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VOL. 131 | NO. 256 | Monday, December 26, 2016

Three Closing ASD Charter Schools Signal Larger Changes

KIPP Memphis Collegiate Schools plans to close a middle school it operates under the state-run Achievement School District at the end of the current school year.

Beale Street ‘Stuck at Status Quo’

When the guitar drops on Beale Street to mark the start of 2017, it will also mark three years that the Downtown Memphis Commission has been running day-to-day affairs of the Beale Street entertainment district.

2016: YEAR IN REVIEW

2016: Not Too Many Banking Industry Surprises

When shareholders of First Tennessee Bank’s Memphis-based parent company convened in April at the bank’s Downtown Memphis headquarters for their annual meeting, the whole thing wrapped up in about 10 minutes.

Last Word: Beale's Status Quo, The ASD and Change and Tri-State Bank's Big Year

Here comes the AutoZone Liberty Bowl … specifically the pre-game festivities. The day after Christmas will find both teams – Georgia and TCU – at Bass Pro Shops at the Pyramid for some food and some entertainment and probably some shopping. The game itself is Friday at 11 a.m.

Local Weather
Currently
Memphis, TN
75.0°F
Mostly Cloudy
Wind: Calm mph
Humidity: 82%

EVENTS

AutoZone Liberty Bowl Week kicks off with a team welcome party Monday, Dec. 26, at 5 p.m. at Bass Pro Shops at the Pyramid, 1 Bass Pro Drive. Join the teams as they enjoy dinner and entertainment while exploring Memphis' biggest destination experience. Tickets available only in select action packs. Visit libertybowl.org for ticket information and a schedule of bowl week events.

more events »

Memphis Residential Real Estate Market Remains Healthy in 2016

A strong year in the Memphis-area residential real estate market has the potential to carry over into 2017 and even beyond.

LAST WEEK'S MOST POPULAR

New Director Wants to Raise Memphis Botanic Garden’s Profile

The Memphis Botanic Garden long ago ceased being a place to just stop and smell the roses. While a rose garden is one of 28 specialty gardens spanning 96 acres, events and promotions have more recently provided MBG’s identity to the community, especially The Live at the Garden concert series.

$950M Deal Would Make Fred's No. 3 Nationwide

Memphis-based Fred’s Inc. has agreed to buy 865 Rite Aid stores from Walgreens Boots Alliance Inc. and Rite Aid Corp. for $950 million, which will make Fred's the third-largest drugstore chain nationwide.

Frugal Home Finds Specializes In Upscale Furnishings, Customer Service

It all started with a $6 ladder bookshelf. Two years later, Frugal Home Finds’ 9,000-square-foot storefront is a cult classic for high-end furniture enthusiasts and designers in Memphis and around the Mid-South.

St. Jude Caps Busy 2016 with Investment Announcement

St. Jude Children’s Research Hospital is once again ending the year on the cusp of major change, the year end again drawing a line underneath a period of significant expansion for the hospital while it looks ahead to much more to come.

County Commission Approves Specific Minority Contract Percentages

Shelby County Commissioners gave final approval Monday, Dec. 19, to a resolution that sets specific percentages for specific minority and other groups for getting a share of county government contracts.

MEMPHIS AREA

Fred's, A Small Drugstore Chain, May Become National Player

NEW YORK (AP) – Fred's, a small regional drugstore chain from Memphis, Tennessee, had a very good week last week.

STATEWIDE

New Tennessee Nursing Home Admissions Banned Amid Violations

NASHVILLE, Tenn. (AP) – Tennessee health officials have banned a nursing home from taking in new residents due to violations.

Driver in Fatal Chattanooga Bus Crash Given Extra Training

CHATTANOOGA, Tenn. (AP) – The driver in a school bus crash that killed six Chattanooga children had been given additional training after previous traffic accidents in the months before the fatal wreck.

AUTO INDUSTRY

GM's Main China Venture Fined $29M in Anti-Monopoly Case

BEIJING (AP) General Motors Co.'s main joint venture in China was fined $29 million on Friday on charges it suppressed competition by enforcing minimum sales prices for dealers, the latest in a string of penalties against foreign auto brands under the country's anti-monopoly law.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 105 105 9,674
MORTGAGES 82 82 11,396
FORECLOSURE NOTICES 17 17 1,651
BUILDING PERMITS 134 134 20,444
BANKRUPTCIES 58 58 6,495
BUSINESS LICENSES 27 27 3,473
UTILITY CONNECTIONS 48 48 4,031
MARRIAGE LICENSES 32 32 2,211

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