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VOL. TMN-8 | NO. 51 | Saturday, December 12, 2015
Weekly Issue

The Right Fit

Memphis turns to 34-year-old Mike Norvell to help Tigers football take the “next step”

It was the middle of the season and the Tigers were rolling along at 7-0. They had climbed to No. 16 in the national polls and Paxton Lynch was being talked about as potentially the best quarterback in next spring’s NFL Draft.

THE MEMPHIS NEWS EDITORIAL

Editorial: Tommy West’s Prophecy and Tigers Football

As the University of Memphis football team’s Oct. 17 upset of Ole Miss became apparent with time still on the clock, there was a moment from the prophetic past in the ESPN television broadcast.

Four Memphis Schools Join ASD in 2016-2017

Four Memphis schools will be added to the state-run Achievement School District in the 2016-2017 academic year. All four will be paired with charter operators.

Cashman to Retire From Urban Child Institute

Urban Child Institute president and CEO Eugene Cashman has announced he will retire effective Jan. 1.

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WEEKLY DIGEST

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EVENTS

Stax Music Academy will perform its holiday concert, “Home for the Holidays,” Thursday, Dec. 17, at 7:30 p.m. in the Cadre Building, 149 Monroe Ave. Tickets are $10 in advance or $15 at the door; children under 16 are free. Call 901-946-2535, ext. 250, to buy tickets.

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‘Entertainment Destination’ Planned for Downtown’s South End

A local developer has plans to transform a city block in Downtown Memphis’ South End into an “entertainment destination” modeled after a popular New Orleans establishment.

Salinger Lawsuit Dismissed By Publishers

The Memphis independent book publishers who sued the trust of the late author J.D. Salinger last March over three Salinger short stories published in 2014 have dismissed the federal lawsuit.

Strickland Names Council Member to Inner Circle

Memphis Mayor-elect Jim Strickland is taking an outgoing city council member and the council’s longtime administrator with him when he becomes mayor next month.

Strickland Names 6 Chiefs to Report Directly To Mayor

Memphis Mayor-elect Jim Strickland rounded out his team of top advisers and division directors with six appointees who will report directly to him – a structural change to how previous mayoral administrations have worked.

Beale Board Approves Lease With City

The Beale Street Tourism Development Authority has approved a 25-year lease agreement with the city with five renewal options of 15 years each beyond that. But there are signs of discord between the city and an old Beale Street entity that was supposed to stand down in the transition.

THE MEMPHIS NEWS ALMANAC

This week in Memphis history: December 11-17

2014: Gov. Bill Haslam announces Tennessee will expand its Medicaid program under a proposal similar to one used by the state of Arkansas. Haslam dubs it Insure Tennessee and calls a special session of the Tennessee Legislature in January 2015 for what he anticipates will be quick passage of the program. Instead, legislators defeat the program and quickly adjourn the special session.

EMPHASIS Regional Business

Oxford Feels Stress from Development Boom

Kent Wunderlich travels to Oxford, Miss., often, in part because his grandson is the kicker on the University of Mississippi football team.

Interstate Numbers Fuel Mississippi Economic Development

Highway, routes and interstates can be a numbers game when they show up on maps.

Grizzlies’ Footprint Growing Across Region; Redbirds, RiverKings Try to Hit Their Niches

Decades ago, the St. Louis Cardinals used their vast radio network to extend their brand across the middle of America. Even today, they have more than 130 affiliated stations in eight states.

Wharton Touts Memphis’ Emergence in Exit Interview

He didn’t win re-election, but A C Wharton says he did change the city’s politics in his six years as mayor.

Stewart File To Go Public No Later Than Next Week

District Attorney General Amy Weirich is preparing to make public the Tennessee Bureau of Investigation file on the fatal police shooting of Darrius Stewart no later than Tuesday, Dec. 15. And the file will include videos.

District 5 Council Race Produces Highest Campaign Spending Of Runoffs

All that’s left of the 2015 Memphis elections are the year-end campaign finance reports and the campaign loans that some candidates took out to make it to election day.

Vanderbilt Study Compares ASD, I-Zone Achievement

Add a new study from Vanderbilt University’s Peabody College to the local debate about the two school sets aimed specifically at turning around Tennessee’s failing educational institutions.

Dixon Museum Renovations, Upgrades Enhance Possibilities

Upgrades to HVAC systems aren’t always sexy, but those types of improvements can make the difference in a museum getting an exhibit or being passed over for institutions with more up-to-date facilities.

One Step Initiative Taking Education Beyond Memphis

For some high school seniors, college is the first time they leave home. For others, college isn’t in the cards. A local nonprofit, One Step Initiative, is looking to make college a nearer possibility by sending high school seniors abroad and providing them with ongoing professional support.

Levitt Shell Modernizes With $4M In Renovations and Additions

The Levitt Shell will add new sound and light systems and load-in area as well as a gathering place for food and concessions from two adapted trolley cars and have four permanent hilltop spaces with wooden decks for private parties.

ZeroTo510 startup SweetBio raises another $900,000

One of the most recent companies to participate in the Memphis Bioworks Foundation’s ZeroTo510 medical device accelerator program has raised another $900,000 in venture capital funding.

AutoZone Profit, Sales Up in Latest Quarter

Ahead of its annual meeting in Memphis next week, AutoZone’s fiscal first-quarter results for the period ended Nov. 21 showed the car parts retailer working to deliver on its 2016 operating mantra: “Yes, we’ve got it.”

Memphis Opens DNA Storage Facility for Rape Kits

The Memphis Police Department’s new $1 million property- and evidence-storage facility marks a milestone, according to top city and law enforcement leaders. To them it is an important point in the city’s three-year quest to clear a backlog of more than 12,000 unprocessed sexual assault kits that date back to the late 1970s.

Memphis, Shelby County Home Sales Rise in November

Memphis is closing out 2015 on a high note, with 1,099 total home sales recorded for November.

Shelby County Mortgage Market Up 18 Pct. in November

When Sam Goff gets phone calls these days from prospective homebuyers wanting to start the mortgage loan process, the conversations tend to start the same way.

December Welcomes Batch of Memphis Holiday Markets

By the time everyone has put up the tinsel, taken down the trees and is counting down the days until 2016 arrives, the month of December will have seen at least half a dozen holiday markets, stores and pop-up shops unfold around Memphis.

County Commission Attorney Dispute Deepens

Shelby County Commission chairman Terry Roland says the commission’s dispute with county Mayor Mark Luttrell over hiring its own attorney could wind up in Chancery Court after the holidays.

County Commission Ends Year With Nonprofit Grants

Shelby County Commissioners met for the last time in 2015 Monday, Dec. 7, in an hour-long session void of any arguments about money or attorneys. They focused on a set of grants for local nonprofits instead.

SPORTS

Grizzlies Know Survive and Advance Isn’t Just a Motto for Postseason

When the Memphis Grizzlies saw their 2015-16 schedule, they knew from season’s start to mid-December would be especially challenging.

So Far, Grizzlies Fail the Eye Test

In this day and time we hear a lot about statistics and analytics vs. the eye test.

A Bowl Game, By Any Name, Is a Chance for Another Victory

Once upon a time, all you needed was a tuft of Cotton, a taste of Orange, a simple Rose and a cup of Sugar. That was your college football bowl season.

College Football Notebook: Vols Get Bowl Upgrade, All-SEC Teams Named

Last season, coach Butch Jones got Tennessee back to a bowl game. This season, they’ve moved up from the TaxSlayer Bowl to the Outback Bowl on New Year’s Day.

Struggling Titans Step Up Their Game for Mularkey

The biggest positive for the 2015 Titans is that they continue to fight.

REAL ESTATE RECAP

Bass Berry & Sims Plans $2.1 Million Renovation

100 Peabody Place, Memphis, TN 38103 -
The Downtown Memphis office of Bass, Berry & Sims PLC is about to undergo a $2.1 million interior renovation.

SMALL BUSINESS

S.Y. Wilson and Co. Enters New Era in Arlington

Kim Winstead found retirement boring.

NEWSMAKERS

Curry Named President of Evaporcool

Chris Curry has been named president of Evaporcool Solutions LLC, a Memphis-based company whose proprietary Evaporcool System improves the energy efficiency of air conditioning and refrigeration units. In his new role, Curry will be responsible for leading all aspects of the company as it looks to aggressively expand its business.

TENNESSEE LEDGER

Planning the Perfect Wedding

From venues (rustic?) to cell phone policy (ban them!)

Weddings begin with the venue. “A venue holds everything,” says Kristin King, who is opening a new event facility, The Sloane, in Nashville’s Gulch area in 2016.

Autonomy Comes With Risk for State’s Universities

Tennessee officials are lauding Gov. Bill Haslam’s plan to restructure higher education in an effort to meet his goals for the Drive to 55.

LOCAL COLUMNISTS

Five Ways To Improve Donor Relations

We trust your year-end fundraising is going well. Perhaps you gained new donors during Giving Tuesday. Maybe your fundraising appeal letter is generating increased gifts from current donors. Perhaps your long-term donors are thinking of you as they complete their charitable giving for the year. In all cases there are people to thank and a “donor relations” program to launch or improve. There is much a small- to mid-sized nonprofit can do to engage and retain its donors. Here are five suggestions.

Christmas in Kentucky

A brisk late afternoon in early December is made more enjoyable under warm blankets while sipping bourbon ciders on a hayride through the Kentucky hills. The sun sets on a blue sky afternoon in Shaker Village of Pleasant Hill, and the white lights hanging from the trees begin to flicker.

Expand Sales Team Reach Without Headcount

This column is the fourth in an 11-part series on the Top Ten 2016 Marketing Trends. Check back for the remainder of the series and a deep dive into each of these trends.

Navigating Holiday Parties

Office holiday parties can often feel like a drag. There’s frequently an expectation that you must attend and bring your spouse. In addition to the stress of taking time out of your personal life for a work event, you must find childcare, pick out the perfect holiday attire and convince your spouse that this evening is important.

Why Relationships Are Essential To Research

Beth Werner, Head of Retail Research and Vision at Bose

Pound of Poetry, Part 4

Ezra Pound’s 1940-1943 broadcasts over Roma Radio, for the Fascist-controlled Italian government, “were written in a vigorous erudite subtly-cadenced prose style [similar to] his Cantos .... It was a style that guaranteed he would have no success with a radio audience” (R. Wernick).

Beware Thyself

Over the last 13 months, or 262 trading days, the S&P 500 has produced a 0% return while the Barclays total bond market index has produced an enviable 1%. Over the last several weeks I have received several calls and emails from clients, fatigued by sideways markets that want to “do something” about it.

A Great Zoo. A Great Embarrassment.

IF YOU CAN PARK A HIPPO, YOU CAN PARK AN SUV. “Finally,” the young TV reporter said, “somebody who’s happy with the zoo.”

It’s a Balancing Act

Ray’s Take Work-life balance is something we’ve talked a lot about in recent years. It feels as if we all have to work harder and longer to get what we want in life. It’s hard to say if whether we’re earning less or wanting more. So how do you balance the work part with the life part?

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 82 82 19,655
MORTGAGES 75 75 22,989
FORECLOSURE NOTICES 0 0 8,305
BUILDING PERMITS 138 138 40,167
BANKRUPTCIES 72 72 13,176
BUSINESS LICENSES 9 9 6,146
UTILITY CONNECTIONS 52 52 13,048
MARRIAGE LICENSES 30 30 4,872

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