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Editorial Results (free)

1. Supreme Court Will Take Up New Health Law Dispute -

WASHINGTON (AP) – The Supreme Court agreed Tuesday to referee another dispute over President Barack Obama's health care law, whether businesses can use religious objections to escape a requirement to cover birth control for employees.

2. Birth Control Coverage Up for Federal Appeal -

DENVER (AP) – In the most prominent challenge of its kind, Hobby Lobby Stores Inc. is asking a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the morning-after pill.

3. Another Round -

The revitalization of Overton Square can perhaps be best summed up with a famous quote often attributed to Mark Twain: “History does not repeat itself, but it does rhyme.”

The history of the Midtown entertainment district dates back to late 1970, when T.G.I. Friday’s opened its first franchised location on Madison Avenue near Cooper Street following the passage of a referendum vote allowing liquor by the drink citywide a year prior.

4. Council Committee Mulls UDC Changes -

Memphis City Council members have worked out just about all of the questions about changes to the Unified Development Code.

The council takes up the set of proposed changes to the 18-month-old code Tuesday, July 3, at a 12:45 p.m. committee session.

5. Big-Box Vacancies Prove Hard To Fill -

The closing of big-box stores in recent years belonging to the likes of Borders Group Inc., Circuit City Inc. and others has left suburban shopping centers around the country with lots of space to fill.

6. Tying it All Together -

Two of the city’s high-profile architecture firms are behind the design enhancement of one of Memphis’ most cherished spots – Overton Square.

LRK Inc. is the architect of record for both Loeb Properties Inc.’s $20 million revitalization of the Midtown theater district and also for the city’s parking garage at Monroe Avenue and Florence Street.

7. Best Buy to Cut Costs and Close Stores -

MINNEAPOLIS (AP) – Best Buy Co. said it plans to close 50 U.S. big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came Thursday as the biggest U.S. specialty electronics retailer posted a fiscal fourth quarter loss partly due to restructuring charges.

8. Former Southaven Schnucks Leased to Superlo -

The former Schnucks supermarket building at 975 Goodman Road in the Southaven Commons shopping center has been leased to Stepherson’s Superlo Foods.

9. Former Southaven Schnucks Leased to Superlo -

The former Schnucks supermarket building at 975 Goodman Road in the Southaven Commons shopping center has been leased to Stepherson’s Superlo Foods.

10. Forecasts Point to Modest Holiday Growth -

NEW YORK (AP) – Retailers just got an early Christmas gift: Americans are expected to spend more than they did last year during the holidays.

Retail sales in November and December are expected to be up 3 percent during what is traditionally the biggest shopping period of the year, according to research firm ShopperTrak said Tuesday.

11. Endpapers -

As the market for brick-and-mortar bookstores lessens, the space that once housed big-box retailers could very well be snatched up faster than a paperback at a liquidation sale.

It was 40 years ago that the first Borders opened its doors in Ann Arbor, Mich., as one of the originators of the big-box bookseller concept. But much to local bookworms’ dismay, Borders will now be known as yet another bookseller to be defeated by the ever-increasing eReader revolution.

12. Borders' Seeks Approval to Liquidate -

There will be no storybook ending for Borders. The 40-year old book seller could start liquidating its 399 remaining stores as early as Friday.

The chain, which helped pioneer the big-box bookseller concept, is seeking court approval to liquidate its stores after it failed to receive any bids that would keep it in business. The move adds Borders to the list of retailers that failed to adapt to changing consumers' shopping habits and survive the recession, including Circuit City Stores Inc., Mervyn's and Linens 'N Things.

13. Best Buy to Shrink Big Boxes, Add Wireless Stores -

NEW YORK (AP) – Best Buy plans to open hundreds of smaller mobile stores and expand online and in China in an effort to be more competitive as consumers increasingly shop online.

The largest U.S. electronics retailer plans to shrink square footage at big-box stores by 10 percent over the next three to five years, a move that Best Buy said will eventually save it $70 million to $80 million annually.

14. Offbeat Sounds -

Already there is a German-American Day, a National Trivia Day, and the ever-popular Submarine Day.

But on Saturday, organizers of Record Store Day – a day to celebrate independent music stores and indie artists – hope to show the difference one day can make in a rapidly changing industry.

15. Retail Rebound? -

Retail sales are looking bright this year, a sign that the pendulum of consumer confidence is swinging back in the right direction.

Holiday sales are anticipated to increase a modest 3.3 percent this year – adjusted from 2.3 percent in November – according to the National Retail Federation (NRF). This year’s uptick follows 2008’s 3.9 percent decline and also tops the 10-year average holiday sales increase of 2.5 percent.

16. Weak TV, Laptop Sales Hurt Best Buy 3Q Profit -

MINNEAPOLIS (AP) – Best Buy Co.'s third-quarter net income fell more than expected as it lost sales of TVs and laptops to competitors. It also cut its full-year outlook Tuesday.

17. Where Fewer Foreclosures are Now Bad for Business -

CAPE CORAL, Fla. (AP) – Across the nation, troubled homeowners have cheered the news that some banks are slowing the foreclosure process to review questionable documents. Then there are places like Lee County, Fla., where not everyone is applauding.

18. 2009 Year In Review -

2009 was a year without a script – and plenty of improvising on the political stage.

It was supposed to be an off-election year except in Arlington and Lakeland.

2008 ended with voters in the city and county approving a series of changes to the charters of Memphis and Shelby County governments. Those changes were supposed to set a new direction for both entities, kicking into high gear in 2010 and ultimately culminating two years later.

19. CBRE Report Shows Pockets of Hope in Retail Sector -

The local retail market hasn’t been immune to the sluggish economy, but Memphis saw a couple of bright spots during the third quarter (July through October), according to the latest data from CB Richard Ellis.

20. New York Suit Exchange Doubles Jobs With New Bartlett Location -

The New York Suit Exchange recently took what some might consider a gamble when it opened another store and doubled the number of its employees.

Besides the obvious risk of investing in an expansion during a recession, it also exposed itself to cannibalization. Sales at the new store at 7980 U.S. 64 in Bartlett could have eaten away at the market share of the Downtown store at 310 Union Ave.

21. hhgregg to Hire 80 People To Fill Memphis Area Stores -

Electronics retailer Hhgregg Inc. reported Friday it is hiring 80 people to fill jobs related to store openings in Memphis and Southaven.

22. New CEO Took Reins at Best Buy on Wed. -

CHICAGO (AP) - It was September 1985 when a 24-year-old Brian Dunn knotted his skinny leather tie and set off to began a job as a sales clerk inside a small electronics store in Minnetonka, Minn., named Best Buy.

23. Eddie Bauer Files for Bankruptcy Protection -

NEW YORK (AP) - Struggling mall retailer Eddie Bauer Holdings Inc. filed for Chapter 11 bankruptcy protection on Wednesday but said a bidder already has agreed to keep the majority of its 371 stores open, honor gift cards and hold onto most employees.

24. Circuit City Seeks To Sell Brand, Web Site -

Circuit City Stores Inc. hopes to sell its brand, trademarks and e-commerce business to Systemax Inc., the same company that purchased electronics retailer CompUSA’s intellectual property when it closed in 2008.

25. Sportsman’s Warehouse Closing Local Stores -

Sportsman’s Warehouse Holdings announced this week that it will close 23 stores, including its Memphis and Southaven locations.

The Sportsman’s Warehouse Southaven store was in the Southaven Towne Center, which recently has lost other big-box retailers such as Linens ‘N Things, Circuit City and World Market.

26. Top Attorney Responds to Cohen’s Bankruptcy Queries -

Harvey Miller, a partner in the New York City-based law firm of Weil, Gotshal & Manges LLP and a man The New York Times has described as the most prominent bankruptcy lawyer in the U.S., says he thinks Congress needs to revisit the country’s bankruptcy code.

27. After 60 Years Circuit City Powers Down -

RICHMOND, Va. (AP) - What began 60 years ago as a humble television store in this sleepy Southern capital ended Sunday as Circuit City closed its doors for good – its 567 remaining U.S. stores to be left broom clean and vacant.

28. Consumer Spending Rises in Jan., Unlikely to Last -

WASHINGTON (AP) - Consumer spending rose in January after falling for a record six straight months, pushed higher by purchases of food and other nondurable items. But the increase is expected to be fleeting given all the problems facing the economy.

29. Circuit City Seeks Incentives for Wind-Down Team -

RICHMOND, Va. (AP) - Circuit City is asking a bankruptcy judge for permission to pay executives and other workers extra to stay with the company as it winds down.

The company said $4.63 million in bonuses is needed to dissuade 154 employees from leaving before what was the nation's second-largest electronics retailer closes for good.

30. Wal-Mart Reports Better-Than-Expected Q4 Earnings -

NEW YORK (AP) - Wal-Mart Stores Inc. said it's still pulling shoppers away from its main rivals and enjoying a rise in customer traffic as the world's largest retailer released better-than-expected fourth-quarter earnings Tuesday.

31. Circuit City Seeks To Auction Properties -

Electronics retailer Circuit City is heading to U.S. Bankruptcy Court to seek approval to auction its remaining properties, including 567 U.S. stores, its corporate headquarters and various distribution centers.

32. Retail Industry Loses 45,100 Jobs in January -

NEW YORK (AP) - U.S. retailers slashed 45,100 jobs in January as they keep closing stores and trying to preserve cash as consumers curtail their spending. Economists expect more pink slips will be issued in coming months amid a deteriorating economy.

33. Circuit City Ripples Go Beyond Vacancies, Layoffs -

Circuit City will finally flicker out when its last 567 stores close this year, but the bankruptcy of the nation's second-largest electronics retailer will ripple across the U.S. economy for years.

34. Duke Brings Merchandising to Wal-Mart Leadership -

LITTLE ROCK, Ark. (AP) - When he assumes the top job at Wal-Mart Stores Inc. Sunday, Mike Duke plans to keep pushing for ecological sustainability.

35. Southaven’s Towne Center Facing Tough Times -

Bad things come in threes, as the old saying goes, and that principle could easily apply to the 520,000-square-foot Southaven Towne Center, where the economic downturn has taken its toll on a trio of high-profile stores.

36. Area Unemployment Could Top 9 Percent -

The Web site that once advertised brand-name electronics for Circuit City Stores Inc. today is little more than a good-bye note.

37. Best Buy Taps President and COO Dunn as New CEO -

CHICAGO (AP) - Best Buy Co. Inc. laid out a succession plan Wednesday, saying Brian J. Dunn, its president and chief operating officer, will take over this summer as chief executive of the nation's largest consumer electronics chain.

38. Time Warner Expects $25B Charge, Loss for Year -

NEW YORK (AP) - Media company Time Warner Inc. said Wednesday that it expects a fourth-quarter charge of $25 billion to write down the value of its cable, publishing and AOL assets, leading to a loss for the year.

39. Fallout Begins After Dismal Holiday Season -

NEW YORK (AP) - The fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores expected to do the same – meaning more empty storefronts and fewer brands on store shelves.

40. Stores Using Survival Tactics, Look Past Holidays -

NEW YORK (AP) - Retailers are accelerating their use of survival tactics – slashing prices further and pulling merchandise off shelves to send to liquidators – as the number of holiday shopping days dwindles. But January and beyond look scarier for even relatively healthy merchants as the passing of the holidays give shoppers no reason at all to spend.

41. Hundreds of Local Job Cuts on the Way -

The recession is now taking a toll on Memphis’ core industries – logistics and distribution. Plano, Texas-based PFSweb Inc., which manages more than 2 million square feet of space in Memphis and Southaven, is cutting 218 local jobs after losing a lucrative contract here.

42. Best Buy Q3 Profit Sinks, Offers Staff Buyouts -

MINNEAPOLIS (AP) - Best Buy Co. Inc. , the nation's biggest consumer electronics retailer, said Tuesday that its third-quarter profit sank 77 percent as it faced dramatic changes in consumer spending.

43. US Consumer Confidence Rises in November -

Consumer confidence rose in November amid receding gasoline prices, but Americans’ views on the economy remain the gloomiest in decades as they face massive layoffs, slumping home prices and dwindling retirement funds.

44. Wal-Mart Posts Higher Q3 Profit, But Cuts Outlook -

NEW YORK (AP) – Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit Thursday but trimmed its profit outlook because of the troubled global economy and the renewed strength of the dollar.

45. Retailers With Strong Local Ties Report Losses -

More signs of economic woe appeared Wednesday with news of sagging sales from retail behemoths Macy’s Inc. and Best Buy Co., both of which have a significant presence in Memphis.

46. Stores See Surge in Applicants for Holiday Help -

NEW YORK (AP) - The odds of landing a part-time job at department store operator Bealls Outlet Stores Inc. this holiday season are slimmer than getting into Harvard: It's one out of every 45.

47. Circuit City Files for Bankruptcy Protection -

One week after announcing it would close 155 of its stores, including two in the Memphis area, Circuit City Stores Inc. reported Monday that it had filed for Chapter 11 bankruptcy protection.

48. Vanishing Jobs, Stressed Consumers Feed Downturn -

WASHINGTON (AP) - The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own.

49. Circuit City to Close Two Memphis-Area Stores -

Circuit City Stores Inc. will close two of its four locations in the Memphis area as part of a nationwide downsizing effort, the company announced Monday.

50. Treasurys Edge Up After Manufacturing Contraction -

NEW YORK (AP) - Treasury prices rose modestly in quiet trading Monday after a bleaker-than-expected reading on the manufacturing sector, but investors avoided making large bets ahead of Tuesday's presidential election. Meanwhile, key interbank lending rates extended their declines, a sign of further easing in the credit markets.

51. Retailers Amp Up Promotions for Back-to-School -

NEW YORK (AP) - Retailers preparing for a difficult back-to-school season are getting creative in their attempts to entice shoppers into the stores - aggressively introducing new products, slashing prices and amping up marketing in the battle for parents' bucks.

52. Middle Eastern Visitors Get Look At Memphis Law System -

Saud y Al Sanea has seen temptation in the form of an iPod. It's not the iPod itself. The temptation is the card needed to upload music from iTunes to fill the iPod.

It can take two weeks to get one of the cards in Kuwait City where he is a public prosecutor at Kuwait's Ministry of Justice. But you can buy a knock-off version on the streets and some stores of Kuwait City much sooner.

53. New Board to Oversee Adult Businesses -

The new ordinance taking the booze out of the city's strip clubs promises to fundamentally change the way clubs and other sexually oriented businesses have to operate. And the city's Alcohol Commission appears to be out of the business of regulating the clubs as the ordinance does not allow for alcohol sales or consumption on the premises.

54. Former Kmarts, Cordova Shopping Center Have New Options With New Plan -

When New Plan Excel Realty Trust Inc. and Sears Holdings Corp. set up a joint development venture in 2005, the venture's first deal involved transforming three former Kmart stores in Memphis.

Sears had closed the stores in 2005, citing their under-performance. Since then, Sears' partner in its development venture - a New York real estate investment trust (REIT) with assets of about $3.5 billion - has more than lived up to its name.

55. Open for Business -

Molly is a black Labrador retriever and shepherd mix and is the mother of a puppy named Java.

She likes to "run and play, but will also sit down when you're ready to chill," according to the Collierville Animal Services' Web site at www.petfinder.com.

56. Archived Article: Gov - By Andy Meek

Region Increases Focus on Homeland Security

ANDY MEEK

The Daily News

Last year, former Memphis Police Director James Bolden spent two weeks in Israel studying counter-terrorism.

The safety measures he saw up close there, ...

57. Archived Article: Small Biz - Burkes

Burkes a Mainstay in Local Book Scene

LANCE ALLAN

The Daily News

Its a marriage built on books. Theres just no other way to describe the relationship of Cheryl and Corey Mesler, owners of Burkes Book Store.

I hired her to marry...

58. Archived Article: Daily Digest - Limelight to Acquire

Limelight to Acquire

Bluepoint Technologies

Memphis-based Limelight Media Group Inc. has agreed to fully acquire Salt Lake City-based Bluepoint Technologies, a privately held developer of Web-based software for managing...

59. Archived Article: Real Recap - Investors Have No Plans for Vacant Germantown Wal-Mart

Uses Restricted for Vacant Wal-Mart Site

1280 S. Germantown Road

Germantown, TN 38138

Cost: $7.2 million

Borrower: WMT Germantown LLC

Lender: National Bank of Commerce

Trust...

60. Archived Article: Fairgrounds 2 (lead) - Hunt will go on for entrepreneurs, bargain hunters

Flea Market Prepares for Post-Fire Event

The show goes on for entrepreneurs, bargain hunters

ANDREW BELL

The Daily News

For more than 30 years, thousands of entrepreneurs have peddled...

61. Archived Article: Delta (lead) - Lead

Alabama Firm Buys Declining Center

Wal-Mart part of multi-million dollar deal

LANCE ALLAN

The Daily News

Two adjacent parcels totaling 33 acres along American Way have changed hands, as an Alabama firm purchased the 234,000-squar...

62. Archived Article: Daily Digest - San Antonio gets nod

San Antonio gets nod

for new Toyota plant

Toyota Motor Corp. selected San Antonio for its sixth vehicle assembly plant in North America, a decision that promises to boost the economic prospects of a city hurt in recent ...

63. Archived Article: Best Buy P2 - Best Buy, Circuit City stocks slump

Best Buy, Circuit City stocks slump
Top U.S. consumer electronics retailer Best Buy Co. Inc. cut its quarterly earnings outlook due to losses at its home entertainment stores and increased competition, whi...

64. Archived Article: Tech Focus - Is the death of the VHS format sooner than we think

DVD sending VHS format the way of Betamax

By SUE PEASE

The Daily News

Its been a long, fun trip since videocassette recorders were introduced to consumers 28 years ago, but the journey ...

65. Archived Article: Circuit City P - Circuit City issues profit warning Circuit City issues profit warning Circuit City Stores Inc. warned Friday fourth quarter earnings for its Circuit City Group will be below Wall Street expectations and said it planned to spin off its profitable Car...

66. Archived Article: Tech Focus - Youve got your palm pilot, digital camera and DVD player, but what high tech gadgets do your kids want

Fun, educational top list of tech gadgets for kids

By SUE PEASE

The Daily News

On the holiday shopping list for many consumers this ye...

67. Archived Article: Tech Briefs - ThoughtWare Technologies Inc ThoughtWare Technologies Inc., a provider of Internet-based career path management and corporate e-learning solutions, has received $4 million in growth capital from an investment group led by Paradigm Capital Partners L...

68. Archived Article: Retail Chg - By CAMILLE H Retail trends are more big-box stores, less spec space By CAMILLE H. GAMBLE The Daily News Although Memphis has more retail space per capita than the national average, developers say the market is not overbuilt because of the types of s...

69. Archived Article: Retail Chg - Retail construction up Retail construction starts hit high for decade in í96 By CAMILLE H. GAMBLE The Daily News The value of new retail construction in Shelby County was up 40 percent in 1996, with 71 permits totaling more than $63.8 million...

70. Archived Article: Web Tv Chg - Surfing on the sofa Surfing on the sofa Web TV technology makes using Internet affordable, comfortable By CAMILLE GAMBLE The Daily News For people who donít want to spend the money for an entire computer system just to surf the íNet, W...

71. Archived Article: Faison Chg - Faison nears 85 percent Faison nears 85 percent leasing at The Commons By CAMILLE H. GAMBLE The Daily News Atlanta developer Faisonís limited partnership is nearing completion of its 12-anchor store shopping center The Commons on Giacosa Driv...

72. Archived Article: Retail Chg - New retail construction New retail construction up from third quarter í95 By CAMILLE H. GAMBLE The Daily News New retail construction was up during the third quarter with more than $13 million in permits filed, compared to third quarter 1995 ...

73. Archived Article: Power Shop Lj - lj 10/5 cates Power shopping: not just a joke Shopping centers make power play bigger stores pack a punch By LAURIE JOHNSON The Daily News In todays society, power is the word. Those in the business community are familiar with the terms power breakf...