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Editorial Results (free)

1. Sprouts Confirms Lakeland, Germantown Stores in 2015 -

Sprouts Farmers Market, one of the fastest-growing grocery chains in the country and the first new grocer to enter the Memphis area in several years, will open a second location in Germantown.

Sprouts will turn the 30,000-square-foot former Schnucks location at The Shops of Forest Hill at Poplar Avenue and Forest Hill-Irene Road in Germantown into one of its stores, which replicate the look and feel of an indoor farmers market and specialize in fresh, healthy food.

2. Events -

Volunteer Mid-South will hold a volunteer expo Tuesday, Sept. 23, from 3 p.m. to 6 p.m. at Oak Court Mall, 4465 Poplar Ave. Dozens of Mid-South nonprofits will on hand to discuss programs and volunteer opportunities. Visit volunteermidsouth.org.

3. Family Dollar Opposes Dollar General Overture -

Family Dollar has told shareholders to reject an unsolicited, $9.1 billion takeover bid from its rival, Dollar General.

Family Dollar is currently trying to arrange a sale to another bargain chain, Dollar Tree Inc.

4. Wal-Mart to Increase Holiday Hiring 10 Percent -

Wal-Mart Stores Inc. says it plans to hire 60,000 temporary holiday workers for the crucial holiday season, an increase of nearly 10 percent from last year.

5. Sprouts Applies for Building Permit -

Sprouts Farmers Market has applied for a building permit to turn the old Kroger store in Lakeland into one of its upscale grocery stores.

Sprout applied for a $650,000 building permit to renovate the former Kroger at 9050 U.S. 64 in Lakeland. The building permit application lists AAD Fitch Inc. as the architect on the project.

6. Brighter Economy Driving Up Holiday Hiring Plans -

NEW YORK (AP) – UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.

One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season. Collectively, such hiring could reach its highest point this year for stores since 1999, when the economy was roaring and the Great Recession was still eight years away.

7. Wal-Mart to Increase Holiday Hiring 10 Percent -

Wal-Mart Stores Inc. says it plans to hire 60,000 temporary holiday workers for the crucial holiday season, an increase of nearly 10 percent from last year.

8. Drugstores, Retailers Dive Deeper Into Vaccines -

Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.

CVS doled out more than 5 million, or double its total from a few years ago. And Wal-Mart, the world's largest retailer, offers flu shots at more than 4,200 of its U.S. stores that have pharmacies.

9. Family Dollar Opposes Dollar General Overture -

Family Dollar has told shareholders to reject an unsolicited, $9.1 billion takeover bid from its rival, Dollar General.

Family Dollar is currently trying to arrange a sale to another bargain chain, Dollar Tree Inc.

10. FedEx Profits Surge Above Wall Street Estimates -

FedEx said fiscal first-quarter profits surged to $606 million, driven by gains in its freight, ground and express operations and a share buyback program.

Memphis-based FedEx reported earnings Wednesday, Sept. 17, of $2.10 per diluted share for the first quarter ended Aug. 31, up 37 percent from last year’s $1.53 per share and above Wall Street estimates. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.96 per share. FedEx shares were up 4.29 percent following the earnings release and conference call with company executives.

11. Sprouts Farmers Market Applies for Building Permit -

Sprouts Farmers Market has applied for a building permit to turn the old Kroger store in Lakeland into one of its upscale grocery stores.

Sprout applied for a $650,000 building permit to renovate the former Kroger at 9050 U.S. 64 in Lakeland. The building permit application lists AAD Fitch Inc. as the architect on the project.

12. First South Launches More Secure Cards -

First South Financial is preparing to roll out credit cards embedded with new chip technology that offer users more protection than the standard piece of plastic today.

Starting Oct. 1, the Memphis-based credit union will offer its Visa Platinum credit cards with new EMV chip technology. Cards with such technology, according to the Smart Card Alliance, contain embedded microprocessors that support “enhanced cardholder verification methods” and are regarded as more secure when making purchases online.

13. Apple: Record 4 Million Orders of iPhones on First Day -

NEW YORK (AP) – Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial supply, the company said Monday.

The iPhone 6 and iPhone 6 Plus will be delivered to customers starting Friday and throughout September, but many won't be delivered until October, Apple said. Phones will still be available Friday on a walk-in basis at Apple retail stores and from various wireless carriers and authorized Apple resellers.

14. Auto Buying Boosts August Retail Sales -

Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending.

The Commerce Department said Friday that seasonally adjusted retail sales rose 0.6 percent compared with the prior month. Sales are up 5 percent in the past 12 months. July sales were also revised upward from flat to a 0.3 percent increase.

15. Dollar Tree, Family Dollar Receive FTC Request -

Dollar Tree Inc. said Tuesday that it has received a request from the Federal Trade Commission for more information about its proposed takeover of Family Dollar Stores Inc.

16. Apple Pushes Digital Wallet Service With Apple Pay -

Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card.

The technology company on Tuesday introduced a new digital wallet service called Apple Pay that is integrated with its Passbook credential-storage app and its fingerprint ID security system.

17. RadioShack Warns of Possible Chapter 11 Bankruptcy -

NEW YORK (AP) – RadioShack warned Thursday that it may need to file for Chapter 11 bankruptcy reorganization if it can't rework its debt or find another way to ease a cash crunch.

The struggling retailer said in a regulatory filing that it is in talks with its lenders, bondholders, shareholders and landlords to fix its balance sheet, but if it can't, it will try to file a prepackaged bankruptcy.

18. Apple Pushes Digital Wallet With Apple Pay -

Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card.

The technology company on Tuesday introduced a new digital wallet service called Apple Pay that is integrated with its Passbook credential-storage app and its fingerprint ID security system.

19. Dollar General Goes Hostile in Bid for Rival -

Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers.

The discount chain has commenced an open offering to investors of Family Dollar Stores Inc. for $80 per share in cash. That offer was rejected last week by the company's board, which has already accepted a deal with another discounter, Dollar Tree.

20. Apple Reveals Larger iPhones and Smartwatch -

CUPERTINO, Calif. (AP) – For the first time in years, Apple's iPhones weren't the star of the show. Apple unveiled a smartwatch on Tuesday, a wearable device that marks the company's first major entry in a new product category since the iPad's debut in 2010.

21. Home Depot Confirms Breach in US, Canada Stores -

NEW YORK (AP) – Shares of Home Depot sank before the opening bell Tuesday after confirming that its payment systems had been hacked, potentially exposing millions of shoppers who used credit and debit cards at its more than 2,000 U.S. and Canadian stores.

22. Dollar Tree, Family Dollar Receive FTC Request -

Dollar Tree Inc. said Tuesday that it has received a request from the Federal Trade Commission for more information about its proposed takeover of Family Dollar Stores Inc.

23. Walnut Hill Apartments Sells for $28 Million -

8920 Walnut Grove Road
Cordova, TN 38018
Sale Amount: $27.9 million

Sale Date: Aug. 28, 2014
Buyer: IRT Walnut Hill Apartments Owner LLC
Seller: 30 California-based limited liability companies
Details: The 324-unit Walnut Hill Apartments in Cordova has sold for $27.9 million to an entity affiliated with Philadelphia-based RAIT Financial Trust.

24. City's Response to Poplar Plaza Attack Charts New Path -

The next front in City Hall’s discussion of youth violence won’t be another crime summit.

The last one happened just days before and within a mile of the Poplar Plaza shopping center where a mob of teenagers attacked, beat and injured three people Saturday, Sept 6.

25. Family Dollar Bucks Dollar General Bid Again -

CHESAPEAKE, Va. (AP) – Family Dollar is rejecting Dollar General's latest acquisition offer, and Dollar Tree says it will now divest as many stores as needed to get antitrust clearance for its deal to buy Family Dollar.

26. Family Dollar Sells Appling Road Location -

An entity affiliated with American Realty Capital Properties Inc. has bought the Family Dollar store at 1683 Appling Road from the North Carolina-based chain for $1.3 million.

27. Trio of Entrepreneurs Reimagines Furniture in Broad Strokes -

Broad Avenue continues to be a haven for businesses with character, restaurants, art ventures and entrepreneurs who fit neatly into one of the city’s burgeoning cultural scenes.

Broad Strokes, a store specializing in re-creating old pieces of furniture using paint with a dash of imagination, is one of the latest such businesses to set up shop in the neighborhood.

28. Home Depot CEO: Probe of Possible Breach Continues -

NEW YORK (AP) – Home Depot's outgoing CEO Frank Blake told investors Thursday that the nation's largest home-improvement chain continues to investigate a potential breach at the company and reassured that customers will not be liable for any potential fraudulent charges.

29. What Does Local Really Mean? -

I make my living helping retail entrepreneurs, franchisees, national restaurants and retailers find the best home for their business in the Mid-South.

Over the past 11 years, I had the opportunity to work with several national branded franchise quick service restaurants, sometimes known in the industry as a “QSR” concept. Many of these franchises are owned by local Mid-South entrepreneurs.

30. Behind Big Macs, a Drama Over Corporate Control -

NEW YORK (AP) – Behind those Big Macs and Whoppers is a hidden drama over corporate control.

The fast-food industry is underpinned by an often tense relationship between companies like McDonald's and Burger King and the franchisees who run their restaurants. Few customers think about this when scarfing down burgers.

31. CVS Changes Name, Stops Tobacco Sales Early -

As CVS sharpens its focus on customer health, the nation's second-largest drugstore chain will tweak its corporate name and stop the sale of tobacco nearly a month sooner than planned.

CVS Caremark said it will now be known as CVS Health, effective immediately. The signs on its roughly 7,700 drugstores won't change, so the change may not register with shoppers.

32. Stepherson Named Chair-Elect of Grocers Association -

Randy Stepherson has been named 2014-2015 chairman-elect of the Tennessee Grocers & Convenience Store Association board of directors. Stepherson is president of Stepherson Inc., the family- and employee-owned parent company of Superlo Foods, which has five Memphis-area locations, and Stepherson’s.

33. AutoZone Agrees to Buy Parts Distributor -

A few weeks ahead of its fiscal fourth quarter earnings announcement, Memphis-based AutoZone Inc. disclosed it’s reached a deal to buy Interamerican Motor Corp., the second-largest distributor of original equipment import replacement parts in the U.S.

34. Dollar General Raises Family Dollar Bid to $9.1 Billion -

GOODLETTSVILLE, Tenn. (AP) – Dollar General upped its bid for the rival Family Dollar chain and addressed an earlier roadblock, saying that it will more than double the number of stores it would shed to ease the antitrust concerns of its takeover target.

35. Wine Referendum Hits Snag in Lakeland -

Voters in Lakeland won’t be voting on allowing wine in grocery stores on the Nov. 4 ballot.

The petition effort to put the question on the ballot had enough qualified signatures in Lakeland. But Lakeland does not permit liquor by the drink, a requirement for the referendums on wine in grocery stores under the new state law.

36. A More Earth-Friendly Burial Option Now Available -

When Dara Ashworth’s father died this spring after battling metastatic melanoma, she and her two sisters struggled with the best way to honor his life, his memory and his body.

Their father, Leonard Daniel Hamby, 64, a lab technician with the Tennessee Department of Health, didn’t have a specific plan, but the family knew enough about his wishes and knew that he didn’t want a traditional burial.

37. Fred's to Close 60 Stores -

Memphis-based general merchandise retailer Fred's has decided to close 60 of its stores that don't have a pharmacy and that don't meet performance targets, as the chain continues to place more emphasis on its pharmacy offerings.

38. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

39. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based Yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

40. Dollar General Still Wants to Buy Family Dollar -

NEW YORK (AP) – Dollar General Corp. said it still wants to buy rival Family Dollar, even though its nearly $9 billion offer was rejected by the discount retailer last week.

41. Wine Referendum Hits Snag in Lakeland -

Voters in Lakeland won’t be voting on allowing wine in grocery stores on the Nov. 4 ballot.

The petition effort to put the question on the ballot had enough qualified signatures in Lakeland. But Lakeland does not permit liquor by the drink, a requirement for the referendums on wine in grocery stores under the new state law.

42. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

43. Lakeland Wine Referendum Hits Snag -

Voters in Lakeland won’t be voting on allowing wine in grocery stores on the Nov. 4 ballot.

The petition effort to put the question on the ballot had enough qualified signatures in Lakeland. But Lakeland does not permit liquor by the drink, a requirement for the referendums on wine in grocery stores under the new state law.

44. Wine Referendum Makes Memphis Ballot -

Voters in unincorporated Shelby County will not be voting on wine in grocery stores on the Nov. 4 ballot.

But voters in Memphis and the six suburban towns and cities will.

The Shelby County Election Commission completed its count Tuesday, Aug. 26, of signatures on the referendum petitions in each of the areas. To go on the ballot, each area had to have the signatures of 10 percent of the number of voters who voted in the last general election for governor.

45. Election Commission Certifies August Vote -

The Shelby County Election Commission certified the August election results Monday, Aug. 25, at the beginning of a week that includes an early oath of office for those elected to county offices on the ballot.

46. Field of 15 Apply for Chancery Court Judge -

A field of 15 Memphis attorneys applied to become the newest Chancery Court Judge as Chancellor Kenny Armstrong moves to a seat on the state appeals court in a week.

47. TiVo to Make Version for Those Without Cable -

NEW YORK (AP) – Here's a sign more households are going without cable or satellite TV: TiVo Inc. is making a digital video recorder just for so-called cord-cutters.

48. $5 Tickets Available for Memphis Football Opener -

For the second year in a row, the University of Memphis has partnered with 42 area Kroger stores to sell $5 football tickets for the Tigers’ season opener in support of the “Million Meals Challenge.”

49. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

50. Wine Referendum Makes Suburban Ballot -

Voters in the six suburban towns and cities in Shelby County will vote in November on whether they want grocery stores to sell wine.

The referendum question is on the Nov. 4 ballot in Arlington, Lakeland, Collierville, Germantown, Millington and Bartlett, as of Friday, Aug. 22.

51. Start Co. Graduates Newest Batch of Startups -

This week’s Start Co. Demo Day, which brought together more than 500 people involved in the local ecosystem including entrepreneurs, mentors and investors, saw teams presenting their startup ideas in the hopes of securing funding and taking their concepts to the next level.

52. Chandler’s ‘Southern Pantry’ to Hit Shelves Soon -

The next cookbook from Memphis chef, writer and restaurant consultant Jennifer Chandler hits stores in October, and she has a few signings already scheduled in Memphis to promote it.

53. Family Dollar Rejects Dollar General Offer -

Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators. Family Dollar's board said it supports its existing deal to be acquired by Dollar Tree.

54. Target Cuts Outlook as Breach Fallout Lingers -

NEW YORK (AP) – Target Corp. slashed its annual profit outlook for the second time in three months as the retailer reels from a massive customer-data breach, a botched Canadian expansion and sluggish U.S. sales.

55. Macy's to Pay $650,000 in Shopper-Profiling Probe -

ALBANY, N.Y. (AP) – Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square.

Under the agreement signed Tuesday with New York's attorney general, the retailer will adopt new policies on police access to its security camera monitors and against profiling, further train employees, investigate customer complaints, keep better records of detentions and report for three years on its compliance.

56. Circle K Files Permit for Winchester Store -

Circle K Stores has filed a $1.1 million permit with the city-county Office of Construction Code Enforcement for a store at 9113 Winchester Road in Germantown.

57. Wine Referendums Down to Final Day -

The deadline for signatures to be gathered on the still-forming proposed referendums to allow wine in grocery stores is Thursday, Aug. 21.

The deadline for candidates to file in the set of Bartlett, Germantown, Collierville and Millington municipal elections on the November ballot is at noon the same day.

58. Another Round -

Some time in October, lovers of local craft beers could enjoy a cold brew in a new tasting room at Memphis Made Brewing Co.’s facility in the Cooper-Young district.

59. Dollar General Enters Bidding for Family Dollar -

NEW YORK (AP) – Dollar General isn't about to be left out in the cold. The discounter is starting a bidding war for Family Dollar with an approximately $8.95 billion offer as it attempts to trump a Dollar Tree bid.

60. Developer Files Permit for Graceland-Area Hotel -

3411 Elvis Presley Blvd.
Memphis, TN 38116
Permit Cost: $3.5 million

61. Supervalu Becomes Latest to Suffer Data Breach -

NEW YORK (AP) – A data breach at Supervalu may have impacted as many as 200 of its grocery and liquor stores and potentially affected retail chains recently sold by the company in two dozen states.

62. Clarksville to Vote on Wine Sales in Stores -

Voters in Clarksville, Tenn., will decide in November whether to allow wine to be sold in the city’s supermarkets.

Montgomery County Administrator of Elections Vickie Koelman told The Leaf-Chronicle that enough signatures have been gathered and certified through petitioning to place the wine question on the November ballot in referendum.

63. A Perfect Union -

Union Ave Books buzzes with activity on a Tuesday afternoon as families from San Francisco and Paris browse the shelves in the children’s section.

A local customer, owner Flossie McNabb explains, has brought the travelers to her store during their East Tennessee visit.

64. US Retail Sales Flat in July -

U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains.

The Commerce Department said Wednesday that seasonally adjusted retail sales were unchanged in July compared with the prior month. Total sales rose a statistically insignificant $161 million from $439.6 billion in June.

65. Wal-Mart Cuts Profit Outlook -

BENTONVILLE, Ark. (AP) – Wal-Mart Stores Inc. cut its annual profit outlook on Thursday amid sluggish sales, higher-than-expected health care costs and the need to invest more in its e-commerce operations.

66. US Retail Sales Flat in July -

U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains.

The Commerce Department said Wednesday that seasonally adjusted retail sales were unchanged in July compared with the prior month. Total sales rose a statistically insignificant $161 million from $439.6 billion in June.

67. Fresh Market Debuts Midtown Store -

For a while now Central Gardens resident Tom Clifton has been driving to East Memphis to get his groceries.

68. Apple's Tech Jobs Held Mostly By White, Asian Men -

SAN FRANCISCO (AP) – Apple primarily relies on white and Asian men for its top-paying technology jobs, feeding the perception that Silicon Valley's economic boom is largely excluding women, blacks and Hispanics.

69. Krispy Kreme Pulls Permit for Third Store -

Krispy Kreme has filed a $575,000 building permit for a new store at 4198 Hacks Cross in Southeast Memphis, its third location in the city.

The Winston-Salem, N.C.-based company filed the permit with the city-county Office of Construction Code Enforcement, listing Chris Sneeden, the director of U.S. real estate at Krispy Kreme, as the owner.

70. New Tennessee Distribution Center to Bring 700 Jobs -

Officials say Academy Sports + Outdoors plans to build a distribution center in Putnam County, Tenn., which will bring 700 jobs to the area over the next five years.

Company executives said in a statement on Friday that the 1.6 million-square-foot distribution center in Cookeville would support continued growth for the Katy, Texas-based sporting goods retailer. It will be the company’s third distribution center.

71. New Business Helps Clients Organize Homes, Lives -

When Amy Tuggle and her mother, Fran Cutshall, moved to Memphis from St. Louis recently they each decided to make a career change.

72. Fred’s July Sales Metric Edges Up -

Fred's sales at stores open at least a year edged up 0.7 percent in July, helped by better customer traffic and stronger sales of some general merchandise.

But the discount retailer lowered its second-quarter guidance, in part because of costs at its pharmacy department.

73. Fred's July Sales Metric Up, Cuts Second-Quarter Outlook -

MEMPHIS (AP) – Fred's sales at stores open at least a year edged up 0.7 percent in July, helped by better customer traffic and stronger sales of some general merchandise.

But the discount retailer lowered its second-quarter guidance, in part because of costs at its pharmacy department.

74. Target Lowers Forecast, Estimates Breach Costs -

NEW YORK (AP) – Target has lowered its second-quarter forecast citing the promotional discounts it had to use to attract shoppers.

The Minneapolis-based retailer also said Tuesday it expects gross expenses tied to a massive data breach this past winter to come to $148 million in the period, which will be offset by $38 million in insurance. It also paid $1 billion to retire $725 million in debt.

75. Wal-Mart's Website to Personalize Shopping -

NEW YORK (AP) – Wal-Mart, in its latest bid to compete with nemesis Amazon.com, is rebuilding its website to further personalize the online shopping experience of each customer.

76. Ag Tourism Touted as Way to Boost Rural Economies -

CHARLES TOWN, W.Va. (AP) – With its sweet fruit-flavored liqueurs, a working farm and eccentric cast of characters – including a dancing lemon – Bloomery Plantation Distillery has attracted tourists from every U.S. state and countries as far away as Laos and Iceland.

77. Midtown Fresh Market To Open in August -

The Fresh Market has set an opening date for its new Midtown store.

The new store at 2145 Union Ave. will open Aug. 13 at 8 a.m., and grand opening activities will include chef demonstrations, food sampling throughout the store and drawings for The Fresh Market gift cards. A sample-sized bag of the company’s gourmet coffee and a reusable shopping bag will be free to the first 1,000 customers.

78. Difference Maker -

When the Green Machine Mobile Food Market rolled up to University Place a year ago – the market being housed inside a lime green retired MATA bus – the first customer was a 103-year-old former school teacher in a wheelchair.

79. Dollar Tree Steps Up Fight, Buys Family Dollar -

NEW YORK (AP) — The fight for penny pinchers is intensifying.

Dollar Tree said Monday it is buying rival discounter Family Dollar for $8.5 billion, significantly broadening its reach as it looks to fend off Wal-Mart, which has been stepping up its courtship of lower-income customers.

80. D. Canale Affiliate Buys Property for Distillery -

301 S. Front St.
Memphis, TN 38103
Sale Amount: $785,000

Sale Date: July 10, 2014
Buyer: Dominick Properties LLC
Seller: 301 South Front Street GP

81. Midtown Fresh Market to Open in August -

The Fresh Market has set an opening date for its new Midtown store.

The new store at 2145 Union Ave. will open Aug. 13 at 8 a.m., and grand opening activities will include chef demonstrations, food sampling throughout the store and drawings for The Fresh Market gift cards. A sample-sized bag of the company’s gourmet coffee and a reusable shopping bag will be free to the first 1,000 customers.

82. AutoZone Celebrates 35th Year at First Store -

AutoZone Inc. celebrated the company’s 35th anniversary this week at the company’s Forrest City, Ark., store to thank the community where the auto parts retailer’s story began.

83. Midtown Fresh Market to Open in August -

The Fresh Market has set an opening date for its new Midtown store.

The new store at 2145 Union Ave. will open Wednesday, Aug. 13. Doors will open at 8 a.m. and grand opening activities will include chef demonstrations, food sampling throughout the store and drawings for The Fresh Market gift cards. A sample-sized bag of the company’s gourmet coffee and a reusable shopping bag will be free to the first 1,000 customers.

84. Wal-Mart Names New CEO of US Discount Division -

NEW YORK (AP) – Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.

85. Retail Trade Group Reduces Annual Sales Forecast -

NEW YORK (AP) – The nation's largest retail trade group has pared its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering economic woes.

86. IMF Sees US Growth at Weakest Since Recession -

WASHINGTON (AP) – U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter.

87. Owner Files Loan on 3 Gas Stations -

After receiving two convenience stores and gas stations in quitclaim deeds, the new owner filed a $2 million loan on those properties and one other.

The entity, N & S LLC, doing business as Hwy 64 BP, filed the deed of trust July 16 through Renasant Bank. Nizar Lalani Sr. signed the deed as member of the borrower, and he is also related to the ownership entities that quitclaimed the properties.

88. Wal-Mart Ups Price Wars for Back-to-School Season -

NEW YORK (AP) – Wal-Mart Stores Inc. is upping the price game for the crucial back-to-school shopping season.

89. AutoZone Celebrates 35th Year at First Store -

AutoZone Inc. celebrated the company’s 35th anniversary this week at the company’s Forrest City, Ark., store to thank the community where the auto parts retailer’s story began.

90. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

91. Busy Street -

Evidence for the attractiveness of Downtown’s South Main neighborhood can be found in any of several corners.

One example is at 314 S. Main St., where Café Pontotoc opened its doors about two weeks ago. Owners Milton and Cherie Lamb wanted to establish a comfortable neighborhood bar that serves wine, local beers and small plates in a setting where patrons get used to coming in to unwind.

92. Lamar Gas Station, Store Sell for $850,000 -

The Best Corner Express BP gas station and convenience store at 3015 Lamar Ave. in the Defense Depot area has sold for $850,000.

93. Chef Jenn Products Coming To More Outlets, States -

The “Chef Jenn” lines of frozen seafood products from Memphis chef Jennifer McCullough are being picked up by East Coast grocery store chain Harris Teeter and also by Walmart in several regions.

94. Retail Sales Tick Up 0.2 Percent in June -

U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year.

Retail sales rose just 0.2 percent last month, the Commerce Department said Tuesday, held back by a sharp drop at building and garden supply stores. Sales also fell at restaurants and at auto dealers.

95. Locally Grown Foods Look to Bigger Business -

PHILADELPHIA (AP) – Once a niche business, locally grown foods aren't just for farmers markets anymore.

A growing network of companies and organizations is delivering food directly from local farms to major institutions like Thomas Jefferson University Hospital in downtown Philadelphia, eliminating scores of middlemen from farm to fork. Along the way, they're increasing profits and recognition for smaller farms and bringing consumers healthier, fresher foods.

96. Retail Sales Tick Up 0.2 Percent in June -

U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year.

Retail sales rose just 0.2 percent last month, the Commerce Department said Tuesday, held back by a sharp drop at building and garden supply stores. Sales also fell at restaurants and at auto dealers.

97. Midtown Retail Center Owner Files $3 Million Loan -

The owner of the retail building at 1460 Union Ave. in Midtown that houses Office Max and Cricket stores has filed a $2.9 million loan on the property.

98. Chef Jenn Products to Appear In More Outlets, States -

The “Chef Jenn” lines of frozen seafood products from Memphis chef Jennifer McCullough are being picked up by East Coast grocery store chain Harris Teeter and also by Walmart in several regions.

99. Economists Lower Forecasts for US Growth -

WASHINGTON (AP) — U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

100. Kroger Launches Wine Sales Petition -

Kroger Delta Division is launching petition drives in more than 35 of its Shelby County stores to put a referendum on the Nov. 4 ballot to permit wine sales in local supermarkets.

The petition drive seeking the signatures of registered voters will be July 10-12 and July 17-19.