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Editorial Results (free)

1. Olive Garden, Red Lobster Sales Continue to Slide -

NEW YORK (AP) – Darden said Friday that sales continued to slide at Olive Garden and Red Lobster, with other costs dragging down its profit by 35 percent in the latest quarter.

The results fell short of Wall Street expectations, and shares were down 2.5 percent in midday trading.

2. Renovation, Expansion Underway at Saddle Creek -

The Shops at Saddle Creek has picked up a new tenant as the lifestyle center undergoes a renovation.

Marmi Shoes has leased 1,395 square feet between Vera Bradley and Madewell at Saddle Creek. St. Louis-based Marmi Shoes offers a wide variety of women’s shoe styles and sizes with a European influence. The Saddle Creek location, the first in the Memphis area and the second in Tennessee, is expected to open in the fall.

3. Olymbec Acquires 13-Building Bellbrook -

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

4. Carlisle Corp. Solidifies Development of Chisca -

Paul Morris hesitated when he started organizing the project launch two weeks ago for the renovation and conversion of the old Chisca hotel into an apartment building.

5. Soul Fish to Open in Wolf Camera Spot on Poplar -

Soul Fish Café has selected a prime piece of real estate in East Memphis for its third location.

The catfish and Southern-inspired restaurant has signed a lease for the old Wolf Camera space in the Poplar Avenue/Perkins Road corridor. The 3,100-square-foot freestanding building at 4720 Poplar Ave. will mark Soul Fish’s third location in Memphis, behind its original spot in Midtown’s Cooper-Young district and its Germantown location near Forest Hill-Irene Road.

6. Soul Fish to Open in Old Wolf Camera at Poplar and Perkins -

Soul Fish Café has selected a prime piece of real estate in East Memphis for its third location.

The catfish and Southern-inspired restaurant has signed a lease for the old Wolf Camera space in the Poplar Avenue/Perkins Road corridor. The 3,100-square-foot freestanding building at 4720 Poplar Ave. will mark Soul Fish’s third location in Memphis, behind its original spot in Midtown’s Cooper-Young district and its Germantown store near Forest Hill-Irene Road.

7. Bar Louie, Chiwawa File Business Licenses -

Two long-awaited Madison Avenue restaurants have filed for business licenses with the Shelby County Clerk’s Office.

Memphis Louie LLC applied for its Bar Louie location at 2125 Madison in Overton Square, the Midtown district being redeveloped by Loeb Properties Inc. The Addison, Texas-based franchise will occupy 5,982 square feet of the curved building on the southwest corner of Madison and Cooper Street. The space originally housed Playhouse on the Square in the 1970s.

8. Sekisui, Circa to Relocate Spaces -

Two East Memphis restaurants soon will have new addresses. 

Sekisui is moving from its original location in the Shops of Humphreys Center, 50 Humphreys Blvd., into Circa by John Bragg’s space in Regalia Shopping Center at 6150 Poplar Ave., suite 122. Circa plans to relocate west to Chickasaw Crossing, 2855 Poplar, in the space where Ronnie Grisanti’s restaurant operated for years.

9. Olive Garden Owner Shifts Course to Focus on Deals -

NEW YORK (AP) – After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.

10. Levenger Leases Up EastPark IV -

A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.

Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.

11. Green Girl to Create Indoor Vertical Farm -

A group of food professionals is working toward supplying restaurants with local produce while improving the health of Memphians and fighting urban blight.

Green Girl Produce plans to leverage technology to create the city’s first indoor vertical farm, providing the community with cost-effective, year-round organic mircogreens. By leasing an old 1,260-square-foot liquor store at 2655 Broad Ave., the space has the potential to store up to 2,500 square feet of growing room.

12. Bar Louie Signs Deal at Overton Square -

Bar Louie, an Addison, Texas-based neighborhood restaurant and bar franchise, is the latest retail tenant that has signed on for Overton Square.

Bar Louie will occupy 5,650 square feet of the curved building at 2125 Madison Ave., on the southwest corner of Madison and Cooper Street. The store will be Bar Louie’s 11th franchised location and will be operated by Tony De Salvo and partners.

13. Loeb Inks Overton Square Deal With Bar Louie -

Bar Louie, an Addison, Texas-based neighborhood restaurant and bar franchise, is the latest retail tenant that has signed on for Overton Square.

Bar Louie will occupy 5,650 square feet of the curved building at 2125 Madison Ave., on the southwest corner of Madison and Cooper Street. The store will be Bar Louie’s 11th franchised location and will be operated by Tony De Salvo and partners.

14. 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.

15. Slice of the Pie -

Come mid-July, local restaurateur Aldo Dean will launch Aldo’s Pizza Pies, his group’s third concept in Memphis and second in Downtown’s Central Business District.

Dean is one of three partners behind the new 3,900-square-foot restaurant on the ground floor of Henry Turley Co.’s Barboro Flats at 100 S. Main St. Adam Slovis of Slovis & Associates LLC represented Dean and his group in its seven-year lease for Aldo’s Pizza Pies.

16. FDIC Signs Lease In Lakecrest -

Federal Deposit Insurance Corp. has inked a substantial lease in Lakecrest III, marking the market’s largest office lease signing this year.

17. American Cafe Shutters Memphis Presence -

The American Café in Germantown’s The Shops of Saddle Creek shopping center has closed its doors.

A spokeswoman for the Maryville, Tenn.-based chain confirmed Monday, April 30, that the lease had expired for the casual sit-down and take-out eatery at 2055 West St., suite 20.

18. Regions Financial Appoints Execs -

Regions Financial Corp. has appointed two company and industry veterans to new positions within the bank’s business services group.

19. Cheers -

Two years ago, Brittany Whisenant and Ed Cabigao were given just four hours notice the day their new South Main restaurant debuted.

Thinking fast, the pair blasted Twitter and Facebook with a short but sweet message –South of Beale is officially open for business.

20. Elvis-Themed Eateries Coming to Europe -

Diners throughout Europe will soon be chowing down in restaurants with décor inspired by the King of Rock ‘n’ Roll.

Memphis-based Elvis Presley Enterprises Inc. has licensed the EAD International Group to open Elvis-themed restaurants throughout Eastern and Central Europe.

21. Elvis Eateries Coming to Europe -

Diners throughout Europe will soon be chowing down in restaurants with décor inspired by the King of Rock ‘n’ Roll.

Memphis-based Elvis Presley Enterprises Inc. has licensed the EAD International Group to open Elvis-themed restaurants throughout Eastern and Central Europe.

22. Homegrown Chef Takes Helm at Chez Philippe -

Chez Philippe has a new chef, Jason Dallas, and the shadow of Jose Gutierrez no longer looms over The Peabody’s opulent flagship restaurant.

23. Main Street’s ‘Big Hole’ Reaches Symbolic Milestone -

Today’s topping off ceremony for what once was a giant hole at 100 S. Main St. represents a milestone. By next summer, the property will be the site of a parking garage and 92 apartment units.

24. Naked Lion Owner Hopes to Go National -

When Molson Coors Brewing Co. decided to close its Memphis facility in 2006, some employees were left to make life-altering decisions.

For former Coors international brewmaster Tony Vieira, the decision was whether to pick up his family and move to another city or remain in Memphis.

25. Safeway Group Buys Fourth Memphis Shopping Center -

6743-6797 Winchester Road
Memphis, TN 38115
Sale Amount: $2.5 million

Sale Date: Oct. 22, 2007

Buyer: Fairington Shopping Center LLC

26. UTHSC Appoints Thomason Associate Dean of Students -

Dr. Donald B. Thomason, professor in the University of Tennessee Health Science Center's (UTHSC) Department of Physiology, has been appointed associate dean of students for the College of Graduate Health Sciences. Thomason has been with UTHSC since 1990. He was appointed chair of the curriculum committee for the College of Graduate Health Sciences in 2005.

27. Malled by the Competition -

Editor's note: This is the third in The Daily News' five-part Retail Reinvented series about the past - and future - of the local shopping landscape.

Pat Jacobs knows a thing or two about Memphis malls. He served as general manager of Southland Mall for 18 years before taking the same job at Hickory Ridge Mall in 2003.

28. Collierville Busts Out All Over With Layers Of Retail Growth -

Collierville has seen a metamorphosis in the past decade, evolving from a sleepy small town to a blossoming bedroom community to a thriving, self-sustaining suburb that continues to attract new businesses in droves.

29. Agency Shoots Ahead With Up-Front Approach -

Albert Einstein once remarked that the hardest thing in the world to understand is the income tax. But as Reuben Brunson points out on his company's Web site, the famous scientist never worked in advertising.

30. Archived Article: Daily Digest - Duntreath Finances

Duntreath Finances

Lots in Estanaula Trails

Duntreath Investments has financed seven lots in Estanaula Trails for $2.7 million, according to The Daily News Public Records Database, www.memphisdailynews.com. BancorpSouth B...

31. Archived Article: Real Focus - Real

Court Square Project to Help Restore City Center

LANCE ALLAN

The Daily News

When Downtowns Court Square was designed, it was meant to serve as the center of the city, a living room of sorts and a gathering place for all.

That gat...

32. Archived Article: Back - Galleria announces Galleria announces first group of stores Urban Shopping Centers Inc., owner of the Wolfchase Galleria under construction at I-40 and Germantown Parkway, announced Tuesday many of the new stores that will open in the mall Feb. 26. ...