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Business

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  • Food News

    With exchange program, Cxffeeblack is taking baristas to coffee’s African roots

    Memphis coffee trailblazers Cxffeeblack are returning to the brew’s African origins and taking others with them through their new Barista Exchange Program.

    By Christin Yates September 22, 2023
  • Business

    Airport Authority approves CEO contract, increased parking rates

    The board approved increasing parking lot rates to fund the parking enhancement program, estimated to cost $8 to $10 million.

    By Sophia Surrett September 21, 2023
  • Business

    Outdoors Inc. closing Midtown store after 35 years

    “We started in 1974 and we’re looking forward to celebrating our 50th anniversary in January — looking forward, not looking back,” Outdoors Inc. owner Joe Royer said. 

    By Aisling Mäki September 21, 2023
  • Real Estate

    Sterick Building could include ‘micro-retail,’ co-working space

    The developer expects 18 months of architectural work before breaking ground. The renovated building could also include up to 260 multifamily units and hotel space. 

    By Rob Moore September 21, 2023
  • Music

    International firm hired to measure Memphis music’s economic impact

    Part of Sound Diplomacy’s work over the next year will include an online map of the city’s “music ecosystem,” including teachers, school programs, church choirs, venues, festivals and music publishing.

    By Bill Dries October 06, 2023
  • Real Estate

    LeSaint, Medtronic granted amended tax incentives

    The Economic Development and Growth Engine of Memphis & Shelby County approved two amended tax incentive plans for LaSaint Logistics and Medtronic Logistics with partner CEVA Logistics. 

    By Aisling Mäki September 21, 2023
  • Metro

    Kontji Anthony returns to TV

    Anthony’s show will focus on positive things happening in the region and ways residents can make their lives better, said Fran McRae, WREG vice president and general manager.

    By Jane Roberts September 20, 2023
  • Transportation & Logistics

    Billions in cost-cutting initiatives helped FedEx improve earnings

    The company’s net income was $1.08 billion, compared to the $875 million it reported in 2023. 

    By Rob Moore September 20, 2023
  • Transportation & Logistics

    AutoZone announces fourth quarter sales growth; leadership changes

    The Memphis-based automotive parts retailer reported $17.5 billion in sales for the year, an increase of 7.4% from the previous year. 

    By Aisling Mäki September 20, 2023
  • Premium Real Estate

    Inked: Tomorrow Building updates, Demolition planned for Union Station

    The development team behind Union Station intends to move forward with demolition of the existing building and two garages on the property. 

    By Rob Moore September 20, 2023
  • Movers and Shakers

    Movers & Shakers

    Obsidian Public Relations, Methodist Le Bonheur Healthcare and Overton Park Shell announce promotions and additions. 

    By The Daily Memphian Staff September 20, 2023
  • Business

    International Paper fully divests Russian interests

    The Memphis-based company first announced in January it would sell its remaining interest to its joint venture partners for $484 million. 

    By Rob Moore September 19, 2023
  • Collierville

    Campbell Clinic seeks retention PILOT in Collierville

    As part of the payment-in-lieu of taxes application, Campbell Clinic plans to retain 48 jobs and add 22 new jobs. Those positions have a $53,000 annual median wage, but an average wage of $112,732.

    By Abigail Warren September 18, 2023
  • Health Care

    Medtronic may invest more than $133 million to develop a new facility in Memphis

    Medtronic is evaluating consolidation of its six U.S. distribution centers into two facilities. One of these two facilities would be located in the Mid-South area.

    By Rob Moore September 18, 2023
  • Downtown

    Central Station Hotel opens new ‘Rock and Soul’ event space

    The event space is available for use, but finishing touches — including an air wall, artwork and drapery — will be added by Oct. 1.

    By Sophia Surrett September 17, 2023
  • Health Care

    Dr. Freeman brought advances in ophthalmology with love of big ideas

    Freeman opened Memphis Eye & Cataract Associates in 1981. It was the first freestanding, outpatient, surgical facility in the state, said Dr. Tom Gettelfinger, Freeman’s longtime partner.

    By Jane Roberts September 16, 2023
  • Health Care

    Memphis breaks ground on $34 million mental health crisis center

    Dignitaries including Gov. Bill Lee were present as Alliance Healthcare Services celebrated a facility being built in Binghampton that will cover behavioral health, addiction, and walk-in help for children and families. 

    By Aisling Mäki September 18, 2023
  • North Mississippi

    OSB Services relocates headquarters to Olive Branch

    OSB Services is relocating its headquarters to Olive Branch, an event that drew Gov. Tate Reeves to DeSoto County Friday for the groundbreaking.

    By Beth Sullivan September 15, 2023
  • Lakeland

    Lakeland approves schools headquarters, residential project

    Plans for a new Lakeland School System administration building receive endorsement from suburb’s planning and design review commission. The Equestria residential project also gets nod of approval.

    By Michael Waddell September 16, 2023
  • Health Care

    Wellness Festival slated for Saturday in Morris Park

    The festival will offer free blood pressure checks, vision screenings and Church Health will host an “Ask the Docs” station.

    By Aisling Mäki September 15, 2023
  • Premium Midtown

    Cultivated by community: Flower business opens Cooper-Young shop

    Midtown Bramble & Bloom’s urban micro-farm is spread across nine plots owned by different Midtown neighbors, most just a short walk from the new storefront on Young Avenue. 

    By Aisling Mäki September 15, 2023
  • Transportation & Logistics

    Latest FedEx layoffs affect ‘small percentage of IT and finance positions’

    FedEx has been battling market softness in the face of rising inflation. 

    By Rob Moore September 14, 2023
  • Health Care

    New RSV drugs could become available this cold and flu season

    RSV is transmitted through respiratory droplets when a person coughs or sneezes, or through direct contact with a contaminated surface. It typically starts during the fall and peaks in the winter. 

    By Aisling Mäki September 14, 2023
  • Real Estate

    Memphis area home sales were down this August

    August home sales in the Memphis area were down 18% compared to the same month a year ago, and year-to-date sales dropped 26%.

    By Sophia Surrett September 13, 2023
  • Food News

    New York-based Forsythia to open second location in Memphis

    The new location, a 30,000-square-foot space at 107 S. Main St., will feature four concepts. Each concept will be a smaller type of restaurant.

    By Sophia Surrett September 13, 2023

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