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Business

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  • South Memphis

    American Deli has a new location on Lamar Avenue

    The new location joins more than 200 American Deli locations across eight states. In Tennessee, this will bring the number of American Deli locations to 11.

    By Sophia Surrett July 19, 2023
  • Exclusive Financial Services

    First Horizon CFO says strong earnings day should reassure clients and investors

    Despite potential uncertainty following the dissolution of a $13.4 billion merger with TD, First Horizon says it pulled in 32,000 new-to-bank clients during the quarter, bringing $3.5 billion in deposit balances. 

    By Rob Moore July 20, 2023
  • Business

    County re-entry office offering paid training program

    Formerly incarcerated people can learn job skills while earning money through a Shelby County Office of Re-Entry program called Focused.

    By Aarron Fleming July 19, 2023
  • Transportation & Logistics

    FedEx lays off small team, closes Indianapolis facility

    “Decisions of this nature are never made lightly and are the result of much thought and consideration for the needs of our business,” FedEx said in a confirmation email to The Daily Memphian.

    By Rob Moore July 19, 2023
  • Premium Business

    Inked: $2.5M for Millington airport, 48 S. McLean Blvd. project moves forward

    When the Federal Aviation Administration announced in March it would invest $14.8 million into upgrades at Memphis International Airport, the agency also announced it would grant Millington’s airport $1 million toward the new terminal. 

    By Rob Moore July 19, 2023
  • Movers and Shakers

    Movers & Shakers

    KPMG, Tioga Environmental Consultants and Red Door Wealth Management announce new additions.

    By The Daily Memphian Staff July 22, 2023
  • Premium Transportation & Logistics

    New FedEx CFO will earn an annual salary of $919,000

    In addition to his salary, FedEx announced Monday that Dietrich will receive a signing bonus of $200,000, which will be paid in two installments.

    Related story:

    FedEx names new CFO and EVP, announces shifts in its finance team

    By Rob Moore July 17, 2023
  • Transportation & Logistics

    FedEx names new CFO and EVP, announces shifts in its finance team

    The Memphis-based company announced Monday, July 17, its hiring of John W. Dietrich to the role, which will be vacated by CFO Michael C. Lenz on July 31.

    Related story:

    New FedEx CFO will earn an annual salary of $919,000

    By Rob Moore July 17, 2023
  • Business

    Jersey Mike’s opens a new location in Memphis

    The grand opening will be accompanied by a five-day fundraiser from July 19 to 23 for the Saving Lost Kids non-profit organization.

    By Sophia Surrett July 17, 2023
  • Premium South Memphis

    Local beauty brand makes mark on Whitehaven

    “I decided I was gonna sell some lipstick,” Angelita Parham recalls. “I put them on Facebook and, honey, they sold out in the first day.”

    By Beth Sullivan July 16, 2023
  • Food News

    Peach Cobbler Factory opens second Memphis location

    In Tennessee, the Peach Cobbler Factory has 17 new locations planned, which will bring the number of venues in the state to 20. 

    By Sophia Surrett July 19, 2023
  • Education

    College grads question future after Supreme Court nixes loan relief

    Three Memphis college graduates discuss facing the possibility of no student loan forgiveness and how it could affect their future long term. 

    By Alicia Davidson July 16, 2023
  • Business

    Greater Memphis Chamber travels to New York, shares Bluff City’s story

    Chamber leadership met with media representatives in the Big Apple to discuss Memphis’ robust economic development pipeline, as well as the area’s workforce diversity.

    By Rob Moore July 16, 2023
  • Premium Downtown

    Burgeoning Mississippi riverboat industry faces more drought, flooding

    As demand for overnight river cruises on the Mississippi increases, the industry also faces increasing climate threats. Recent years have seen wild swings between heavy rainfall and severe drought, making the river tougher to navigate.

    By Keely Brewer July 16, 2023
  • Food News

    Memphis distillery adds tasting room to attract tourists and locals

    A new tasting room hopes to put New Chicago on the map.

    By Matthew Fite July 17, 2023
  • Health Care

    FDA approves Opill, first birth control pill that won’t require prescription

    The manufacturer expects it will be on grocery and convenience store shelves in early 2024. Price, a critical factor, has not been announced. 

    By Jane Roberts July 14, 2023
  • Premium Downtown

    With cruises bringing affluent travelers to town, Memphis looks to the river

    With the return of river travel, three companies are currently offering overnight cruises on the Mississippi while nearby cities look to cash in. 

    By Keely Brewer July 15, 2023
  • Real Estate

    Owner prepares sale of Eastgate Shopping Center’s office buildings

    An affiliate of Gulf Coast Commercial Management, 210 Development bought the 450,000-square-foot office and retail center in 2022 for $49.1 million. 

    By Rob Moore July 13, 2023
  • Public Safety

    Physician community shocked into silence over Mauck slaying

    “To see a guy in the peak of his career be taken out like that is so tragic,” said Dr. Dan Fletcher, one of nine orthopedic hand surgeons in the city and a longtime colleague to Dr. Ben Mauck. 

    Related story:

    Man charged in Campbell Clinic shooting

    By Jane Roberts July 13, 2023
  • Arts & Culture

    Paper & Clay to close retail shop in late August

    Since opening in 2013, owner Brit McDaniel says the success of Paper & Clay has taken her away from the craft, and she wants to get back to creating unique and personalized ceramics for customers.

    By Sophia Surrett July 12, 2023
  • Premium Real Estate

    Inked: Crump Firm expands, St. Mary’s renovation moves forward

    The Crump Firm is expanding its presence in East Memphis at the Crescent Center. St. Mary’s Episcopal Cathedral moves forward with a $1.4 million renovation project. 

    By Rob Moore July 12, 2023
  • Movers and Shakers

    Movers & Shakers

    Campfire Collective, Hemline Tailored Brand Strategies, Harwood Center and Reaves Law Firm announce new additions. 

    By The Daily Memphian Staff July 15, 2023
  • Real Estate

    June home sales down 12.6% from 2022

    Although total home sales have decreased from last year, June sales rose 43.3% over May’s sales.

    By Sophia Surrett July 12, 2023
  • Transportation & Logistics

    Southwest launches Memphis-Washington D.C. nonstop service

    The airline’s other Memphis destinations are Atlanta, Baltimore, Chicago, Dallas, Denver, Houston, Orlando and Phoenix.

    By Rob Moore July 11, 2023
  • Real Estate

    Developers of historic South Main Masonic building seek new incentives

    In 2022, AOD Properties was awarded a $60,000 Exterior Improvement Grant from the Downtown Memphis Commission to renovate the building at 154 G.E. Patterson Ave. 

    By Rob Moore July 10, 2023

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