VOL. TMN-6 | NO. 47 | Saturday, November 16, 2013
Memphis institutions staying close to home for top executive searches
The T-shirt is plain and black with a simple logo that reads “Eat Local,” and if you see someone wearing it, the chances are pretty good they work at a locally owned restaurant.
It’s a coincidence that this week's cover story is on leadership, as word came of the planned retirement at year's end of William Hudson, president of the Memphis Area Transit Authority.
EMPHASIS Financial Services
Banks, financial institutions sponsor and help fund civic efforts throughout community
Attendees on the opening night of the Indie Memphis Film Festival a few weeks ago saw splashed on movie screens, before their features got underway, the logo of Memphis-based investment firm Duncan-Williams Inc. and its two-word motto of “Do Well.”
Imagine having to calculate the sales tax for your product sold across every state in the country.
As the two banks with the biggest customer deposit shares in Memphis, First Tennessee Bank and Regions Bank must stay closely in touch with their clients’ checking and online banking needs.
Lipscomb & Pitts was founded on Oct. 1, 1954, by Mathew Lipscomb Jr. and John Pitts, both veterans of World War II who had come home to become the top two sales leaders in the southeast for Liberty Mutual Insurance Co.
THE MEMPHIS NEWS ALMANAC
2012: On the front page of The Daily News, civic leaders in Millington formally opened the long-awaited extension of Veterans Parkway north of Navy Road.
Vacant properties causing headaches thanks to owed taxes
The brick church at 299 Chelsea Ave. in North Memphis shows up in records at the Shelby County Assessor’s office as “vacant land.”
The St. Louis Cardinals baseball organization has a tentative deal with the Memphis Redbirds Baseball Foundation and the city of Memphis in which the Major League Baseball organization would buy the Memphis Redbirds team and city would buy AutoZone Park.
The ServiceMaster Co. plans to spin off its TruGreen lawn care business at the end of 2013 after several years in which the Memphis-based collection of residential- and commercial-services companies has struggled with the right business model for the TruGreen brand.
Mobile unit would put dent in homeless animal numbers
The Humane Society of Memphis & Shelby County wants to take its spay and neutering services to the streets, but the nonprofit organization needs the help of local businesses to get the initiative rolling.
Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.
Shelby County homebuilding activity cooled in October, with builders filing fewer permits and selling fewer new homes compared to October 2012.
Early crowds strong for Vesta Home Show
The Vesta Home Show kicked off over the weekend, with large crowds turning out to explore six new homes in a gated Germantown community.
Shelby County home sales slowed slightly in October, with Realtors selling fewer homes compared to the same month last year, according to real estate information company Chandler Reports.
A new food and grocery business opening in the Laurelwood Collection this week will seek to draw in foodies and health-conscious shoppers with a distinctive product focus.
Germantown’s amenities shape its future
Walker Taylor’s business philosophy is a simple one, and it’s helping keep his Germantown-based restaurant a must-visit for diners from around the world.
There were lots of judges on hand as Shelby County District Attorney General Amy Weirich opened her re-election campaign Sunday, Nov. 10.
More than $2.5 million in research grant money has been transferred to The University of Tennessee Health Science Center following associate professor Dr. Stephania Cormier’s move to the college earlier this year.
University of Tennessee Health Science Center outlines master plan
The University of Tennessee Health Science Center hosted a public information session on the development of its new campus plan last week at the Student-Alumni Center Dining Hall on its Midtown campus at 800 Madison Ave.
If you think Midtown’s recent momentum, particularly in and around Overton Square, is real growth, you are right.
After years of talking about new parking meters and more aggressive enforcement of the Downtown and Medical Center on-street parking governed by the meters, city leaders thought it best to bring out the new meters as proof that the change is actually about to happen.
The Grizzlies are going out on a four-game road trip that starts with a Friday, Nov. 15, game in Los Angeles against the Lakers. Maybe a change of scenery will do them good. After a 3-5 start to the season that feels even worse than the record, a change of scenery is as good an idea as any.
An open letter to America’s Best Coach …
Barbara Daush, president of St. Agnes Academy and St. Dominic School, has recently been named chairwoman of the Southern Association of Independent Schools.
MEMPHIS LAW TALK
To wrap up October as Pro Bono Month, Pamela Williams Kelly of the Law Offices of Pamela Kelly was presented with the Celebrate Pro Bono Award from the Memphis Bar Association Access to Justice Committee and the Memphis Area Legal Services Pro Bono Project.
Tonja Sesley-Baymon has been appointed president and CEO of the Memphis Urban League by its board of directors. Sesley-Baymon, who has worked with the league for eight years, previously served as programs director for the 70-year-old organization. In her new role, she will provide executive leadership to the league and advocate on behalf of social justice and economic issues affecting Memphis.
REAL ESTATE RECAP
2700 Poplar Ave., Memphis, TN 38112, Sale Amount: $7.9 million -
Wayne, Va.-based self-storage real estate investment trust CubeSmart LP has sold the U-Store-It facility at 2700 Poplar Ave. in the 38112 ZIP code for $7.9 million.
IT’S NOT THE RIDE. IT’S THE DESTINATION. The guy driving this thing is from Chicago. And the way they get places in Chicago isn’t pretty.
Ray’s Take Black Friday may be getting close, when the rush of holiday shopping begins in earnest, but I’m already seeing decorations up. You could do yourself, your wallet and your loved ones a big favor by skipping all the crowds, hassles and budget-busting store temptations by dedicating this season to a homemade Christmas.
HOT SPRINGS, ARK. – “Old Pond” cartoonist / big hit at haiku Hot Springs: / Jessica Tremblay.
A patent is a property right over an invention, designed to prevent others from gaining free access to technology they did not develop. Owning a patent deters infringement but sometimes requires monitoring the marketplace to enforce its patent.
Google holds the title of world’s most powerful search engine with comScore reporting an estimated 13 billion searches in July of this year compared to the next largest competitor, Bing, with 3.5 million. It’s no wonder why businesses of all sizes are allocating significant financial and labor resources toward improving their Google search rankings, a practice called search engine optimization, or SEO.
Markets bounced around a bit last week due to the continued volley between economic/earnings expectations and interest rate expectations. As a market observer, you must fully grasp this dynamic to translate daily volatility.
With an estimated 10 percent of the workforce employed in the nonprofit sector, retirement benefits can be a factor that impacts individual employees as well as the nonprofits they work for.
I recently experienced one of the proudest and most poignant moments of my career as an educator during the Elevating and Celebrating Effective Teaching and Teachers (ECET2) convening, a teacher-inspired, teacher-led conference held Nov. 7 and 8 at the Mid-South Convention Center in Robinsonville, Miss.
What do you call a single cell in a huge body acting counter to the general flow of a body? A rebel cell.