Business

Early holiday sales may be a boon for consumers but put pressure on retailers’ profit margins, say experts.

28
November
2019

Despite the booming sales that happen on Black Friday, most Canadian retailers would rather not discount heavily this time of year, because, all else being equal, they could sell a lot of product at closer to regular prices. 

“As soon as someone, whether it's Amazon or Walmart or someone else, started discounting around Black Friday in Canada, then everybody had to,” said University of Alberta marketing expert Kyle Murray. “If Sport Chek wants to keep the sale of that hockey stick you were going to buy, then they have to drop price as well. And then everybody does.

“It's great for Canadian consumers but puts a lot of pressure on retail margins.”

Once a strictly American phenomenon, Black Friday will now see upwards of 40 per cent of Canadians planning to take advantage of deals that day—more than the 34 per cent who said they ...

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08
November
2019
| 13:50 America/Tegucigalpa

Who buys the wine? Research reveals how consumers make choices for groups

People who see themselves as independent tend to go with their own preference when choosing for a large group—even if it costs more.

When tasked with making choices for a big group, like selecting wine for the table, independent people typically make choices that more strongly reflect their own preferences, according to a new
30
October
2019
| 13:00 America/Tegucigalpa

Opioid crisis has cost Canada nearly $5 billion in lost productivity, U of A student finds

Economics student estimates financial toll of a drug epidemic that has claimed more than 11,000 lives since 2016.

Canada is losing at least $4.7 billion in labour productivity as a result of the opioid crisis, according to recent calculations by a University of Alberta undergraduate student in
29
October
2019
| 13:00 America/Tegucigalpa

New technique could help decontaminate oilsands process water

Method developed by U of A engineering researchers removes one of the main contaminants in water used for bitumen extraction.

New technology developed by engineers at the University of Alberta shows potential in cleaning and decontaminating process water from oilsands production. The process relies on ozonation and
24
October
2019
| 19:59 America/Tegucigalpa

U of A spinoff company recognized for research to unlock anti-cancer drugs

Meros Polymers among spinoffs and U.S. patent holders celebrated at business incubator TEC Edmonton’s annual event.

A University of Alberta spinoff company looking to unlock an entire class of non-water-soluble drug options—including a number of anti-cancer drugs—was recognized at the TEC Edmonton 2019 Innovation
10
October
2019
| 14:00 America/Tegucigalpa

Scientists find recipe for greener garden waste disposal

Adding manure and crop leftovers to leaves and clippings helps earthworms digest them—and speeds up composting by 80 per cent, researchers find.

Scientists have developed a recipe that addresses a growing need for sustainable disposal of urban garden waste in China and could also be useful in North America. In Beijing, where the research
26
September
2019
| 17:00 America/Tegucigalpa

Recycling salty water could help control detrimental microbes in Alberta drill sites

Study of two drill sites in Alberta suggests recycling saline water produced by hydraulic fracturing affects microbial growth below ground.

Recycling salty water produced from hydraulic fracturing may be effective for managing microbes at well sites in Alberta, according to a new study by University of Alberta scientists that could help
19
September
2019
| 22:16 America/Tegucigalpa

U of A grads among most employable in Canada, according to new QS rankings

University ranks second in graduate employment rate and employer-student connections.

The University of Alberta held steady in a ranking that reaffirmed its graduates are among the world’s most qualified and sought-after. The 2020 edition of the QS World University Rankings:
19
September
2019
| 19:00 America/Tegucigalpa

U of A, City of Edmonton join international network of city-university partnerships

First partnership within Canada will collaborate on projects involving sustainable buildings, elder care and connected vehicle networks.

The University of Alberta and the City of Edmonton will collaborate on three projects using the collective might of an international network of city-university partnerships dedicated to finding
17
September
2019
| 13:55 America/Tegucigalpa

COMMENTARY || What it takes for Alberta to compete globally

Improving economic productivity needs to be driven by shared desire among sectors to increase Albertans' well-being, argue experts.

Improving Alberta’s economic productivity or competitiveness is not a goal in and of itself. It needs to be driven by a shared desire to increase well-being. So let’s start by clearly defining what’s
02
August
2019
| 14:05 America/Tegucigalpa

Plant-based alternatives won’t replace meat anytime soon, say experts

Products like Beyond Meat are making a big splash in the market and the media, but changing eating habits will take longer, study shows.

Despite the increasing popularity of plant-based protein alternatives like Beyond Meat hamburgers, a new U of A study suggests that changing attitudes about meat consumption in many western nations
01
August
2019
| 14:00 America/Tegucigalpa

U of A students look to cut plastic waste with hemp-based feminine hygiene products

Biodegradable menstrual pads could be an answer to single-use plastic ban.

Every year, millions of plastic-lined feminine hygiene products wind up in Canadian landfills, destined to decompose over hundreds of years.  But a small startup led by University of Alberta