Marriott opens Edmonton luxury hotel complex beside Rogers Place

Marriott opens Edmonton luxury hotel complex beside Rogers PlaceMarriott's luxury hotel development in downtown Edmonton adjacent to the Rogers Place has thrown open its doors. Named the JW Marriott Edmonton ICE District, the development features 346 tech-integrated guestrooms and approximately 22,000 square feet of meeting and conference space. The company claims the district has Edmonton's largest event ballroom, featuring 9,000 square feet of…

Servus Credit Union net income up 7% in quarter

Assets grew 3% to $16.4 billion; deposits increased by 3.6% to $13 billion

Servus Credit Union net income up 7% in quarterEdmonton-based Servus Credit Union reported net income (after dividends, patronage and taxes) of $22.7 million for the second quarter of its fiscal year, up 7.1 per cent from last year’s second quarter. The credit union’s assets grew three per cent to $16.4 billion; deposits increased by 3.6 per cent to $13 billion; loans expanded by 3.7…

Alcanna looks to a future that profits from alcohol and cannabis

Edmonton-based retailer seeks to expand booze sales elsewhere in the country and ultimately expects pot will bring a big payoff

Alcanna looks to a future that profits from alcohol and cannabisA cannabis supply shortage persists for retailers and savvy customers are snapping up what little is available, Alcanna's CEO says. James Burns pointed to the company’s flagship Nova Cannabis store near Whyte Avenue in Edmonton. “We get product delivered once a week on a Thursday and the customers know that’s the day,” Burns said in…

AutoCanada reports new car sales trending down

The company operates dealerships in eight provinces and in Illinois, with more than 4,200 employees overall

AutoCanada reports new car sales trending downNew-car sales are beginning to trend downward, said the Edmonton-based owner of 67 dealerships across Canada and the U.S. AutoCanada Inc. sold 66,073 new and used cars during 2018, and while most of those were new, going forward the company expects to focus more on used-car sales. After several record-setting years of new-car sales, analysts…