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Editorial Results (free)

1. OneJet Expands, Says Memphis Route Exceeding Expectations -

Six weeks into OneJet’s Indianapolis-Memphis air service, the CEO of the small- to medium-sized market air carrier says the route is performing “beyond our expectations.”

Matthew Maguire and OneJet executives announced Thursday, Aug. 13, that Nashville will be the fourth city to join Memphis, Pittsburgh, Pa., and Milwaukee, Wis., in service to and from Indianapolis, One Jet’s “focus” city.

2. 'En Fuego' -

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

3. Build Out -

Boyle Investment Co. is building a 52,000-square-foot office building at its Schilling Farms community in Collierville in which Helena Chemical Co.’s Southern Business Unit will lease half of the space.

4. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

5. Memphis Tourism Officials: Limit Hotel Tax Breaks -

A wave of Downtown hotel plans has officials pumping the brakes on using public incentives for smaller, limited-service hotels.

With up to a dozen Downtown hotel projects in the development pipeline, the Memphis Convention and Visitors Bureau has asked the Downtown Memphis Commission to explore limiting incentives to large, full-service hotels.

6. Wonder Bread Bakery Under Contract -

The former Wonder Bread bakery at 400 Monroe Ave. could soon have a new owner.

The bakery, idled by a labor strike before being sold in 2013, is under contract to a potential buyer, according to a commercial real estate broker.

7. Building Boom Strains Labor Pool, Supply Chain -

Middle Tennessee’s red-hot construction boom is becoming a victim of its own success. Architects, contractors and everyone in between, including Metro Codes, are up to their necks in work.

It’s a happy time of an industry that also can see long, slow periods of stagnation.

8. OneJet Lands in Memphis, Thanks in Part to FedEx -

Mid-South business travelers now have an easy, efficient way to reach several large Midwestern markets.

OneJet, a startup airline catering to business travelers, launched its inaugural Memphis to Indianapolis flight on Monday, June 22.

9. Here's Why Home Sales Are Finally Surging -

WASHINGTON (AP) — Real estate has gotten hot again.

Home sales are on pace for their best year since 2007. First-time buyers are streaming back into the market. Prices are skyrocketing, aided by a stronger job market and tantalizingly low mortgage rates that are creating pressure for buyers to act fast.

10. 5 Reasons Why US Employers are Showing Confidence in Economy -

WASHINGTON (AP) – Employers last month delivered a vote of confidence in the U.S. economy.

They added 280,000 jobs – a surprisingly robust total at a time when consumers are hesitant to spend and the economy appears less than fully healthy. Some key industries, from energy to manufacturing, have been struggling. And economic troubles overseas have put investors on edge.

11. Pending US Home Sales Jump to Strongest Level in 9 Years -

WASHINGTON (AP) – Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market.

The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index climbed 3.4 percent to 112.4 last month. It's the fourth consecutive monthly gain. The index now stands at its highest level since May 2006.

12. Absolute Recovery Services Enjoys Solid Growth in Short Time -

Jason Burnett has worked his way through several different collections firms specializing in everything from retail to bank to medical debt.

13. ‘Pioneering is a Bitch’ -

Christy Shuff was robbed on the night she moved some equipment into her soon-to-open new business, Rumours Gallery, on 12South Avenue.

That was 12 years ago, and Shuff, now 40, and her then-husband Will Shuff were aspiring urban pioneers, ready to take a chance on the downtrodden, but affordable 12South area, then home to a few businesses and mostly older houses.

14. Kiesewetter Joins Fisher Phillips Law Firm -

Jay W. Kiesewetter has joined the Memphis office of Fisher & Phillips LLP as senior counsel. In his new role, Kiesewetter advises clients on issues related to union organizing and elections, arbitrations, negotiations, strikes, lockouts and Labor Board charges.

15. Analyst Downgrades Apple Shares as Smartwatch Goes on Sale -

NEW YORK (AP) – As consumers trekked to Apple stores to try on the company's smartwatch for the first time, a Raymond James analyst downgraded shares of the tech giant, saying its first product launch under CEO Tim Cook poses "more risk than reward."

16. Five of the Nation’s Finest -

Each year the U.S. Chamber of Commerce recognizes the contribution of small business to the national economy with the Blue Ribbon Small Business Awards. Five from Knoxville’s business community – The Tomato Head, Management Solutions LLC, Design Innovation Architects Inc., Visionary Solutions LLC and AMS Corp. – have been chosen for inclusion in the annual program.

17. FDA Approves Genetically Engineered Potatoes, Apples as Safe -

BOISE, Idaho (AP) – Potatoes that won't bruise and apples that won't brown are a step closer to grocery store aisles, but some food suppliers say they don't want any part of it and others are staying silent.

18. Chicago-Based LivCor Snaps Up Memphis Apartment Community -

9230 Thornbury Boulevard
Memphis, TN 38125
Sale Amount: $51.3 million

Sale Date: Feb. 27, 2015
Buyer: BRE Piper MF Forest Creek TN LLC, an affiliate of Chicago-based LivCor LLC,
Seller: Forest Creek Apartment Associate LLC and Forest Creek Land Associates LLC, affiliates of Carter Hastin Real Estate Services Inc.
Loan Amount: $44.2 million
Loan Date: Feb. 27, 2015
Lender: Wells Fargo Bank
Details: The Preserve at Forest Creek Apartments in Southeast Memphis has been sold for $51.3 million.

19. Real Estate Community Readies for Pinnacle Awards -

Planning is well underway for the Memphis Area Association of Realtors Commercial Council’s 14th annual Pinnacle Awards ceremony, an evening dedicated to bringing commercial real estate industry professionals together and honoring them for their accomplishments in the previous year.

20. Loeb Properties Bullish on Center City Development -

When Loeb Properties Inc. acquired the warehouse at 2542 Broad Ave. in 1995, Aaron Petree, the company’s current vice president of brokerage, was just starting high school.

21. Drowning in Student Loan Debt -

Three-and-a-half years after graduating from the University of Tennessee-Knoxville, Yasameen Hoffman is still trying to land the kind of full-time job that will help her start paying off her student loan.

22. Memphis Industrial Market Rebounds in 2014 -

The upswing in the industrial real estate sector that started in 2012 and gained momentum in 2013 continued in 2014 and the Memphis market, fueled by several large transactions late in the year, should top 2013's level of around 3.2 million square feet of absorption.

23. Big Deals Highlight 2014 Real Estate -

In Inked, we like to highlight local real estate transactions and the often-interesting companies leasing or buying commercial real estate space in the Memphis market. We also like to keep you informed about major deals before they happen and track companies that are critical to the local economy. Here are some important items that appeared in Inked in 2014.

24. More Than One Way to Ring in New Year in Knoxville -

With gas prices dropping and the economy continuing to improve, Knoxvillians have much to celebrate as 2014 comes to a close. A number of venues and restaurants have festive plans for New Year’s Eve.

25. Ad Retargeting May Spoil Holiday Surprise -

When you shop Amazon for a product and then see that same product in a Facebook ad days later, it is certainly not a coincidence. It is a marketing strategy called ad retargeting, and it is dominating online advertising.

26. Target Bringing 400-Job Project to Memphis -

Memphis is poised to land hundreds of new jobs and retain several hundred more. Target will seek incentives from Memphis and Shelby County as early as next week for an online fulfillment center that will create over 400 new jobs.

27. Trader Joe’s: No Immediate Plans for Memphis -

Trader Joe’s doesn’t have any immediate plans to enter the Memphis market, the company said Wednesday, Dec. 3.

“A Memphis/Germantown store is not in our two-year plan at this time,” said Rachel Broderick, a spokeswoman for the sought-after specialty grocery chain.

28. Victorian Village Homes See Demand -

A new single-family residential project in the heart of Victorian Village is doing very well, thank you very much.

Five of the eights lots inside Planters Row II, a unique master planned community on Jefferson Avenue in Victorian Village between the Medical Center and Downtown core, are already optioned or under contract after the first day of sales, according to Scott Blake, president of Design 500 Inc.

29. More at Moore -

The large old trees on its campus and the large paned windows of its brick buildings indicate the William R. Moore College of Technology has been around for a while.

It was the idea of William R. Moore, a dry goods wholesaler, who left a $500,000 endowment to fund the institution following his death in 1909.

30. Thinking Independent -

The origin story, if it could be called that, for many of the shops and restaurants in the burgeoning Broad Avenue Arts District tends to start the same way.

Their future proprietors were in the area and just fell in love with it – the neighborhood, and sometimes a specific building. That’s the way it was for Lisa and Luis Toro, working to open the new store City & State at 2625 Broad Ave. in a few months, with the former describing the process of settling on a building as a little like falling in love with the right wedding dress.

31. Yellen: Awareness of Economists' Diversity Needed -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen says she wants to raise awareness of the need for diversity among economists, with relatively few women and minorities still choosing to major in economics in college.

32. Mixed-Use Project Looms for Former Lakeland Mall -

Get used to the name Lake District. You’ll probably be hearing more about it in the near future. Lake District is the new name for the revamped project being planned at the old Lakeland Factory Outlet Mall site.

33. Presenting Mid-October Economic Snapshot -

The heightened volatility month of October continued last week. On Wednesday alone, the Dow Jones Industrial Average moved nearly 460 points from its high point in the day to its low point (before closing in between). Granted, a 400-point move from a 16,000 altitude translates into much milder percentage moves when compared to a similar move off of a lower base, but with the number on CNBC constantly, it gives investors pause.

34. How Bad is Knoxville Crime? -

From murders to burglaries, most of Knoxville’s crime can be attributed to illegal drugs, police say.

But even as crime figures have remained static for years, where you live likely determines how you feel about crime and safety.

35. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

36. Whole Foods to Roll Out Rankings for Produce -

Whole Foods plans to start rolling out a system that ranks fruits and vegetables as "good," ''better" or "best" based on the supplier's farming practices.

Most notably, the supermarket chain says its "responsibly grown" labeling system for produce and flowers will prohibit the use of several common pesticides. The rankings will also take into account factors such as water and energy use.

37. Whole Foods to Roll Out Rankings for Produce -

Whole Foods plans to start rolling out a system that ranks fruits and vegetables as "good," ''better" or "best" based on the supplier's farming practices.

Most notably, the supermarket chain says its "responsibly grown" labeling system for produce and flowers will prohibit the use of several common pesticides. The rankings will also take into account factors such as water and energy use.

38. Obama Claims Progress on Wall Street Rules -

WASHINGTON (AP) – A year after prodding financial regulators to act more swiftly to rein in Wall Street, President Barack Obama on Monday claimed progress in toughening banking rules but urged bank overseers to consider additional ways to prevent the kind of risk-taking that precipitated the 2008 financial crisis.

39. University of Tennessee Students Help Design Nashville’s Future -

Nashville may be a city on the rise, attracting new residents by the droves. But it’s also a laboratory for students at the University of Tennessee-Knoxville’s College of Architecture and Design, where they are designing the communities of the future in partnership with the Nashville Civic Design Center.

40. Sprouts Confirms Lakeland, Germantown Stores in 2015 -

Sprouts Farmers Market, a fast-growing specialty grocery chain, has confirmed it will open two Memphis-area stores in 2015, one in Germantown and another in Lakeland.

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, organic and healthy food.

41. Stock Gains Lift US Household Wealth to Record High -

WASHINGTON (AP) – Strong stock market gains and higher home prices boosted Americans' net worth in the April-June quarter to a record high, a trend that could encourage more spending.

U.S. households also took on the most new debt in five years, driven mostly by student and auto loans. More borrowing can be a sign of confidence, although greater student debt can pose a burden for younger households.

42. Officials Vow to Help Cargill Workers Find Jobs -

The Greater Memphis Chamber says it will work with its partners to help displaced Cargill Inc. employees find new jobs.

43. Cargill to Close Memphis Corn Mill -

Cargill Inc. will close its Memphis corn mill in January, a move that will impact 440 employees.

The company said the closure of the facility resulted from the underutilization of the Memphis plant on Presidents Island and its location far away from the Corn Belt. The nearby corn oil refinery that employs 28 people will remain open and operate as a standalone facility, Cargill said.

44. Will More Rentals Slow Rising Home Prices? -

Hardly a day goes by that a residential real estate broker is not asked: “When will it end?”

Elliot Eisenberg, Ph.D., authors Elliot Eisenberg’s Brief Blog and sends it daily to subscribers. Here’s what he had to say on the subject in his August 25 edition:

45. Embracing Cremation -

As business decisions go, this was a tricky one.

Jeff and Steve Murphy, owners of Music City Mortuary, opened their Nashville business in 2001, catering primarily to the needs of other funeral directors, providing transportation, embalming and preparation services, shipping – everything a mortuary business provides.

46. 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.

47. Belmont Welcomes Largest-Ever Freshman Class -

If you graduated from Belmont 20 years ago, you might not recognize the campus today.

Near ceaseless on-campus construction and a huge spike in enrollment has changed the once-sleepy little school into a major player in Nashville and in national collegiate circles.

48. 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.

49. Fresh Market Debuts Midtown Store -

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

50. Cargill Inc. to Invest $45 Million In West Memphis Grain Facility -

Cargill Inc. will invest $45 million to build a grain handling and shipping facility in West Memphis, the company announced Friday, June 10.

51. Still Rock ‘n’ Roll -

When Jeff Nolan, the Hard Rock Café’s music and memorabilia historian, got to Memphis Sunday, June 29, to prepare for the next day’s preview tours of the new Hard Rock location at Beale and Second streets, he grabbed a bite to eat at nearby Rum Boogie Café.

52. Baptist Opening Dementia Center -

Baptist Memorial Health Care, with help from the Baptist Foundation and the Parker family donation, is opening a free resource center for patients and caregivers dealing with dementia or other memory-related issues.

53. Events -

Sales and Marketing Society of the Mid-South will host a roundtable with executive coach and HR consultant Judy Bell titled “Emotional Intelligence, the Predictor of Success” Thursday, June 26, from 7:15 a.m. to 8:30 a.m. at Cheffie’s Cafe, 483 High Point Terrace. Cost at the door is $20. Visit sms-midsouth.org.

54. Baptist Opening Dementia Resource Center -

Baptist Memorial Health Care, with help from the Baptist Foundation and the Parker family donation, is opening a free resource center for patients and caregivers dealing with dementia or other memory-related issues.

55. Events -

Kiwanis Club of Memphis will meet Wednesday, June 25, from noon to 1 p.m. at The University Club of Memphis, 1346 Central Ave. The guest speakers are Jessica Jackson and Amanda Yuen, administrators at Corning Elementary School, Kiwanis Club of Memphis’ Adopt-a-School. Cost is $18 for nonmembers.

56. Building Community -

The Carrington at Schilling Farms looks like an apartment community you might find in Downtown Memphis or a town square, but the development – Boyle Investment Co.’s first apartment project in more than 30 years – is in the heart of Collierville.

57. Dancing on Broad -

A person doesn’t have to look far to get a feel for the distinctiveness and the uniquely artistic hue that colors Memphis’ Broad Avenue neighborhood.

To cite one example: The neighborhood for eight weeks this summer is hosting a dance party.

58. Cates, Kornegay Look to Future While Honoring Colliers’ Past -

The memory is scorched in Andy Cates’ mind.

It was 2005 and Cates, just 29 years old at the time, was being made a partner at Colliers International Memphis, the commercial real estate firm.

59. Family Dollar to Close Stores as Shoppers Pinched -

NEW YORK (AP) – Dollar stores are feeling the pinch from mounting financial pressures on low-income shoppers.

Family Dollar said Thursday that will cut jobs and close about 370 underperforming stores as it tries to reverse sagging sales and earnings. The discount store operator will also permanently lower prices on about 1,000 basic items.

60. US Finally Regains the Jobs Lost in the Recession -

WASHINGTON (AP) – The U.S. economy has reached a milestone: It has finally regained all the private-sector jobs it lost during the Great Recession.

Yet it took a painfully slow six years, and unemployment remains stubbornly high at 6.7 percent.

61. Richmond Honan Buys Quince Centre for $10 Million -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $10.4 million
Sale Date: March 7, 2014

62. Fincher Outlines ‘Complicated’ Farm Bill Details -

The only active row-crop farmer in Congress has been on the road the last month talking particulars of a very complex farm bill with farmers not only in his West Tennessee district, which includes part of Memphis, but in five other states and other parts of Tennessee.

63. Warren Buffett Offers Lesson in Value Investing -

OMAHA, Neb. (AP) – Warren Buffett is offering a refresher course on his approach to investing in his annual letter to Berkshire Hathaway Inc. shareholders.

64. Memphis Firm Warns of IV Saline Shortage -

Memphis-based Comprehensive Pharmacy Services, the nation’s largest pharmacy services provider, issued an advisory to its more than 400 hospitals and health systems clients throughout the country to prepare for a protracted intravenous saline shortage.

65. New Housing Option Comes to Victorian Village -

Florence Hervery had been thinking about the next phase of her life for some time.

The 55-year-old Whitehaven resident had been mulling over a move Downtown, but she wanted a home, not a condominium or apartment, and was hesitant to move into the bustling Downtown core.

66. MRG Sees Flurry of Activity at Marion Center -

In 2008, Memphis-based Makowsky Ringel Greenberg LLC developed The Shops of Angelos Grove retail center in Marion, Ark.

67. RV Industry Shows More Signs of Recovery -

LOUISVILLE, Ky. (AP) – RV manufacturers expect to pass another milestone in their steady recovery from the recession that landed the industry in a deep ditch.

Led by sales growth for towable RVs and pricier stand-alone motor homes, recreational vehicle makers expect to ship more than 300,000 units to dealers' lots this year for the first time since the economic downturn battered the industry in 2008 and 2009.

68. Events -

Ignite Memphis, Vol. 6, will be held Tuesday, Nov. 19, from 7 p.m. to 10 p.m. at Crosstown Arts, 430 N. Cleveland St. Twelve Memphians will enlighten attendees on a variety of topics via five-minute, 20-slide presentations. Cost is $15. Visit ignitememphis.com.

69. Cos., Patients Shop for Better Health Care Deals -

Paul Freeman drove 600 miles last year to save himself — and his employer — thousands of dollars on his surgery.

70. For Jobless Over 50, A Challenging Search for Work -

EDITOR'S NOTE: Aging America is a joint AP-APME project examining the aging of the baby boomers and the effect this so-called silver tsunami is having on society.

ROCKFORD, Ill. (AP) — When Charlie Worboys lost his job, he feared searching for a new one at his age might be tough. Six years later, at 65, he's still looking.

71. Raymond James Boosts Local Community Efforts -

A new website and a significant sponsorship are two of the latest ways Raymond James Inc. is demonstrating its commitment to Memphis.

72. Business Lessons -

John Faraci answered without hesitation when asked this week about his biggest mistake as a corporate leader.

It was the $100 million plant he green-lighted for construction by International Paper Co., the Memphis-based company of which he is now CEO.

73. Eighth Serving -

Huey’s isn’t finished growing in Memphis.

The restaurant group with its distinctive burgers, checkered tablecloths and toothpick-filled ceilings is opening a restaurant in Germantown in about five months – the eighth Huey’s and the first new one in a decade.

74. Events -

The University of Tennessee Health Science Center will host Line Dancing for BLUES, in recognition of Infant Mortality Awareness Month, on Tuesday, Sept. 24, from 11 a.m. to 2 p.m. in the student alumni center, 800 Madison Ave. The event will include a line dance-a-thon, and information on infant mortality and the BLUES Project. Suggested donation is $5. Visit uthsc.edu/blues for details.

75. Rock’n Dough Pizza Opening in Jackson -

The little Memphis pizzeria that could will soon be opening a new location in Jackson, Tenn.

The Rock’n Dough Pizza Co., owned by Jeremy and Amanda Denno, is slated to open a new restaurant and microbrewery at the Jackson Walk development in Jackson in October. The Dennos will team up with veteran local brewer Ben Pugh to create signature suds at the 4,100-square-foot restaurant.

76. Some Employers See Perks of Hiring Older Workers -

Older people searching for jobs have long fought back stereotypes that they lack the speed, technology skills and dynamism of younger applicants. But as a wave of baby boomers seeks to stay on the job later in life, some employers are finding older workers are precisely what they need.

77. Jack Daniel's Prepares for its Largest Expansion -

LOUISVILLE, Ky. (AP) – Jack Daniel's is being served a $100 million-plus expansion of its rural Tennessee distillery to flex more muscle in the growing whiskey market.

The investment amounts to the largest single production expansion in the brand's long history. It will add stills and barrel warehouses at the Jack Daniel's operations in Lynchburg, Tenn., the brand's Louisville-based parent company, Brown-Forman Corp., said Thursday.

78. Room Race -

To illustrate the stiff competition Memphis faces in landing conferences and conventions because of hotel room capacity available in the city, Memphis-based hotel consultant Chuck Pinkowski points to a formidable foe just three hours away.

79. Memphis in the Meantime -

The city’s tourism and travel industry is thriving as a one-of-a-kind destination for leisure and business travelers, but industry insiders believe a larger, technologically updated convention center is needed in years to come if Memphis wants to remain competitive in bringing larger groups to town.

80. Esrael Celebrates 30 Years at First South Financial -

Even as a young man right out of graduate school, Craig Esrael knew how to spot an opportunity.

Three decades later, the president and CEO of First South Financial still sees value in banking on a smaller scale.

81. Harold Ford Sr. Buys Sycamore View Property -

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

82. Baptist Medical Group Buys Collierville Center -

Baptist Memorial Medical Group Inc. has paid $4.4 million for the 39,635-square-foot medical office building at 400 E. Market Blvd. in Collierville.

83. Grubb & Ellis Affiliates With New York Advisory Firm -

Grubb & Ellis-Memphis – a full-service commercial real estate firm serving western Tennessee, northern Mississippi and eastern Arkansas – has formed an affiliation with Newmark Grubb Knight Frank, a New York City-based commercial real estate advisory firm.

84. Grubb & Ellis Forms Affiliation With New York Advisory Firm -

Grubb & Ellis-Memphis – a full-service commercial real estate firm serving western Tennessee, northern Mississippi and eastern Arkansas – has formed an affiliation with Newmark Grubb Knight Frank, a New York City-based commercial real estate advisory firm.

85. Insurers Warn of Overhaul-Induced Sticker Shock -

Some Americans could see their insurance bills double next year as the health care overhaul law expands coverage to millions of people.

The nation's big health insurers say they expect premiums – or the cost for insurance coverage – to rise from 20 to 100 percent for millions of people due to changes that will occur when key provisions of the Affordable Care Act roll out in January 2014.

86. New Chassis Pool Co-Op Launches in Memphis -

The trucker-formed North American Chassis Pool Cooperative – the first of its kind – is launching its pilot program in Memphis this year.

The announcement follows the U.S. Surface Transportation Board recently approving the cooperative’s chassis pooling agreement, which will allow it to acquire and share chassis for intermodal freight transportation.

87. Year of Change for Smith & Nephew -

On the heels of laying off 63 employees in Memphis and as it grapples with challenging business conditions locally and worldwide, London-based medical device maker Smith & Nephew sees a bright spot in the Bluff City: the new Centre for Innovation.

88. Three Components Will Determine 2013 -

Forecasting 2013 The fiscal cliff episode proved bullish for stocks. Fearful asset owners facing tax code uncertainty pulled outsized income and capital gains into 2012. Sellers quickly became buyers to complete the tax arbitrage. For the week ended Jan. 9, investors poured $18.3 billion into stock mutual funds and ETFs, the largest combined inflow in five years. This capital re-commitment has propelled the S&P 500 3.25 percent higher in 2013. Does this mean that 2013 will continue to see fantastic equity returns? Domestic stock returns are driven by three primary components – earnings, dividends and valuations. Let’s consider each to arrive at our forecast.

89. Health Care Alignment Trend Accelerates -

The trend for alignment between hospital systems and private physicians hit the Mid-South in mid-2010 and has gained momentum since.

The area’s three major hospital systems – Baptist Memorial Health Care, Methodist Le Bonheur Healthcare and Saint Francis Healthcare – are padding their physician rosters with primary care doctors and specialists by acquiring practices in strategic locations throughout the Memphis market.

90. Helen of Troy Plans Build-to-Suit -

Helen of Troy Ltd., a manufacturer and distributor of household products, has finalized plans to build a 1.3 million-square-foot distribution facility in Olive Branch.

The $37 million facility will be constructed on a 77-acre site in the Whispering Woods development on Polk Lane in DeSoto County. CB Richard Ellis Memphis brokers Patrick Burke, Tommy Jackson and Jim Mercer represented Panattoni Development Co. in the land sale and build-to-suit negotiations to Helen of Troy, which closed on Dec. 28.

91. Countdown to Reform -

The Obama administration recently took the next step in implementing the new health care reform by laying out more specific guidelines regarding the health insurance market reforms. The Department of Health and Human Services published the new regulations on Nov. 20.

92. Memphis Primary Care Aligns With Baptist Group -

The trend of consolidation in the local health care industry marches on as Memphis Primary Care becomes the latest private physician practice to align with a major hospital system, joining Baptist Medical Group.

93. First National Expanding Into Memphis-Area Walmart Stores -

The New Year marks a major milestone for First National Realty Inc., as the Memphis-based residential real estate brokerage firm has plans to expand branch offices into 13 Walmart Supercenters in the Memphis metro area.

94. Greenline to Keep Growing in 2013 -

In the coming year, the Shelby Farms Greenline could move a bit farther west from Tillman Street, where it now ends, to the Poplar Avenue viaduct with a goal of linking up with the Broad Avenue Arts District.

95. New Brewery on Tap for Cooper-Young -

A new brewery is headed to Cooper-Young. 

Memphis native and craft beer enthusiast Drew Barton plans to open Memphis Made Brewing Co. LLC at 768 S. Cooper St. near York Avenue along with two other silent partners by mid 2013. The 6,000-square-foot space is adjacent to Signworks and owned by Richard Sullivan.

96. Software Industry Braces for New Phone Apps Rules -

WASHINGTON (AP) – A cellphone game for kids about U.S. geography, "Stack the States," gets rave reviews from parents. Its creator, Dan Russell-Pinson, considered making the 99-cent app better by adding a feature to allow children to play online against one another. But with the Federal Trade Commission issuing more stringent online child privacy rules, he's not even pursuing the idea.

97. Forensic Engineering Firm Opens Memphis Office -

Rimkus Consulting Group Inc., a Houston-based forensic engineering consulting firm, opened a new office at 1661 International Drive, suite 400, in Memphis Dec. 1.

98. Federal Review of Tobacco Products Grinds to a Halt -

RICHMOND, Va. (AP) – Talk about a smoke break.

Tobacco companies have introduced almost no new cigarettes or smokeless tobacco products in the U.S. in more than 18 months because the federal government has prevented them from doing so, an Associated Press review has found.

99. Forensic Engineering Firm Opens Memphis Office -

Rimkus Consulting Group Inc., a Houston-based forensic engineering consulting firm, opened a new office at 1661 International Drive, suite 400, in Memphis Dec. 1.

100. Brooks Brothers Relocating to Saddle Creek -

High-end clothier chain Brooks Brothers plans to open a new location at The Shops of Saddle Creek West in Germantown.

The New York City-based retailer will open in 7,500 square feet of space at 7509 Poplar Ave. by early June, taking over the two suites formerly occupied by Indigo and Talbots Men’s. Indigo last month relocated and expanded two spaces down into the old Natural Body Spa & Shoppe space.