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Business

  • Real Estate
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  • Ford Megasite
  • Premium Health Care

    Parkinson’s patients fighting back — with their fists

    “The disease does what it is going to do,” said Judy Jenkins, retired nurse practitioner. “The question is always: ‘OK, how long am I going to get this delayed?’”

    By Jane Roberts July 05, 2022
  • Transportation & Logistics

    One service center is building its own workforce to address labor shortage

    Technicians at the Gateway service center on Summer are self-supplying the company’s need for skilled mechanics with a six-month course that guarantees full-time employment at its conclusion. 

    By Rob Moore July 02, 2022
  • South Memphis

    Southland Mall struggles despite forthcoming developments

    On its grand opening date in 1966, Southland Mall created a three-hour traffic jam on U.S. 51 (now called Elvis Presley Boulevard). Now, on a recent afternoon, no more than two dozen cars speckled its parking lot.

    By Daja E. Henry July 01, 2022
  • Health Care

    Several major Memphis employers commit to cover abortion travel

    Some major employers are offering benefits to help employees access abortion services across state lines while others are determining whether they’ll need to make adjustments to their employees’ health care plans.

    By Aisling Mäki June 30, 2022
  • Real Estate

    EDGE board approves tax incentive for Legacy at Countrywood

    The 175-acre, $400 million mixed-use development near Colonial Country Club in Cordova is approved for an eight-year tax increment financing (TIF) of up to $23 million.

    By Neil Strebig July 01, 2022
  • Transportation & Logistics

    FedEx maps out strategy to increase earnings, operating income

    New CEO Raj Subramaniam faces soaring inflation, increasing competition from Amazon and an activist investor demanding shakeups to the board, but plans to grow earnings per share by as much as 19% over the next three years, as well as increase operating income by as much as $4.5 billion. 

    By Rob Moore June 29, 2022
  • Transportation & Logistics

    FedEx predicts sizable profit growth over next three years

    The logistics giant announced Wednesday, June 29, its new “Deliver Today, Innovate for Tomorrow” strategy as investors and analysts gathered in Memphis for the company’s 2022 investor meeting. 

    By Rob Moore June 29, 2022
  • Premium Real Estate

    Inked: Highlander in East Memphis sells for $2.7M, updates at Felicia Suzanne’s in South Main

    This week’s Inked includes updates on two businesses leaving Downtown Memphis, Felicia Suzanne’s new space, a new apartment complex on Front Street and new ownership for the Highlander Apartments.

    By Neil Strebig June 29, 2022
  • Movers and Shakers

    Movers & Shakers

    The Community Foundation of Greater Memphis recently announced that Hallie Peyton, director of client services and shareholder at Legacy Wealth Management and Russell Wigginton, president of the National Civil Rights Museum, have joined the board of directors.

    By The Daily Memphian Staff July 02, 2022
  • Business

    Montgomery Martin steps down from firm he founded

    After 27 years, owner and founder H. Montgomery Martin will step down as president and CEO of his namesake company. 

    By Neil Strebig June 28, 2022
  • Transportation & Logistics

    Hundreds of FedEx pilots picket for updated contract

    Pilots are asking for a contract that increases retirement benefits and takes into account issues related to quality of life, such as time spent away from home and uncertainty around scheduling. 

    By Rob Moore June 29, 2022
  • Business

    ‘Pen to Paper:’ IP featured on ‘How America Works’ with Mike Rowe

    The episode focused on the paper trade in the U.S., as well as the workers who keep it functioning. 

    By Rob Moore June 28, 2022
  • Premium Health Care

    Bartlett-based Grace Medical plans $2.8 million expansion

    Grace Medical plans a $2.8 million expansion at its Bartlett headquarters to enhance its position in otology.

    By Michael Waddell June 27, 2022
  • Transportation & Logistics

    FedEx delivers 52 tons of medical aid for Ukrainian refugees

    FedEx has donated more than $2.3 million in humanitarian aid since the outset of the conflict, including $1 million that has been allocated for in-kind shipping with nonprofit partners.

    By Rob Moore June 27, 2022
  • Premium Business

    Office owners in northeast Shelby County hope for market rebound

    Office users are trickling back to the market two-plus years after the COVID pandemic and its restrictions.

    By Michael Waddell June 27, 2022
  • Premium Real Estate

    Carrefour redevelopment could revive Germantown’s west end

    Planners say a rebirth of the property at Poplar Avenue and Kirby Parkway could transform the area in a way similar to Thornwood’s effect on the north end of Germantown’s Central Business District.

    By Abigail Warren June 26, 2022
  • Health Care

    Clark Opera Memphis Center to transform into women’s health care facility

    Memphis Obstetrics and Gynecological Association, the Mid-South’s largest OB-GYN practice, has purchased the iconic Opera Memphis building at 6745 Wolf River Blvd. 

    By Aisling Mäki June 24, 2022
  • Ford Megasite

    Lakeland officials hear what BlueOval City can mean to the area

    Lakeland’s Economic Development Commission gets an overview of expected impact of the Haywood County project that is generating 32,900 construction jobs to build the megasite, and about 6,000 net new jobs for the site’s assembly facility, battery plant and recycling facility.

    By Michael Waddell June 24, 2022
  • Business

    Robertson to step down as head of Greater Memphis Chamber

    Ted Townsend will replace Robertson, the Chamber’s first Black president and CEO.

    By Neil Strebig June 24, 2022
  • Business

    Former Memphis chemical plant employee awarded more than $11M in discrimination case

    Victor Boddie, a mechanic, sued his former employer, The Chemours Company, for violating the Age Discrimination in Employment Act when they fired him in 2019. 

    By Julia Baker June 23, 2022
  • Business

    FedEx reports strong quarter as new CEO takes the reins

    The Memphis-based company recorded $24.4 billion in revenue for its fourth quarter 2022, compared to $22.6 billion it reported in the same time period in 2021. 

    By Rob Moore June 24, 2022
  • Premium Transportation & Logistics

    Record FedEx stock jump had help from New York investor

    D. E. Shaw & Co. is known for its activist investing, including its role in Exxon Mobil Corp.’s decision to add to its board and make $6 billion worth of cost savings changes. 

    By Rob Moore June 23, 2022
  • Business

    Memphis entrepreneur and mayoral ‘right-hand man’ Pete Aviotti dies

    He was a consummate entrepreneur, in part because his hardscrabble life as the son of Italian immigrants taught him the value of hustle.

    By Jane Roberts June 22, 2022
  • Real Estate

    Proposed Pinch Development looks to heights just shy of 100 N. Main

    Buildings as tall as 100 North Main would be allowed in the Pinch District after a 5-1 vote by the Memphis and Shelby County Board of Adjustment on Wednesday.

    Related story:

    Mixed-use projects in Medical District, former Porter Junior High School site approved

    By Neil Strebig June 23, 2022
  • Real Estate

    Mixed-use projects in Medical District, former Porter Junior High School site approved

    The Board of Adjustment approved plans for a 49-unit apartment building in the Medical District along with plans at the historic Greyhound Station in Uptown and the former Porter Junior High School in South Memphis. 

    By Neil Strebig June 22, 2022

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