, Port Coquitlam, Vancouver, Port Moody, Powell River, Prince George, Prince Rupert, Quesnel, Revelstoke, Richmond, Vancouver, Rossland, Salmon Arm, Surrey, Terrace, Trail, Vancouver, Vernon, Victoria, White Rock, Williams Lake, Manitoba, Brandon, Dauphin, Flin Flon, Portage la Prairie, Selkirk, Steinbach, Thompson, Winkler, Winnipeg, New Brunswick, Bathurst, Campbellton, Dieppe, Edmundston, Fredericton, Brunswick, Miramichi, Moncton, Saint John, Barrie, Belleville, Brampton, Brant, Brantford, Brockville, Burlington, Cambridge, Clarence-Rockland, Cornwall, Dryden, Elliot Lake, Greater Sudbury, Guelph, Haldimand, Hamilton, Kawartha Lakes, Kenora, Kingston, Kitchener, London, Mississauga, Niagara Falls, Norfolk County, North Bay, Orillia, Oshawa, Ottawa, Owen Sound, Pembroke, Peterborough, Pickering, Prince Edward, Port Colborne, Niagara, Quinte West, Sarnia, Sault Ste. Marie, St. Catharines, St. Thomas, Stratford, Temiskaming Shores, Thorold, Thunder, Timmins, Toronto, Vaughan, Waterloo, Welland, Horseshoe, Windsor, Woodstock, Quebec, Acton Vale, Alma, Amos, Amqui, L’Ancienne-Lorette, Asbestos, L’Assomption, Baie-Comeau, Côte-Nord, Baie-d’Urfé, Baie-Saint-Paul, Barkmere, Beaconsfield, Beauceville, Beauharnois, Beauharnois-Salaberry, Beaupré, Beaupré, , Bécancour, Bedford, Belleterre, Belœil, Berthierville, Blainville, Bois-des-Filion, Boisbriand, Blainville, Bonaventure, Boucherville, Brome Lake (Lac-Brome), Bromont, Brossard, Brownsburg-Chatham, Cabano, Candiac, Cap-Chat, Cap-Santé, Carignan, Carleton-sur-Mer, Causapscal, Chambly, Chandler, Chapais, Charlemagne, Châteauguay, Château-Richer, Chibougamau, Clermont, Charlevoix-Est, Coaticook, Contrecoeur, Cookshire-Eaton, Côte-Saint-Luc, Cowansville, Danville, Daveluyville, Dégelis, Delson, Desbiens, Deux-Montagnes, Disraeli, Dolbeau-Mistassini, Dollard-des-Ormeaux, Donnacona, Dorval, Drummondville, Dunham, Duparquet, East Angus, L’Épiphanie, Estérel, Farnham, Fermont, Forestville, Fossambault-sur-le-Lac, Gaspé, Gatineau, Gracefield, Granby, Grande-Rivière, Hampstead, Hudson, Huntingdon, Laurent, L’Île-Cadieux, L’Île-Dorval, L’Île-Perrot, Joliette, Kingsey Falls, Kirkland, Lac-Delage, Lac-Mégantic, Lac-Saint-Joseph, Lac-Sergent, Lachute, Laval, Lavaltrie, Lebel-sur-Quévillon, Léry, Lévis, Longueuil, Lorraine, Louiseville, Macamic, Magog, Malartic, Maniwaki, Marieville, Mascouche, Matagami, Matane, Madeleine, Mercier, Montérégie, Métabetchouan–Lac-à-la-Croix, Métis-sur-Mer, Mirabel, Mont-Joli, Mont-Laurier, Mont-Saint-Hilaire, Mont-Tremblant, Montmagny, Montreal, Montréal-Est, Montreal West, Mount Royal, Murdochville, Neuville, Nationale, New Richmond, Nicolet, Nicolet-Yamaska, Normandin, Notre-Dame-de-l’Île-Perrot, Notre-Dame-des-Prairies, Notre-Dame-du-Lac, Otterburn Park, Paspébiac, Percé, Pincourt, Plessisville, La Pocatière, Pohénégamook, Pointe-Claire, Pont-Rouge, Port-Cartier, Portneuf, La Prairie, Princeville, Prévost, Quebec City, Repentigny, Richelieu, Richmond, Rimouski, Rivière-du-Loup, Rivière-Rouge, Roberval, Rosemère , Rouyn-Noranda, Saguenay, Sainte-Adèle, Sainte-Agathe-des-Monts, Sainte-Anne-de-Beaupré, Sainte-Anne-de-Bellevue, Sainte-Anne-des-Monts, Sainte-Anne-des-Plaines, Saint-Augustin-de-Desmaures, Saint-Basile, Saint-Basile-le-Grand, Saint-Bruno-de-Montarville, Sainte-Catherine, Sainte-Catherine-de-la-Jacques-Cartier, Saint-Césaire, Saint-Constant, Saint-Eustache, Saint-Félicien, Saint-Gabriel, Saint-Georges, Saint-Hyacinthe, Saint-Jean-sur-Richelieu, Saint-Jérôme, Saint-Joseph-de-Beauce, Saint-Joseph-de-Sorel, Sainte-Julie, Saint-Lambert, Saint-Lazare, Saint-Lin-Laurentides, Saint-Marc-des-Carrières, Sainte-Marguerite-du-Lac-Masson, Sainte-Marie, Sainte-Marthe-sur-le-Lac, Saint-Ours, Saint-Pamphile, Saint-Pascal, Saint-Pie, Saint-Raymond, Saint-Rémi, Saint-Sauveur, Sainte-Thérèse, Saint-Tite, Salaberry-de-Valleyfield, La Sarre, Schefferville, Scotstown, Senneterre, Sept-Îles, Shawinigan, Sherbrooke, Sorel-Tracy, Stanstead, Sutton, Témiscaming, Terrebonne, Thetford Mines, Thurso, Trois-Rivières, La Tuque , Val-d’Or, Valcourt, Varennes, Vaudreuil-Dorion, Victoriaville, Ville-Marie, Warwick, Waterloo, Waterville, Westmount, Windsor, Saskatchewan, Estevan, Flin Flon, Humboldt, Lloydminster, Martensville, Meadow Lake, Melfort, Melville, Moose Jaw, North Battleford, Prince Albert , Regina, Saskatchewan, Saskatoon, Swift Current, Weyburn, Yorkton

( Video Link: http://youtu.be/fROP17iUSEg )

Tags: No tags

Comments are closed.