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VOL. 131 | NO. 43 | Tuesday, March 1, 2016

City Council to Discuss Greensward Controversy

The next setting for the Overton Park Greensward controversy isn’t the park. It is City Hall.

Council Approves Zoo Control of Overton Greensward Section

Memphis City Council members voted 11-1 Tuesday, March 1, to grant the Memphis Zoo control of the northern part of the Overton Park Greensward.

AutoZone Sees 8 Percent Gain in Second-Quarter Profit

When gas prices are low and falling, consumers who have more money in their wallet to spend on other things than fueling up aren’t the only ones who are happy.

Strickland Says $136.1 Million In Capital Surprises 'Kick in the Shin'

The city has to put up $30 million over five years to match a $30 million federal grant the city got in 2015 for the South City development, including demolition and redevelopment of the Foote Homes public housing development.

Tennessee Primaries Go To Voters

After a flurry of weekend campaigning in which four of the presidential contenders, three Republicans and one Democrat, came through Shelby County looking for votes, the Tennessee presidential primaries will be decided Tuesday, March 1, at the polls.

Local Weather
Currently
Memphis, TN
49.0°F
Mostly Cloudy
Wind: South at 8.1 mph
Humidity: 50%

EVENTS

University of Memphis Rudi E. Scheidt School of Music will host Jazz Week 2016 with nightly concerts Tuesday through Saturday, March 1-5, at 7:30 p.m. in Harris Concert Hall, 3775 Central Ave. Most concerts are free. Visit memphis.edu/music for a schedule.

more events »

Luttrell Declares for Congressional Bid

Shelby County Mayor Mark Luttrell announced Monday, Feb. 29, that he will be a candidate in the August Republican primary for the 8th Congressional District.

Mud Island Management Search Narrows to Two

A committee reviewing proposals to manage the Mud Island River Park has narrowed the field of four contenders down to two.

City Considers Seeking Delay In Warren and Tulane Apartments Move Out

There is a move at City Hall to call for a delay in the relocation of tenants out of Warren and Tulane apartments, the two apartment complexes owned by Global Ministries Foundation, that have failed two federal inspections.

Last Word: Election Day, Luttrell Makes It Six, And About "Executive Sessions"

Can You Feel It? Tuesday is election day in Memphis and across the state in this presidential election year. And all indications are the turnout locally should be above the 24 percent mark we’ve been at in the last two presidential election years.

Stop Trump Efforts Intensify As Election Day Arrives

It’s hard to gauge how far it is going. But the “Stop Trump” effort among local and state Republicans includes trying to talk Democrats into crossing over and voting in Tuesday’s Tennessee Republican presidential primary.

Hopson: Help ASD Improve, At Least for Now

The state-run Achievement School District has a problem in how it engages with the public, especially in areas where it is about to take over a school.

Grizzlies' Wright Out Indefinitely With Sprained Right MCL

MEMPHIS, Tenn. (AP) – Grizzlies forward-center Brandan Wright is out indefinitely after an MRI exam found a sprained medial collateral ligament in his right knee.

Pugh’s Cites Marketing In 40-Year Success

Pugh’s Flowers co-owner Michael Pugh might have seemed out of place a few weeks ago when he stood in front of an audience of marketing professionals to address the Memphis Public Relations Society of America’s Memphis chapter.

Lynch at NFL Combine, UT Troubles, Memphis Carries Senior Day

Paxton Lynch went through all the drills – physical and mental – at the NFL Combine in Indianapolis and, brace yourself for this deep insight, but the “experts” feel confident that his pro career will land somewhere between Tom Brady and Tim Tebow.

EMPHASIS Commercial Real Estate

Poplar Opens Up

Sears, Kroger, Eastgate tenant to close

The prized retail stretch of Poplar Avenue between Perkins Road and Interstate 240 is shaking up in a way the area hasn’t seen in several decades. Within the next two years, more than 230,000 square feet will be made available in what has historically been a tight trade area.

Numbers Show Memphis’ Commercial Real Estate Market Stable in 2015

Across all sectors, the Memphis market was stable in 2015.

Retail Projects in Memphis Suburbs, Oxford Staple of Trezevant Realty Corp.

Germantown-based Trezevant Realty Corp. has deep roots in the Mid-South commercial real estate market, and the uptick in the economy has more projects moving full-steam ahead.

GOVERNMENT AGENDA

March 1 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, March 1, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

LOCAL COLUMNISTS

Birth of a Product Company, Part 3

Editor’s note: Part three of a four-part series. At this point in the dialogue, I felt the need to break down the conversation into helpful actions in two main categories: test marketing and business planning.

Avoid the Special Event Pitfalls

Many nonprofit organizations and institutions rely on revenue from special events. If you check any calendar of events you will find many to choose from: 5K and 10K runs and walks; galas with dinner, dancing and awards; concerts; luncheons with nationally recognized speakers.

HEALTH CARE

AARP: Price Hikes Doubled Average Drug Price Over 7 Years

TRENTON, N.J. (AP) – The average cost for a year's supply of a prescription drug doubled in just seven years to more than $11,000 – about three-quarters of the average annual Social Security benefit.

NATIONAL BUSINESS

Buffett Says US Economy Weaker Than He Expected But Growing

OMAHA, Neb. (AP) – Billionaire Warren Buffett said the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn't change his optimistic long-term view of the country's prospects.

Buffett Offers $100,000 to Employee With Best NCAA Bracket

OMAHA, Neb. (AP) – Berkshire Hathaway employees can win $100,000 by picking the most consecutive winners in the NCAA men's basketball tournament.

Subway to Ensure 'Footlongs' Measure Up After Lawsuit

NEW YORK (AP) – Subway customers can finally rest assured that their "Footlong" sandwiches will be as long as promised.

Target Taps Amazon Heavyweight to Overhaul Supply Chain

NEW YORK (AP) – Target has tapped an Amazon heavyweight to lead the overhaul of its supply chain that has been stretched by the demands of online shopping.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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