An employee at the Cordova Party City location said the two local stores are franchises and are not planning to shutter.

Petra Cafe is looking for a new location, Guthrie’s Chicken will open, Wendy’s on Covington will be torn down and rebuilt, and Catherine & Mary’s will be renovated. 

The company affirms the value of its savings programs, more than $6 billion through 2027, but downgrades earnings-per-share for the rest of the year.

“Kate (Ashby) and Kyle (Bankston, the owners of Knifebird and The Public Bistro) are like-minded people. We are good friends, and we want to do their legacy justice,” one of the restaurateurs taking over the spaces said. 

Pickleball Kingdom is taking over a former Memphis superstore and, with it, bringing indoor courts, classes and more.

The project will start in April and is expected to take two years. Ultimately a five-lane road will be the airport’s entrance.

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More than 105,000 passengers expected to depart from here in the two-week holiday travel period. 

The company expects the transaction, which will produce two publicly traded companies, will be executed in 18 months.

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FedEx sees some gains in face of stubborn economy, other headwinds

BLDG Memphis has already helped grow 1,150 small businesses in seven Memphis neighborhoods through its Community Navigator Pilot Program. The nonprofit’s new project will build on that success. 

The Woman’s Exchange of Memphis was founded in 1885 as part of the Woman’s Exchange movement to help women provide for their families anonymously when it was not socially acceptable for them to work. 

The Collierville intersection at North Byhalia Road and Wolf River Boulevard will get a shopping center, South Main to get new retail spots and the three-building Mendenhall Road Collection was sold for $1.175 million.

Red Door Wealth Management and Etairos HVAC announce additions. 

BlueOval SK, a joint venture between Ford Motor Co. and a Korean EV battery maker, was created to supply batteries for Ford and Lincoln electric vehicles.

Morris brings more than 30 years of experience to Lakeside, a 55-year-old hospital specializing in behavioral health care and addiction treatment for Mid-South patients. 

Stanton Mayor Allan Sterbinsky said his small town remains enthusiastic about BlueOval City, despite Ford delaying production of its next-generation all-electric truck at the automaker’s new plant. 

People familiar with the restaurant said the concept could be an upscale steakhouse similar to the Tekila location at the Nineteenth Century Club building at 1433 Union Ave. 

City Silo reopens in East Memphis with a new look and a new location. Plus, a Bartlett bakery has closed its storefront. 

Last week, xAI, the startup founded by Elon Musk, announced plans to expand its supercomputer. Now, environmental groups want to know what it will cost Memphis. 

After three months of intensive work in Epicenter’s ZeroTo510 Accelerator, the founders of four med tech startups are gearing up to showcase their innovations at a Downtown event on Thursday, Dec. 12. 

First Horizon Bank, Methodist Le Bonheur Healthcare and MyCityRides announce additions. 

AAON buys a Memphis property through Cushman & Wakefield Commercial Advisors. 

Maria Megdal comes to St. Jude Children’s Research Hospital from Boston’s Dana-Farber Cancer Institute and will oversee a number of departments vital to the hospital’s operations.

Since the original policy change in July 2023, only five projects have been approved and none of those are under construction. 

AutoZone President and CEO Phil Daniele said the Memphis-based company is positioned for growth heading into the remainder of FY 2025. 

The Daily Memphian’s Commercial Real Estate: Forecast and Review Seminar featured Richard Shadyac and a panel of three local real estate brokers: Jonathan Aur, Elliot Embry and Michael Donahoe.