VOL. 133 | NO. 92 | Tuesday, May 8, 2018
Retailer Reaches Agreement to Sell Specialty Pharmacy Business
Memphis-based discount retailer Fred’s Inc. operates 584 company-owned stores that each stock more than 14,000 items and saw average sales of more than $3 million in 2017.
Memphis Mayor Jim Strickland says he would support some kind of incentives for the manufacturing facility Graceland wants to open in Whitehaven. But not if it’s linked to a greater share of city and county property tax revenue for a 6,200-seat arena Graceland also wants to build.
Memphis City Council members take the first of three votes on two ordinances essential to setting the city government budget for the fiscal year that begins July 1.
EMPHASIS Commercial Real Estate
Chris Boyce is a happy man. The South Memphis resident is gainfully employed in a trade he never envisioned while he worked for years performing railroad maintenance around the area.
Some of the BSMF reviews in from this past weekend are thumbs up for the way Memphis In May has ramped up what you might call its infrastructure around Uber, Lyft and little items like muddy boots for the increasing number of Memphians and visitors who are ready to go no matter what the weather is doing. And they may opt for some other way into Downtown beyond driving a car and finding a parking place and walking, especially when there’s a drop off at the northern end of the music festival. Even a fire hydrant water flow to take the mud off your boots. We can make Memphis easier with less effort than we think at the outset.
Fresh off the Shelby County Board of Adjustment’s April 25 unanimous vote to advance 3D Realty’s mixed-use community underneath the iconic Broad Avenue water tower, James Maclin says the company doesn’t intend on slowing down anytime soon.
Kathy Enfroy learned about Memphis Rox organically, which in 2018 means through a friend via social media. So she came to check out Memphis Rox Climbing & Community in Soulsville for herself. She had such a good time that on a recent Monday morning she had returned and brought her husband, Austin Enfroy, and their 4-year-old daughter, Madeline, with her.
REAL ESTATE RECAP
4049 Willow Lake Blvd., Memphis, TN 38118 (portfolio) -
Faropoint Ventures has purchased another batch of properties in the Memphis area, effectively increasing its local footprint by almost 1 million square feet.
How do you reach a fundraising goal? There are many activities that together can guide you to your fundraising destination. One of these is knowing how many people you need to ask to give to your nonprofit, and at what level people need to give at.
Raj Sisodia is the professor of global business at Babson College and co-founder and co-chairman of Conscious Capitalism Inc. Raj has written 10 books and more than 100 academic articles.
NASHVILLE, Tenn. (AP) – A man being hailed as a hero for wrestling an assault-style rifle away from a gunman at a Tennessee Waffle House has raised more than a quarter of a million dollars for the victims.
NASHVILLE, Tenn. (AP) – An election-year Tennessee legislative session tinged by national attention on a deadly school shooting in Florida saw many high-profile gun bills fail – both Republican efforts to ease gun laws and Democratic pushes to put more restrictions in place.
MARKS, Miss. (AP) – Amtrak is making another stop in Mississippi.
DYESS, Ark. (AP) – The Man in Black's boyhood home has been added to the National Register of Historic Places.
LITTLE ROCK, Ark. (AP) – The Arkansas Supreme Court says it'll hear oral arguments over a judge's decision to prevent the state from licensing companies to grow medical marijuana.
MCLEAN, Va. (AP) – Gannett Co. (GCI) on Monday reported a loss of $377,000 in its first quarter.
SEATTLE (AP) – Nestle is paying more than $7 billion to buy the rights to sell Starbucks coffee and tea in supermarkets and other stores outside its coffee shops.
OMAHA, Neb. (AP) – Billionaire Warren Buffett recommends that investors stick with simple stock index funds – not bonds and especially not bitcoins.
Microsoft is launching a $25 million initiative to use artificial intelligence to build better technology for people with disabilities.
NEW YORK (AP) – The U.S. Department of Transportation is again urging owners of vehicles with defective Takata air bags to seek repairs immediately.