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Business

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  • Ford Megasite
  • Real Estate

    Fogelman growing holdings outside Atlanta

    Since 2003, the Fogelman-DRA partnership has purchased 34 apartment communities totaling more than 11,000 units, with an aggregate value of more than $1.5 billion.

    By The Daily Memphian Staff April 29, 2021
  • Health Care

    Economy recovering, but it won’t look the same, experts say

    The pandemic will need to end before businesses shift gears to full recovery mode, according to Douglas Scarboro, regional executive with the Memphis Branch of the Federal Reserve Bank of St. Louis, who said, “July 1 seems like a key revaluation point.”

    By Jane Roberts April 30, 2021
  • Update Transportation & Logistics

    Plains All American mounting fight against revised city ordinance

    Plains All American Pipeline is launching a full-on offensive against the proposed legislation with the help of organizations that support the oil and gas industry. 

    Related story:

    Existing pipeline makes Byhalia Connection unneeded, environmental groups say

    By Blake Fontenay April 29, 2021
  • Transportation & Logistics

    Existing pipeline makes Byhalia Connection unneeded, environmental groups say

    Environmental groups are asking the state to reconsider a permit for the proposed Byhalia Connection oil pipeline because they say an existing pipeline could serve the same purpose.

    Related Story:

    Plains All American mounting fight against revised city ordinance

    By Blake Fontenay April 30, 2021
  • Business

    International Paper reports strong quarterly results in spite of COVID, bad weather

    Bad weather and COVID-19 notwithstanding, Memphis-based International Paper outperformed analysts’ expectations in the first quarter of this year. Strong demand for e-commerce has helped boost financial numbers for the producer of industrial packaging.

    By Blake Fontenay April 29, 2021
  • Real Estate

    Board approves zoning exceptions for Orleans Station

    The Board of Adjustment approved zoning exceptions for the nearly 10-acre, mixed-use Orleans Station on the campus of the University of Tennessee Health Science Center. Other cases included the rejection of illegal business signs on Summer and a compromise for a nonconforming hotel sign on Lamar.

    By Tom Bailey April 28, 2021
  • Real Estate

    Midtown’s Lululemon Pop Up store closes

    The Lululemon Pop Up store in Midtown, which opened last year as the pandemic spread, has closed.

    By Tom Bailey April 28, 2021
  • Real Estate

    Former Heinz warehouse, Linda Lou store could become housing, ‘makerspace’

    Two building owners are asking for variances so they can offer boarding rooms or apartments in areas zoned for employment.

    By Tom Bailey April 28, 2021
  • Real Estate

    Businesses worry pipeline ordinance would have ‘unintended consequences’

    Some business leaders are expressing concern that an ordinance intended to block the controversial Byhalia Connection oil pipeline could hinder their businesses and hurt economic recruitment efforts in the city.

    Related story:

    Byhalia Pipeline spokesman says group interested in talking

    By Blake Fontenay April 28, 2021
  • Real Estate

    Longtime owner Russell Gwatney closes his last area new car dealership

    For the first time in 33 years, no new car dealerships named “Gwatney” are operating in Memphis. 

    By Tom Bailey April 28, 2021
  • Spirit of Memphis

    St. Jude plans $11.5B investment, 1,400 new jobs

    St. Jude Children’s Research Hospital is launching its largest strategic investment in its nearly six decades in Memphis. 

    By Jane Roberts April 27, 2021
  • Health Care

    Average age of those hospitalized for COVID falls dramatically

    Most people currently hospitalized for coronavirus in Memphis are 30-55 years old and many have no underlying health conditions — a big shift from late March when the average patient’s age was mid-70s.

    By Jane Roberts April 27, 2021
  • Health Care

    2021 Live! Memphis Breast Health Summit is Saturday

    Keynote speaker is Dr. Jacqueline Walters of Bravo TV’s series, “Married to Medicine.” The event is free.

    By The Daily Memphian Staff April 26, 2021
  • Business

    Local retailers pivot to embrace online sales

    But retailers also sense customers are hungry to get out to see, touch and feel products and enjoy the live shopping experience again. 

    By Christin Yates April 26, 2021
  • Premium Memphis Grizzlies

    As Ja Morant’s stardom grows, so does Grizzlies’ marketing in China

    A strong social media presence — and a Chinese actress/superfan named Yang Zhiying — fuel the Memphis NBA team’s surging popularity in the world’s biggest market.

    By Drew Hill April 26, 2021
  • Financial Services

    BancorpSouth, Cadence merger will add scale, recruiting power in Memphis

    BancorpSouth shareholders will own roughly 55% and Cadence shareholders will own approximately 45% of the combined company.

    By Christin Yates April 25, 2021
  • Premium Business

    ‘Tony the Transformer’ bids Terminix farewell

    Tony DiLucente retired from Terminix last month after quietly providing leadership during one of the most eventful periods in the history of the company formerly known as ServiceMaster.

    By Blake Fontenay April 26, 2021
  • Premium Real Estate

    First 0-energy, 0-carbon house is still cOzy inside

    The Yoakums’ new house creates more electricity than it consumes. And it’s uber-chic, complete with a pneumatic elevator tube. Plus, the home stays snug in the winter and just as comfortable in the summer.

    By Tom Bailey April 25, 2021
  • Spirit of Memphis

    CHF House takes in first long-term family in need

    The Watts became a St. Jude family in 2018 when their daughter, now 4 years old, was diagnosed with brain cancer.

    By Christin Yates April 24, 2021
  • Real Estate

    200 yards of trees below Martyrs Park cut without permission, official says

    On a Wednesday afternoon, March 10, someone without permission cut down scores of trees on the publicly owned Mississippi River bank below Martyrs Park, a parks official says.

    By Tom Bailey April 22, 2021
  • Business

    Memphis house rakes in awards in fight against climate change

    Earth Day honor: Two of the most meaningful awards and certifications in the battle against climate change were announced Thursday for a Harbor Town house.

    By Tom Bailey April 22, 2021
  • Premium Business

    ALSAC buys half-acre from Uptown’s St. Stephen church

    ALSAC is further expanding St. Jude Children’s Research Hospital’s campus at the seam of Uptown and the Pinch District.

    By Tom Bailey April 22, 2021
  • Business

    Amazon confirms two new Memphis-area facilities

    Amazon confirms plans to build two more facilities in the Memphis area, one in Frayser/Raleigh and the other in Byhalia, Mississippi.

    By Tom Bailey April 22, 2021
  • Premium East Memphis

    Sultan of swat: East Memphis artist invents better flyswatter

    Kim Willson is an artist and entrepreneur who grew frustrated swatting at and missing flies with the traditional flyswatter. She invented Taddy Smack, a blend of whimsy and physics that may give a positive meaning to “one-hit wonder.”

    By Tom Bailey April 22, 2021
  • Real Estate

    Sylvamo focused on Memphis for its global headquarters

    Executives of the printing paper-making company that is spinning off from International Paper expect to decide by October where to put their global headquarters.

    By Tom Bailey April 21, 2021

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