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VOL. 131 | NO. 62 | Monday, March 28, 2016

Fred’s Set for Rebound in 2016

Twenty-four years ago this month, Memphis-based discount retailer Fred’s Inc. went public.Today, for a variety of reasons that include Fred’s ongoing shot at a turnaround, the company finds itself in a period of unprecedented change.

The Week Ahead: March 28-April 3

Alright, Memphis, are you sure you found all your Easter eggs? Before you make one more sweep of the yard, check out this week’s roundup of local happenings – from the sweet sounds of “Zelda” to what’s being dubbed a “Mini-MEMFix” in East Memphis…

Two City Entities Thriving in MWBE Participation

Recently released disparity studies say that minority- and women-owned businesses are only getting a sliver of contracts in the local business world.

Commission Takes Second Vote on Term Limits Referendum

Shelby County Commissioners take up the second of three readings Monday, March 28, of an ordinance that would ask voters to do away with term limits for the commission, the office of Shelby County Mayor and five other countywide elected positions.

Last Word: Saturday In The Park, Lipscomb's Successor and Fred's Looks Up

Quite the Easter weekend on the Overton Park Greensward.

Local Weather
Currently
Memphis, TN
79.0°F
A Few Clouds
Wind: South at 3.5 mph
Humidity: 77%

EVENTS

Tennessee Department of Labor & Workforce Development’s mobile Career Coach will be in Memphis on Monday, March 28, from 10 a.m. to 3 p.m. at the Cossitt Library, 33 S. Front St. Career Coach staff will help people create resumes and register with jobs4tn.gov, where more than 90,000 jobs are available.

more events »

Sports Notebook: Lynch at Gruden’s QB Camp, Memphis Defense, Cards' Leadoff Hitter

If you want to see the whole thing, Jon Gruden’s QB Camp with former University of Memphis quarterback Paxton Lynch will air at 11 a.m. on Saturday, April 16, on ESPN. The NFL Draft is April 28-30 in Chicago.

GOVERNMENT AGENDA

March 28 Shelby County Commission Agenda

The Shelby County Commission will meet Monday, March 28, at 3 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for an agenda.

THE MEMPHIS NEWS

Cleaning House

City gains the tools, personnel to mount unprecedented attack on blight

Every neighborhood in Memphis and Shelby County has the right to be free from the negative effects of vacant, abandoned and blighted properties. That’s the battle cry of the Memphis Blight Elimination Charter, a 23-page pledge that will steer policy and programs dedicated to blight eradication.

Editorial: Time for Blight Talk to Become Action

It’s time for the city’s battle against blight to move beyond the byzantine path of legal barriers, grant programs and other hurdles that have defined a slow-moving process so far.

LAST WEEK'S MOST POPULAR

The Curb Market's Central Idea: Supporting Local Growers

Several times a day for the last two weeks, people have been showing up at The Curb Market – Midtown’s new market for locally sourced meat, produce and dairy products – and had to be turned away.

Methodist Makes 'Great Commitment' to Memphis With Expansion

Methodist University Hospital CEO Jeff Liebman sees the $275 million that Methodist Healthcare is investing into the system’s flagship hospital as a “great commitment” to Memphis.

De-Annexation Bill Sent Back to Legislative Committee

The de-annexation bill pending in the Tennessee Legislature was sent back to a Senate committee in Nashville Monday, March 21, after those favoring the bill raised numerous questions about amendments to it.

Five to Watch

Memphis creative entrepreneurs share their stories, in their own words

“You can’t live in Memphis without some kind of side hustle, right?” That’s the way former WMC-TV reporter Lauren Squires Ready sees it. Her side hustle, the passion project she’s been pursuing in her free time separate from all the writing, reporting and live shots as an on-air news personality?

Bella Vita Opening ‘The Back Room’

Stephanie Singley’s Collierville-based home interior and design accessories shop Bella Vita is celebrating its 15th year in business with a good problem to have.

STATEWIDE

Knoxville Judge's Former Mistress Charged With Prostitution

NASHVILLE, Tenn. (AP) – The mistress who supplied a Knoxville judge with drugs and helped lead him to his downfall has been arrested on prostitution charges.

Tenn. Legislature Passes Public Records Law

NASHVILLE, Tenn. (AP) – The state Legislature has passed a bill that will require nearly every government office across Tennessee to tell citizens how they can get public records.

EDUCATION

Feds Offer Debt Relief to More Former Corinthian Students

BOSTON (AP) – The U.S. Department of Education is offering debt forgiveness to another wave of students who attended Corinthian Colleges, the now-defunct chain of for-profit schools that had campuses across the country.

BUSINESS

Republic Settles Delta Lawsuit Over Canceled Flights

DALLAS (AP)Delta Air Lines Inc. will drop a lawsuit against Republic Airways Holdings Inc. and provide $75 million in credit to help Republic rebuild under bankruptcy protection.

Jury: Gilead Owes Merck $200M in Damages Over Drug Patents

The federal jury in a patent trial has ordered drugmaker Gilead Sciences to pay Merck $200 million in damages for infringing on patents for hepatitis C drugs.

ECONOMY

Household Spending, Home Building Fuel Modest US Growth

WASHINGTON (AP) – Consumer spending and home construction are helping sustain modest U.S. economic growth despite problems caused by a strong dollar, low oil prices and an excess of business stockpiles.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 312 16,192
MORTGAGES 86 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 332 655 33,126
BANKRUPTCIES 50 237 10,737
BUSINESS LICENSES 26 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 19 94 3,867

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