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Business

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  • Business

    Frayser barber close to realizing dream of opening own shop

    Carnell Vann has spent the past 10 years trying to open a barbershop in his Frayser neighborhood. Now he's close to realizing his dream.

    By Omer Yusuf July 11, 2019
  • Business

    Adams returns to practice, focuses on Memphis after 21 years as Baker Donelson CEO

    After 21 years leading one of the 60 largest law firms in the country, Baker Donelson chairman and CEO Ben C. Adams is taking more time to focus on his practice and serve his hometown. 

    By Michelle Corbet July 11, 2019
  • Real Estate

    Midtown pasta maker secures loan for former Fuel Cafe space

    The canopy of the former gas station that most recently housed Fuel Cafe is one stop closer to being closed in to increase seating capacity for a new homemade pasta and pizza restaurant. 

    By Michelle Corbet July 10, 2019
  • Real Estate

    Planners oppose putting parking in front of Downtown hotel

    The Land Use Control Board will consider developer Nitinkumar Patel's request this week to build a Holiday Inn Express & Suites at 235 Union.

    By Tom Bailey July 10, 2019
  • Movers and Shakers

    Movers & Shakers

    Dr. Glen Steele, Southern College of Optometry’s longest-serving faculty member and a co-founder of InfantSEE, has been inducted into the National Optometry Hall of Fame.

    By The Daily Memphian Staff July 10, 2019
  • Business

    Midtown PR agency recognized as Facebook Marketing Partner

    Harrison Edwards riding distinction as a Facebook Marketing Partner.

    By Christin Yates July 10, 2019
  • Real Estate

    Fred’s sells Memphis headquarters property to Olymbec USA

    Financially troubled discount retailer Fred's Inc. has sold its 57-acre complex of industrial, office and retail space to a Canadian-based real estate company that is bullish on Memphis.

    By Tom Bailey July 12, 2019
  • Real Estate

    Larger headquarters feeds big goals for Mid-South Food Bank

    Mid-South Food Bank helps an average of 200,000, food-insecure Mid-Southerners each year, but now plans to assist more people with its new, larger headquarters in Southeast Memphis.

    By Tom Bailey July 09, 2019
  • Health Care

    Memphis-based drug delivery implant startup launches crowdfunding offering

    A biodegradable drug delivery implant startup based in Memphis has launched a private placement investment offering through MicroVentures. 

    By Michelle Corbet July 09, 2019
  • Business

    Automation technology in WMC-TV newscasts should be ‘seamless’ for viewers

    Six months after becoming part of Gray Television, WMC-TV has added more automation technology to its newscasts, displacing an undisclosed number of employees.

    By Wayne Risher July 08, 2019
  • Business

    Fred’s amends forbearance agreement a second time

    Memphis-based discount retailer Fred’s Inc. has amended a forbearance agreement with its lenders again.

    By The Daily Memphian Staff July 12, 2019
  • Business

    Sedgwick strikes deal to buy New Jersey-based York Risk Services

    Memphis-based Sedgwick, provider of claims and risk management services, announced an agreement to buy York Risk Services Group, a New Jersey company with nearly 5,000 employees and 60 offices.

    By Wayne Risher July 08, 2019
  • Business

    Former FedEx insider says separate operations don’t make sense

    Analysts and a shipping industry consultant dissect FedEx Corp.'s longtime mantra of "operate independently, compete collectively" in view of flagship FedEx Express unit's recent difficulties.

    By Wayne Risher July 08, 2019
  • Real Estate

    Eastgate Shopping Center to undergo renovation

    The space Burlington Coat Factory vacated, plus the T.J. Maxx store, will undergo a $2 million renovation.

    By Tom Bailey July 08, 2019
  • Business

    Downtown businesses trade rent for mortgage payments

    Established Downtown Memphis businesses trade monthly rent for mortgage payments instead. 

    By Michelle Corbet July 08, 2019
  • Business

    Chamber initiative asks companies to disrupt out-of-town relationships

    The Greater Memphis Chamber wants local companies to intentionally disrupt out-of-town relationships by bringing outside vendor contracts back to Memphis. 

    By Michelle Corbet July 08, 2019
  • Business

    Use caution with timeshare relief companies

    People desperate to unload their timeshares are vulnerable to timeshare relief firms that offer to sell their property for an upfront fee. The firm collects the fee but never delivers the service.

    By Randy Hutchinson July 07, 2019
  • Business

    ProTech Systems rebrands in new ownership era

    ProTech Systems Group has a new but familiar leader, along with updated branding to symbolize the change.

    By Jane Roberts July 06, 2019
  • Real Estate

    Farmers market regular plans to open pasta, pizza restaurant in Midtown

    The vacant Fuel Cafe on Madison could be renovated into a new pizza and pasta restaurant by a local grower who sells handmade pastas at local farmers markets. 

    By Michelle Corbet, Elle Perry July 06, 2019
  • Real Estate

    Grimes Memorial church, mural will be demolished

    Three potential tenants are talking with the new owner of the former Grimes Memorial UM Church property for a ground lease. The building and its well-known mural will be demolished.

    By Tom Bailey July 06, 2019
  • Business

    River Parks Partnership plans redo of Memphis Park

    Memphis River Parks Partnership wants to make Memphis Park into a community gathering place Downtown with shaded dining area and easy access to other amenities.

    By Jane Roberts July 06, 2019
  • Real Estate

    Jun Lee Trading Co. moving after three decades

    After 32 years at the same location, Jun Lee Trading Co. will move farther east on Summer Avenue.

    By Tom Bailey July 06, 2019
  • Business

    Local nonprofit job site only accepting posts paying $15 an hour

    A Memphis organization that helps nonprofits improve their efficiency and reach is no longer accepting job posts for less than $15 an hour.

    By Jane Roberts July 06, 2019
  • Business

    AmeriCorps funding coming to Memphis organizations

    Memphis organizations will get more than $2 million in grant money from the Corporation for National and Community Service to support the work of AmeriCorps members.

    By Elle Perry July 05, 2019
  • Business

    Daily Memphian adds 4 journalists to staff

    Drew Hill, Linda A. Moore, Jane Roberts and Mark Weber have joined The Daily Memphian staff.

    By The Daily Memphian Staff July 06, 2019

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