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Business

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  • Financial Services

    Maker of biodegradable utensils and straws gets Memphis boost

    A Georgia producer of biodegradable plastics proposes to merge with a blank check company led by Memphis businessman Gary Wunderlich to go public and meet growing demand for eco-friendly plastic.

    By Wayne Risher October 05, 2020
  • Transportation & Logistics

    FedEx ramps up for COVID-19 vaccine distribution

    FedEx is hiring, buying freezers and working with pharmaceutical companies to plan a massive distribution effort for the coronavirus vaccine, in which Memphis is expected to play a crucial role.

    By Wayne Risher November 12, 2020
  • Podcast Business

    Gibson outlines ‘front-loaded’ redevelopment plan for South Memphis

    Business leader and developer J.W. Gibson talks about the South Memphis TIF taking in Soulsville, LeMoyne-Owen College and the old Metro Plaza on The Daily Memphian Politics Podcast.

    By Bill Dries October 04, 2020
  • Real Estate

    DMC’s effort to fill shop spaces wins international award

    The “Open on Main” initiative has won a Pinnacle Award from the International Downtown Association. 

    By Tom Bailey October 05, 2020
  • Business

    Opinion: Lake District takes shape, provides optimism for its future

    With the construction of new buildings, touting of townhomes and the layout of streets, The Lake District is taking shape after a few delays.

    By Clay Bailey October 02, 2020
  • Premium Business

    New CEO continues Indigo Ag’s commitment to Memphis headquarters

    Ron Hovsepian didn’t bring Indigo Ag’s big North American commercial headquarters to Memphis, but he’s already spoken with the mayor and governor to reaffirm the startup’s “enthusiasm” for the city.

    By Tom Bailey October 02, 2020
  • Financial Services

    Deposits in Memphis banks soar 23% from a year ago

    Federal Paycheck Protection Program and a flight to cash cited as reasons for dramatic increase in local bank deposits. 

    By Christin Yates October 02, 2020
  • Real Estate

    Kemmons Wilson Companies unveils Downtown headquarters design

    The design by LRK Architects for adaptive reuse of the historic warehouse that once housed Spaghetti Warehouse adds a prominent front porch, monumental glass entry and lots of windows.

    By Tom Bailey October 01, 2020
  • Business

    ServiceMaster completes sale, becomes Terminix

    Memphis-based ServiceMaster has completed a $1.55 billion sale of its non-pest control brands. 

    Related story: 
    “ServiceMaster CEO new to bug biz, but service industry pro”

    By Wayne Risher October 01, 2020
  • Business

    ServiceMaster CEO new to bug biz, but service industry pro

    Brett Ponton has led tire and muffler, transmission repair and quick oil change chains the last 11 years. ServiceMaster/Terminix is betting killing bugs is all about customer service, too.

    By Wayne Risher October 01, 2020
  • Spirit of Memphis

    Hub of Memphis outdoors activities created for visitors, residents

    Memphis Tourism measured a 40% increase in likely Memphis visitors who report being interested in “adventurous outdoor activities” since the pandemic hit.

    By Christin Yates October 01, 2020
  • Real Estate

    Historic-district status sought for Crosstown

    Residents propose the Crosstown Historic District as a way to protect the character of the 12-block area. 

    By Tom Bailey September 30, 2020
  • Transportation & Logistics

    FedEx, churches team up on employee shuttles

    A faith-based solution for Memphians who don’t have transportation to jobs: FedEx Express partners with churches on shuttle buses during peak season at Memphis world hub.

    By Wayne Risher September 30, 2020
  • Real Estate

    New plan calls for demolishing all of historic Nylon Net Building

    Carlisle Development had planned to preserve the most ornate part of the historic 7 Vance building as part of a plan to build 200-plus apartments there. 

    By Tom Bailey September 30, 2020
  • Premium Real Estate

    Turner Dairy seeks exceptions for storage, trailer parking

    Part of Turner Dairy’s plant site next to Overton Square is not zoned for trailer parking or materials storage. So the dairy is seeking zoning variances from the Board of Adjustment.

    By Tom Bailey September 30, 2020
  • Business

    How Memphis construction and development continue during the pandemic

    Leaders of three key Memphis developments - the Fairgrounds, Poplar Plaza, and South City - talk about the scope and status of their projects.

    By The Daily Memphian Staff October 15, 2020
  • Transportation & Logistics

    FedEx increasing pay, adding shuttles to meet hub demand

    Shuttle buses and a pay premium are among FedEx’s plans to adequately staff the FedEx Express world hub in Memphis for upcoming holiday peak season and COVID-19 vaccine distribution.

    By Wayne Risher September 30, 2020
  • Business

    County expands close-contact grant program to all beauty professionals

    Owners are still eligible for $2,000 under the original program.

    By Jane Roberts September 29, 2020
  • Business

    U of M opens more classes, expects 3,700 students back on Monday

    Classes that were approved to start in mid-September among those being invited back.

    By Jane Roberts September 29, 2020
  • Business

    Community-development funder opens Memphis office

    Kathy Moore Cowan is executive director of the new Memphis office opened by Local Initiatives Support Corp., which has invested $22 billion to build or rehab affordable housing and develop retail, community and educational space. 

    By Tom Bailey September 29, 2020
  • Real Estate

    Church sells land on prominent East Memphis corner

    The Third Church of Christ, Scientist, which anchors a corner at Central and Highland, has sold its property for $3.3 million.

    By Tom Bailey September 29, 2020
  • Transportation & Logistics

    FedEx completing ramp expansion in time for peak season

    As FedEx prepares for another record holiday peak season and COVID-19 vaccine distribution, more parking space for cargo aircraft is coming online at its Memphis world hub.

    By Wayne Risher September 30, 2020
  • Business

    Robertson discusses new role at Saks Fifth Avenue

    In her new role, Memphian Lori Spicer Robertson says she will have the opportunity to transform and touch people differently than what is possible in other positions.

    By Christin Yates September 28, 2020
  • Business

    Boats, booze and Fido: Some businesses are winning despite COVID

    Some Memphis small businesses are doing well, even growing, during the COVID-19 pandemic: A look at Memphis Boat Center, Hollywood Feed, Phoenix Communications, Kirby Wines & Liquor, Crone Construction.

    By Wayne Risher September 28, 2020
  • Real Estate

    Our City, Our Story: MIFA hosts acclaimed sociologist who shows that evictions deepen poverty

    MIFA has organized a “community conversation” on evictions in Memphis. The organization is encouraging everyone to read “Evicted,” and to register for the Our City, Our Story online event at mifa.org.

    By Tom Bailey January 21, 2021

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