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VOL. TMN-6 | NO. 49 | Saturday, November 30, 2013
Weekly Issue

Shopping Spree

Retailers hope Black Friday crowds outperform lukewarm forecast

Retailers have been gearing up for a frenzied Black Friday, marking the beginning of the holiday shopping season, but industry experts expect a lukewarm year compared to moderate growth in 2012.

Editorial: Time to Give Thanks for Each Other

The first Thanksgiving wasn’t called Thanksgiving and it was probably in October, according to “Mayflower,” Nathanial Philbrick’s recent chronicle of the founding of the first English colony in America.

EMPHASIS Health Care

Health Care Impact

Salvation Army Kroc Center playing role in improving city’s fitness

Local fitness organizations like the Kroc Center have seen increased membership numbers this year as more people in the Mid-South are working to get fit and taking an active role in their overall health.

Church Health Center Expands Wellness Facility

Church Health Center Wellness is expanding its medical presence within its 80,000-square-foot wellness and fitness center as part of an increasingly integrated health care philosophy, adding five exam rooms to accommodate demand from its uninsured, working patient population.

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Ludlow’s Boot Camp Takes Fitness to Higher Level

While there are those people who jump headlong into exercise, pulled in by the rush of endorphins and an eagerness to look and feel better, others need a push.

Barrett’s Business Has Races Covered From Start to Finish

For Brent Barrett of Start2Finish Events, small-business ownership is a marathon, not a sprint.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: November 29-December 5

2012: The Yorktown, a 257-foot cruise boat, left Memphis after a two-week stay on the Memphis riverfront because of Hurricane Sandy on the Atlantic Coast. Sandy caused the cruise ship to arrive in Memphis a week early. Meanwhile the Grand Caribe cruise ship was due the second week in December. The Queen of the Mississippi was in Memphis that Nov. 24 in advance of 24 scheduled stops in Memphis in 2013. The American Queen, the world’s largest steamboat, was due in its homeport of Memphis that Dec. 2.

Beaten Path

Grant brings facelift to Shelby Farms Park’s popular Tour de Wolf

Footprints and fat tires have taken their toll on the Tour de Wolf Trail at Shelby Farms Park, and signs of its overuse are evident all along the roughly 6-mile path.

Sources: AutoZone Park Price ‘South of $24 Million’

The price tag for the city of Memphis to acquire AutoZone Park would be “south of $24 million,” according to two sources familiar with the negotiations.

Memphis Designer Puts Personal Touch on Denim Line

If you’re wondering where Memphis fashion designer Derrick Gooden gets his talent, you could say it’s in his jeans.

Fresh Market, Whole Foods Seek Approval From Boards

Two planned high-profile grocery stores will be seeking regulatory approval in the coming weeks.

Bitcoin Gains Popularity in Memphis

Bitcoin has arrived in Memphis.

Gift of Happiness

SRVS angel program brings happy holidays to clients

Rebecca Gamble came to become a client of SRVS when she was just 9 years old. Gamble was born with a developmental disability and her parents could no longer care for her so they turned to SRVS, which has housed and nurtured Gamble since 1997.

State Lease Bolsters One Commerce Square

F. Scott Fitzgerald once said there were no second acts in American lives.

Social Lunch Preps for Memphis Launch

A new social lunch event called Lunchbox is preparing to launch in Memphis next month, the product of business partners who left San Francisco this summer to come to Memphis and build a creative venture here.

U of M Faces Challenging End of Year

It is proving to be a restless fall at the University of Memphis as interim President Brad Martin pulls into focus several short-term goals that will have a long-term impact on the future of the city’s largest institution of higher learning.

WinterArts Fosters Appreciation of Craft Artists

Often when Memphis weaver Felicitas Sloves shows her work, she has to explain to people exactly what goes into each intricately designed bag, scarf, wrap and bracelet.

Birthday Bash

Shangri-La Records celebrates 25 years with big concert

The concert that Memphis music legends the Grifters are playing Saturday, Nov. 30, at Minglewood Hall’s 1884 Lounge holds significance beyond the chance to see the indie rockers one more time this year.

Suburban Leaders Turn to Schools Details

Shelby County Schools board members have schools agreements with suburban leaders in Bartlett, Collierville and Millington on their agenda Tuesday, Nov. 26, a week after approving the same type of agreements with different dollar amounts with Arlington and Lakeland.

Grizz Make Adjustments Without Center Gasol

In the immediate aftermath of All-Star center Marc Gasol’s knee injury, frontcourt mate Zach Randolph had a simple plan.

Schools Deals Get Pushback From Some Commissioners

The first dissent from the idea that the suburban schools agreements are a good deal in which no side got everything it wanted began when the six sets of talks, which began in June, went public.

Frustration for Fox Meadows Residents

When the owner of Knight Arnold Food and Fuel gas station and convenience store was allowed to reopen his business last month, homeowners and community groups in the Fox Meadows area were furious.

Tools to Succeed

Memphis College of Art works to improve graduates’ chances

If Memphis College of Art President Ron Jones has anything to do with it, there will be no starving artists among the ranks of the college’s future alumni.

As Elections End, New Campaigns Begin

The day after the last elections of 2013 in Shelby County were decided, candidates for the Shelby County offices on the ballot in 2014 could begin pulling qualifying petitions to run.

Music Veterans Record Song to Benefit St. Jude

The efforts of St. Jude Children’s Research Hospital have been the focus of an outpouring of financial and charitable support in recent weeks, the latest example of which is a song by music industry veterans to raise money for the hospital.

Schools Agreements Involve Art of Settlement

Technically, the suburban Shelby County governments that have reached tentative agreements with Shelby County Schools are not paying, in those agreements, for school buildings.

SPORTS

NBA Uses More Ways to Prove ‘Numbers Don’t Lie’

Walk up to an ATM, and you’re on camera. Walk into a convenience store, and you’re on camera. Walk onto an NBA court during game time, and you’re not only on camera but every movement you make – or don’t make – will be tracked, sifted, analyzed.

Abundance of Diet Soda Starts Stats Revolution

One man, one room, one micro-fridge stocked with diet soda.

MEMPHIS STANDOUT

Choosing Memphis Right Path for Carroll

Although John Carroll didn’t grow up a part of Memphis, the city has become a part of him.

MEMPHIS LAW TALK

Rainey Kizer’s Dexter Named Board Chair for Girls Inc.

Latosha Dexter, an attorney with Rainey Kizer Reviere & Bell PLC, has been named board chair of Girls Inc. of Memphis, as well as the organization’s Mentor of the Year.

MEMPHIS NEWSMAKERS

Nelson Takes New Role at Alliance for Nonprofit Excellence

Amanda C. Nelson has joined the Alliance for Nonprofit Excellence as director of consulting, a newly created position. Nelson will oversee, coordinate and promote the alliance’s management consulting services, and manage its three-year capacity-building program, the Program for Nonprofit Excellence.

REAL ESTATE RECAP

Embassy Suites Memphis Sells for $24.8 Million

1022 S. Shady Grove Road, Memphis, TN 38119, Sale Amount: $24.8 million -
An affiliate of Chicago-based hotel asset manager Lodging Capital Partners LLC has paid $24.8 million for the Embassy Suites Memphis hotel at 1022 S. Shady Grove Road in East Memphis.

SMALL BUSINESS SPOTLIGHT

Shoreline Building Business One Custom Job at a Time

You may not be aware of the creations of Shoreline Custom Woodworks, yet you may very well have placed your beer down on one of their bar tops, eaten a favorite entrée from a tabletop or maybe even passed a bid proposal across a custom-made conference table.

LOCAL COLUMNISTS

Renewal of Life

LOOK FOR THE WONDER. REPEAT. I wrote about this last year. This year, just last week, it happened again.

Impulse Buying Can Come at a High Price

Ray’s Take There’s a billion-dollar reason the racks of magazines, candy, and soft drinks are right by the checkout counters and at check-out on many a website. It’s called impulse buying, and it’s as bad for your budget as those candy bars are for your waistline.

Etched in Stone?

“Virtue is like a rich stone, best plain set.” Francis Bacon wrote that.

Entrepreneurs Not Always Leaders, and Vice Versa

Seventy percent of startup businesses fail within the first 10 years, according to a 2013 study conducted by Bradley University and the University of Tennessee. It’s a devastating reality given that the lion’s share of those are small businesses, from which more than half of domestic sales are generated.

Gifts That Keep On Giving

Let the holiday season begin! Thanksgiving ushers in six weeks of busyness as we reunite with family and friends for dinners, parties, and holidays such as Hanukkah, Christmas and New Year’s Eve.

Define Your Core Business

Most successful new businesses begin by taking advantage of a new, untapped opportunity that develops in the marketplace. These businesses can grow organically for many years by continuing to take advantage of their formula for success.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 154 13,810
MORTGAGES 0 193 18,019
FORECLOSURE NOTICES 0 39 3,544
BUILDING PERMITS 0 430 32,733
BANKRUPTCIES 0 130 13,133
BUSINESS LICENSES 0 45 4,750
UTILITY CONNECTIONS 0 204 20,104
MARRIAGE LICENSES 0 33 4,230

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The Memphis News: Business, politics, and the public interest.