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Business

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  • Ford Megasite
  • Arts & Culture

    Memphis in May reports lowest attendance in more than two decades

    Memphis in May is projecting a record-setting financial loss of roughly $1.9 million for 2022. Its largest loss, previous to this, was in 2020 when the festivities were totally canceled due to the COVID-19 pandemic.

    By Christin Yates June 16, 2022
  • Health Care

    Campaign aims to build diverse medical database that includes ‘All of Us’

    The research mobile exhibit, led by the National Institutes of Health, stops in Memphis this week. 

    By Aisling Mäki June 15, 2022
  • Real Estate

    Gelato shop, florist plan to open in Central Station

    The Center City Development Corp., approved funding for several Downtown projects, including grants for the two new businesses in Central Station and an improvement grant for the historic R.S. Lewis Funeral Home. 

    By Neil Strebig June 16, 2022
  • Business

    FedEx-backed program aims to ‘create the next generation of entrepreneurs’

    “Since children can’t be what they can’t see, a critical component of this program is that the participating entrepreneurs represent diverse industries and communities across our region,” said Leigh Mansberg, president and CEO of Junior Achievement.

    By Courtney Wilson June 16, 2022
  • Business

    Federal lawmakers want to block First Horizon acquisition

    Federal lawmakers sent a letter to the Office of the Comptroller of the Currency citing a report from investigative news outlet Capitol Forum that TD Bank wrongly pressured customers into opening accounts and using banking services they didn’t want.

    By Rob Moore June 15, 2022
  • Update East Memphis

    New Topgolf Memphis details revealed through first permit

    The $16.5 million Topgolf facility is slated to include 72 hitting bays, a full kitchen and two bars.

    By Abigail Warren June 15, 2022
  • Premium Business

    Terminix discloses risks associated with merger, golden parachute payments

    Almost six months after announcing it would be acquired by British company Rentokil for $6.7 billion, Memphis-based Terminix is disclosing potential risks associated with the deal, as well as possible golden parachute payouts for its top executive officers.

    Related story:

    A timeline behind the Terminix merger agreement

    By Rob Moore June 15, 2022
  • Premium Real Estate

    Inked: Final step for Butler Row development, apartments coming to Raymond James Tower

    This week’s Inked covers updates on the $65 million Butler Row development, pending changes to the Raymond James building, a new tenant at The Altana in Midtown and a new hotel in the South Main district. 

    By Neil Strebig June 15, 2022
  • Movers and Shakers

    Movers & Shakers

    Hollywood Feed was named to Newsweek’s list of America’s Best Retailers for 2022. 

    By The Daily Memphian Staff June 15, 2022
  • City of Memphis

    First public bidder for MLGW electricity contract is familiar name

    At a meeting Tuesday, local residents in favor of a split from the Tennessee Valley Authority criticized MLGW’s bid process — and learned who submitted at least one of the power proposals. 

    By Keely Brewer June 16, 2022
  • City of Memphis

    Inspection finds senior high-rise ‘poses health hazard’ to its residents

    Code enforcement found 36 units with no air conditioning; 36 units had no hot water.

    By Bill Dries June 14, 2022
  • Transportation & Logistics

    FedEx adds new members to board, increases dividend by more than 50%

    FedEx Corp. stock was up nearly 9% Tuesday after the company made the announcement.

    By Rob Moore June 14, 2022
  • Premium Business

    How, and when, the Terminix merger deal began

    Recently filed SEC documents reveal that negotiations between Terminix and Rentokil Initial go back at least four years. 

    By Rob Moore June 14, 2022
  • Real Estate

    Cafe Lit aims to be Downtown restaurant, cultural hub

    Memphians Frankey Anderson and Hulesy Britt plan to open Cafe Lit, a literary-themed restaurant and bar at 111 Madison Ave. in August. 

    By Neil Strebig June 13, 2022
  • Real Estate

    Malco Majestic sold for $2.5 million

    After $50 million entertainment hub deal stalls, former movie theater in Hickory Hill has new owners, new vision. 

    By Neil Strebig June 10, 2022
  • Lakeland

    Lakeland board approves Ashmont outline plan

    A change in perception by one Lakeland commissioner has moved the Ashmont project from being in jeopardy to the next phase of consideration.

    By Michael Waddell June 10, 2022
  • Bartlett

    Lighthearted Barty Awards spotlight Bartlett business achievements

    The awards recognized outstanding achievements in the business community.

    By Michael Waddell June 10, 2022
  • Real Estate

    $100M India Cultural Center expansion approved by LUCB

    East Memphis will soon be home to the area’s first AC Hotel by Marriott and a $100 million India Cultural Center expansion is on its way in Eads.

    By Neil Strebig June 09, 2022
  • Premium Real Estate

    $29 million apartment complex at 99 Front nearing completion

    The historic Oliver and Stewart buildings Downtown are being transformed into an apartment complex. 

    By Neil Strebig June 09, 2022
  • Premium Health Care

    Dietitian: Eating disorders aren’t just ‘thin white woman’s disease’

    “It’s challenging, especially for young Black teens in Memphis, to understand they can also have eating disorders,” Whitney Trotter said.

    By Aisling Mäki June 09, 2022
  • Real Estate

    Applicants seek grants for three projects along G.E. Patterson

    The requests are on the agenda for next week’s Center City Development Corp. meeting, including plans for a mixed-use development at the former Prince Hall Chapter of the Masonic Building Association.

    By Neil Strebig June 08, 2022
  • Downtown

    South Point Grocery to host live music in June

    The recently opened Downtown Memphis grocer South Point Grocery will host live musical acts on its storefront porch throughout June.

    By Alicia Davidson June 08, 2022
  • Premium Real Estate

    Inked: Rise on the Ravine seeks PILOT; Downtown Walgreens building sold

    This week’s Inked includes details of a potential $79.6 million development in the Edge District and updates on Muggin’ Coffee’s second location.

    By Neil Strebig June 08, 2022
  • Movers and Shakers

    Movers & Shakers

    Martin, Tate, Morrow & Marston, P.C., recently announced that Samuel M. Fargotstein, Rebecca K. Hinds, and Christopher M. Myatt have been named shareholders of the Memphis-based law firm.

    By The Daily Memphian Staff June 08, 2022
  • Metro

    Dallas tech startup partners with City of Memphis for vo-tech apprenticeship

    The apprenticeship is a paid, eight-week accelerated program that will enable students to move into careers as electricians upon completion of the program.

    By Aarron Fleming June 09, 2022

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