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Business

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  • Business

    International Paper reports 4th-quarter earnings, full year 2021

    International Paper reported fourth-quarter earnings of $.78 per share. Wall Street analysts expected $.87 per share. 

    By Rob Moore January 28, 2022
  • Real Estate

    New Downtown grocery store could open in March

    South Point Grocery plans to open one block from Central Station at 136 Webster Ave., the site of the former Liberty Cash Grocers.

    By Rob Moore January 28, 2022
  • Business

    State identifies $62 billion in infrastructure needs

    Republican state senators question whether everything on the list is truly needed.

    By Ian Round January 27, 2022
  • Business

    Butler Row project secures maximum density increase

    In its report, Board of Adjustment staff referred to the project as “exemplar of urban design.”

    By Rob Moore January 26, 2022
  • Downtown

    Board votes against ALSAC parking garage in Uptown

    The proposed seven-story parking garage on the north side of A.W. Willis between North Third and Fourth streets would have been designated for ALSAC-St. Jude employees.

    By Julia Baker January 26, 2022
  • Business

    Joe Birch to receive Communicator of the Year Award

    The Memphis Chapter of the Public Relations Society of America will honor Birch and his more than 40 years of service at the ceremony Thursday, Jan. 27, via Zoom.

    By Christin Yates January 26, 2022
  • Premium Real Estate

    Inked: New trolley stop for the Downtown Mobility Center; Fogelman buys another Memphis property

    “The new trolley stop will complete the mission of the Downtown Mobility Center by bringing key transportation means together at one site in Downtown Memphis.”

    By Rob Moore January 26, 2022
  • Food News

    Popular restaurant takes over Blue Plate space

    An established group of restaurateurs will take over the recently vacated Blue Plate Café location in East Memphis.

    By Jennifer Biggs January 26, 2022
  • Business

    Resort-style development moves forward at Colonial Country Club

    Spanning 170 acres, The Legacy at Colonial will include a residential neighborhood, a senior living campus, office space, retail space and a hotel. 

    By Rob Moore January 26, 2022
  • Business

    Bluff City Biz: Quite the week with Kevin Woods

    Kevin Woods, the Memphis market president for BlueCross BlueShield of Tennessee, has had a big week.

    By Rob Moore January 24, 2022
  • Real Estate

    Woods, Orgel, DMC’s Paul Young discuss future of 100 N. Main

    Left vacant since 2014, Memphis’ tallest building is set to undergo a $267 million renovation. 

    By Rob Moore January 24, 2022
  • Health Care

    Facing nurse burnout, hospital adds ‘Compassion Fatigue Room’

    A calming environment provides nurses and other health care workers a quiet place to take a break during emotionally stressful shifts. 

    By Christin Yates January 24, 2022
  • Health Care

    New UTHSC chancellor ready to immerse in ‘uniqueness’ of Memphis

    Dr. Peter Buckley joins the University of Tennessee Health Sciences Center from Virginia Commonwealth University.

    By Christin Yates January 23, 2022
  • Business

    Tax breaks helped lure Walmart fulfillment center to Olive Branch

    The company signed on for the Advantage Jobs rebate program offered by the state of Mississippi, and Olive Branch officials expect to offer a tax incentive, too.

    By Toni Lepeska January 23, 2022
  • Business

    Whitehaven businesses to receive funding for exterior improvements

    The $40,000 2022 Small Business Exterior Improvement Grant Fund, supported by the Memphis City Council Community Grant Program, will match up to $5,000 for commercial property owners in Whitehaven, allowing them to make high-quality exterior improvements to their buildings.

    By Julia Baker January 25, 2022
  • Transportation & Logistics

    Memphis airport ‘not impacted’ by 5G interference

    But FedEx World Hub could be affected, Memphis-Shelby County Airport Authority officials said.

    By Jasmine McCraven January 21, 2022
  • Transportation & Logistics

    ‘B’ the change: Airport to open modernized concourse next month

    The project included much-needed seismic upgrades as well as a redesign that added more natural lighting, wider corridors, larger gate areas and higher ceilings. 

    By Jasmine McCraven January 20, 2022
  • Downtown

    Billy Orgel, Kevin Woods team to invest $267M in redeveloping 100 N. Main

    Orgel has had success in recent years with similar adaptive reuse projects like the Tennessee Brewery on South Bluffs and the American Snuff building in Uptown. 

    By Rob Moore January 20, 2022
  • Real Estate

    Furniture store brings new life to shuttered Macy’s

    A family-owned furniture business will take over the 135,000-square-foot space at Carriage Crossing formerly occupied by Macy’s.

    By Abigail Warren January 24, 2022
  • Real Estate

    Carrefour sold to prominent local developers; mixed-use project to move forward

    The new ownership group was initially interested in working with the former owners on the multifamily part of a planned mixed-use redevelopment but ultimately made an offer for the entire property. 

    By Abigail Warren January 19, 2022
  • Business

    New barbecue restaurant to open in The Lake District

    The restaurant will be located on a site where Malco once considered building a theater.

    By Michael Waddell January 19, 2022
  • Premium Real Estate

    Art of the deal: Buyer deftly times purchase of 47 acres

    “It’s amazing that almost every commercial real estate developer has driven by this site for years, but nobody looked underneath the hood,” broker Barry Maynard said.

    By Tom Bailey January 18, 2022
  • Business

    New York-based firm could invest $112.5M in former Nike facility

    According to a term sheet related from EDGE, Memphis would become home to three manufacturing lines running multiple shifts with capacity to annually produce approximately 22,500 containers and 30,000 chassis. 

    By Rob Moore January 17, 2022
  • Business

    Bluff City Biz: The Gold Standard of activated sidewalks with Tom Bailey

    A veteran business reporter with decades of experience covering development in the Mid-South, Tom Bailey knows that busy, activated sidewalks are key to urban vibrancy. 

    By Rob Moore January 17, 2022
  • Financial Services

    Pay raises for corrections workers part of crime fight, Lee Harris says

    Shelby County Mayor Lee Harris said the raises approved this month for 200 corrections center guards are being funded in part by fees the Justice Department is paying the county as it closes down a privately run federal prison. And he said more raises and bonuses are coming for others.

    By Bill Dries January 16, 2022

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