Fred’s to close 159 stores by end of May
Memphis-based Fred’s Inc. announced Thursday 159 underperforming stores will close by the end of May. The decision follows a comprehensive evaluation of the company’s store portfolio.
Natalie Pilgrim is a Memphis native and a graduate of the University of Memphis. She is a digital producer for The Daily Memphian.
There are 147 articles by Natalie Pilgrim :
Memphis-based Fred’s Inc. announced Thursday 159 underperforming stores will close by the end of May. The decision follows a comprehensive evaluation of the company’s store portfolio.
Houston High School student Eagan Smith's poster, "Jazzy Jim," was unveiled Thursday night as the winner of Memphis in May's 2019 Children's Poster competition.
Ulrich Spiesshofer, chief executive officer of Switzerland-based ABB, has resigned after six years with the company.
Prep work for FedEx Logistics' new Downtown headquarters in the former Gibson Guitar building has begun.
Tom Bailey, Wayne Risher and John Varlas of The Daily Memphian and Marc Perrusquia, director of the Institute for Public Service Reporting at the University of Memphis, are among the winners in this year's Tennessee Associated Press Broadcasters and Media Editors contest.
Fred’s Inc. reported a loss of $137 million for fiscal 2018 and continues to look at its shrinking store footprint and liquidity issues.
Fred’s Inc. announced Thursday the company will begin to close an additional 104 underperforming stores.
Service of the Main Street Trolley rail line will soon be affected as a result of construction on the Memphis Convention Center.
The University of Memphis Foundation has added two new members to its board of directors, Tanya Hart and Monica Wharton.
Acting chairman of the National Endowment for the Arts, Mary Anne Carter, announced Wednesday that the city of Germantown is one of the recommended organizations for a $50,000 grant to support community design workshops and the creation of a public art master plan.
Two building permits totaling $7.5 million were filed last week for JNJ Logistics’ new headquarters.
As it approaches its 100th anniversary, Theatre Memphis' facility on Perkins Extended will be getting upgraded.
Wiseacre Brewing Co. applied for a $1 million building permit last week for the construction of its new brewery and taproom at 398 B.B. King.
AutoZone Inc. posted third quarter earnings Tuesday with higher net sales compared to a year ago and a 10.7% increase in net income.
The Shelby County Trustee and the City of Memphis Treasury in partnership with mobile and web government leader, PayIt, are now offering the ability for residents to enroll in property tax eBilling online.
The University of Memphis announced Thursday it has surpassed its previous record in academic fundraising with $26.3 million during the fiscal year ending June 30.
Indigo Agriculture has filed a $1M building permit for interior renovations for its new headquarters at Downtown Memphis' Toyota Center at 175 Memphis Toyota Plaza.
FedEx issued an apology Tuesday for mishandling packages destined for Huawei Technologies amid accusations the company deliberately diverted four parcels addressed to the Chinese tech giant's offices in Asia.
FedEx Logistics announced Wednesday the launch of a new Historically Black Colleges & Universities employment program at Mississippi Valley State.
A building permit has been filed for construction of a new microbrewery, Soul & Spirits, in Uptown.
International Paper announced Wednesday it will sell its India-based paper business, International Paper APPM Limited, to West Coast Paper Mills Limited.
Orange Mound nonprofit organization My Cup of Tea announced Thursday it has been featured in Google’s tenth annual Economic Impact Report.
The University of Memphis announced Wednesday it will host a forum on connecting Memphis-area businesses with skilled employees who are ex-offenders.
Memphis Mayor Jim Strickland announced Thursday the City of Memphis has partnered with Operation HOPE to bring HOPE Inside financial coaching and education to city employees and their families
The Pink Palace Museum announced Friday that Crew Training International (CTI) Flight Training School in Millington has renewed its naming sponsorship of the museum’s CTI Giant Screen Theater.