Latest news with #SeanMcCormick
Yahoo
4 days ago
- Business
- Yahoo
Spending spree among fans continues during Edmonton Oilers playoff run
After local spending climbed during consecutive rounds as the Edmonton Oilers marched through the Stanley Cup Playoffs, it hit a fever pitch during the last home game of the third round against the Dallas Stars, with a more than 140 per cent jump in spending near the arena. 'Throughout the playoffs, Moneris' data has revealed a clear trend — when the Oilers play at home, restaurant spending in downtown Edmonton lights up,' Sean McCormick, director of business development and data services at Moneris, said in a release. As Postmedia has steadily reported throughout the past several weeks and during the team's run last year, according to data from Moneris, spending near Rogers Place and throughout the city fluctuates significantly during the Stanley Cup Playoffs. Last year's Game 7 in the Stanley Cup Final produced a stunning 200 per cent spend increase near the arena, and while data won't be available until this year's Stanley Cup Final is over, this year's spending was already surging in the third round against Dallas. While the Oilers glided to a comfortable 4-1 series win over Dallas inside, fans outside the arena and in the area gave their bank accounts a beating with soaring spending on May 27. 'Round three of the playoffs highlighted the passion of Oilers fans, with restaurant spending near Rogers Place soaring up to 143 per cent during Game 4,' said McCormick. Calculating the spending by comparing credit and debit card activity at its point of sale systems, Moneris' data shows that during Game 4 against Dallas, spending was the largest jump of this year's playoffs by some margin. The only game that came close to Game 4's spending increase came exactly a month prior on April 27, when the Oilers played their second home game against the Los Angeles Kings in the first round, when spending near the arena swelled to 89 per cent above average. 'Round one reminded us just how impactful the playoffs can be for both fans and the local economy,' said McCormick. 'Whether at home or tuning in from local spots during away games, Oilers fans created a ripple effect that lifted businesses and brought people together in a meaningful way.' The spending spree during Game 4 of the Western Conference Final wasn't just limited to near the arena — Moneris saw that the same game also spurred spending throughout the city, leading to a 27 per cent rise across Edmonton's bars and restaurants. Coincidentally, the other game that came close to game 4's local spend was also April 27, bringing a 24 per cent bump in activity throughout the city. Perhaps unsurprisingly, whether the Oilers are playing at home or away, spending increases are more pronounced when the team wins. For example, in the third round after falling 6-3 to Dallas in Game 1 of the Western Conference Final, spending near the arena and throughout the city saw just a two and four per cent bump, respectively. In contrast, the ensuing four games that Edmonton won brought a 38, 51, 143, and 41 per cent increase in spending near the arena, respectively. Now down 2-1 in the Stanley Cup Final to the Florida Panthers, the team, fans, and businesses affected by the Oilers' success will be pulling for a comeback, starting Thursday night with Game 4 that gives the Oilers a chance to tie the series before heading home for Game 5. Edmonton businesses near Rogers Place surged over 200% for Game 7 Edmonton restaurants already getting playoff boost from Oilers Edmonton Oilers playoff run could leave economic hangover when it's done Bookmark our website and support our journalism: Don't miss the news you need to know — add and to your bookmarks and sign up for our newsletters here. You can also support our journalism by becoming a digital subscriber. Subscribers gain unlimited access to The Edmonton Journal, Edmonton Sun, National Post and 13 other Canadian news sites. Support us by subscribing today: The Edmonton Journal | The Edmonton Sun.
Edmonton Journal
4 days ago
- Business
- Edmonton Journal
Spending spree among fans continues during Edmonton Oilers playoff run
Article content After local spending climbed during consecutive rounds as the Edmonton Oilers marched through the Stanley Cup Playoffs, it hit a fever pitch during the last home game of the third round against the Dallas Stars, with a more than 140 per cent jump in spending near the arena. 'Throughout the playoffs, Moneris' data has revealed a clear trend — when the Oilers play at home, restaurant spending in downtown Edmonton lights up,' Sean McCormick, director of business development and data services at Moneris, said in a release.
Yahoo
14-05-2025
- Business
- Yahoo
Edmonton restaurants already getting playoff boost from Oilers
With the first round done and the second round set to wrap soon, the Edmonton Oilers' Stanley Cup playoff run has already injected some economic activity into restaurants around the city, according to a national financial technology company. 'What we saw is in the first round against L.A., it didn't seem to matter whether the Oilers were on the road in L.A. or at home in Edmonton. The spending results were as compelling as the action on the ice,' said Moneris spokesperson Sean McCormick. Payment processing company Moneris tracked fan spending in the first round, highlighting the economic impact of game days throughout the city and near the arena. When the Oilers' playoffs started, the team's future in the post-season looked precarious after back-to-back losses to the L.A. Kings. With the losses came similarly lacklustre spending from fans, but as the team's performance bounced back, so too did the local spending. 'What we saw when the Oilers were at home was truly eye-popping, especially in games 3 and 4, the first two home games of that series right across the city,' said McCormick. Starting off the series against L.A. on April 21, spending near the arena went up three per cent in restaurants across the city, and 25 per cent near the arena. The following game similarly didn't show much change with a modest 22 per cent increase on April 23 near the arena and five per cent around the city. Like the team, however, things started moving when the Oilers came home April 25. Restaurant spending was up 21 per cent across the city for the Oilers first home game, and an impressive 82 per cent near the arena. The numbers climbed even higher for the ensuing home game with a near-arena increase of 89 per cent and a citywide increase of 24 per cent. 'That's massive. That is a bonanza, if you are a restaurant owner, getting 20 per cent more sales on any given day of the week,' said McCormick. As the largest payment processor in Canada, Moneris handles one out of every three transactions across the country. Moneris tracks these statistics by analyzing all the data for the payments it processes in Edmonton. From there, the company distinguishes the data by business it knows to be restaurants and then compares the results on a game day to a comparable non-game day. The results in the city tell McCormick that fans are 'enthusiastically' behind the Oilers. With Moneris' access to data from across the country, it's able to break down how Edmonton's fan spending compares to Winnipeg, Toronto, Montreal, and Ottawa, which all played the first round of the playoffs. In Ontario, the Toronto Maple Leafs squared off against the Ottawa Senators in the first round, which McCormick said was pumped up to be a significant showdown for the region. Despite the fanfare around the games, the first home game for Toronto actually generated six per cent less spending in restaurants than a comparable non-game day, followed by a modest increase of two per cent for the following game. The only team whose fans came close to Oilers' fan spending was the Montreal Canadiens, which had more than 40 per cent increases in spending across the city for the first two home games. 'I think if you had to ask anybody who would the two most rabid fan bases be in Canada, I don't think you'd have to go too far to find someone that says probably Edmonton and Montreal,' said McCormick. Moneris also calculated the impact of Taylor Swift's performances in Toronto, finding it added more than 40 per cent in spend volume for downtown Toronto, which McCormick (indirectly) compared to the Oilers. 'For the Oilers to be at plus 23 to 24 per cent … that's about half of a Taylor Swift concert.' Perhaps the team isn't bringing Swiftie economic impact numbers, but with playoffs running for several months as opposed to two weekends, it still will add up — it certainly did last year. Wednesday's game represents a chance for the Oilers to punch their ticket to the conference finals for the second consecutive year, putting them even closer to the finals, and prolonging the playoff spending push. Oilers Stanley Cup playoff run nets $280M for Edmonton: OEG, Explore Edmontonv 'Mental curveball': Vegas restaurant ad in Edmonton taunts Oilers' loss in final second of Game 3 Bookmark our website and support our journalism: Don't miss the news you need to know — add and to your bookmarks and sign up for our newsletters here. You can also support our journalism by becoming a digital subscriber. Subscribers gain unlimited access to The Edmonton Journal, Edmonton Sun, National Post and 13 other Canadian news sites. Support us by subscribing today: The Edmonton Journal | The Edmonton Sun.
Edmonton Journal
14-05-2025
- Business
- Edmonton Journal
Edmonton restaurants already getting playoff boost from Oilers
Article content With the first round done and the second round set to wrap soon, the Edmonton Oilers ' Stanley Cup playoff run has already injected some economic activity into restaurants around the city, according to a national financial technology company. 'What we saw is in the first round against L.A., it didn't seem to matter whether the Oilers were on the road in L.A. or at home in Edmonton. The spending results were as compelling as the action on the ice,' said Moneris spokesperson Sean McCormick. Payment processing company Moneris tracked fan spending in the first round, highlighting the economic impact of game days throughout the city and near the arena.
The Province
06-05-2025
- Business
- The Province
Manitobah eyes opening of 10 new stores across Canada
Métis entrepreneur Sean McCormick founded the Canadian footwear brand in the late '90s Manitobah Modern Moccasin. Photo by Manitobah Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Métis entrepreneur Sean McCormick founded the footwear brand Manitobah in the late '90s as an avenue of support for and celebration of Indigenous communities. Today, the Winnipeg-headquartered company continues that ambition with new designs and artist collaborations. McCormick and the Montreal Lake Cree Nation remain onboard as partial owners, according to the company. We caught up with Lor Brand, product line manager at the company, to learn more about the brand, its ambitious expansion plans and more. Q: For those who aren't familiar, what is Manitobah? A: Manitobah is an Indigenous-rooted brand dedicated to making positive impacts in Indigenous communities. We collaborate with Indigenous artists from across North America to craft the world's warmest and most comfortable footwear, preserving designs used by Indigenous people for thousands of years. We are a certified B-corp and our mission surpasses profitability with a focus on creating pathways for Indigenous voices to be heard, celebrated and economically empowered. At Manitobah, we are committed to Indigenous artistry, and cultural preservation is infused into every Manitobah product, reflecting our brand's promise of walking together and making a difference with every step. Q: Who is the target customer? A: Our footwear targets predominantly women that value our social mission and impact on Indigenous communities along with functional and beautiful styles and brands with a purpose. Essential reading for hockey fans who eat, sleep, Canucks, repeat. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. A: Manitobah was founded in 1997, in Winnipeg, with the vision of creating a successful company while benefiting the Indigenous community. Today, we continue that vision on a larger scale, as a global brand making a positive impact in Indigenous communities across North America. This year, we released the 2024 Social Impact Report reflecting a year of collective efforts by Manitobah, including over $1 million in contributions to Indigenous communities and causes through our Indigenous Market. We also opened three additional year-round stores in Edmonton, Saskatoon and Ottawa and we have 10 additional locations planned to open in Canada this year. Q: What's new for spring? A: This spring, we have several exciting collaborations debuting. We are previewing a few now, including the Kayak Amakehs, featuring Passamaquoddy artist Gabriel Frey's signature double curve design. This advertisement has not loaded yet, but your article continues below. The Blossom Stamp Collection, with artwork by fourth-generation Diné artist Tracie Jackson on styles like the Modern Moccasin, Butterfly Flat and Tipi Slipper, as well as a bandana and baseball hat. The new Denim Collection, featuring the Tipi Slipper, Micro Mukluk, Kayak and Modern Moc. And, new, refreshed colour ways of spring staples, including the Modern Moc, Modern Moc Chukka, Butterfly Flat. Q: What is the price range for your products? A: Prices range from $80 for our Tipi Slipper to $250 for our Waterproof Snowy Owl Mukluk. Q: Where can people learn more? A: Read More Health Vancouver Canucks Vancouver Canucks Crime Local News
