VOL. TMN-10 | NO. 27 | Saturday, July 1, 2017
Memphis battling to remain competitive in a tourism business worth billions
Selling Memphis as a place to visit may be easier now than it’s ever been. Conversely, it may also be as difficult as it’s ever been. That dichotomy arises from the fact that Memphis has more amenities, more things to do, see and eat than ever before.
Memphis is never, ever going to be a theme park built for the delight of visitors from around the world.
Thomas & Betts Corp. has chosen a new location for its corporate headquarters. The Memphis-based electrical component manufacturer is moving from Southwind to ServiceMaster Global Holdings' current space at 860 Ridge Lake Blvd. in Ridgeway Center. ServiceMaster is vacating the East Memphis property for its new headquarters Downtown.
Walgreens Boots Alliance has struck a new deal with Rite Aid to buy 2,186 of the chain’s stores for $5.18 billion, an agreement that replaces the two rivals’ planned merger. It also nixes the component of the merger involving Memphis-based Fred’s Inc. buying hundreds of Rite Aid stores to help the now-defunct merger pass regulatory muster.
THE MEMPHIS NEWS ALMANAC
2016: On the first day of the NBA’s free agency period, the Memphis Grizzlies offer point guard Mike Conley $153 million over five years to stay with the team – an NBA record contract. The same day in a related move, the Grizzlies come to terms with power forward Chandler Parsons on a four-year $94 million contract.
The sun umbrellas are on the way for the tables and chairs on the northern side of Peabody Place between Front and Main streets, and so is a temporary mural wall and some kiosks for a marketplace.
Organizers of a daylong festival celebrating all things breakfast and brunch have cooked up a new and bigger version of the event, which comes back for its third year in September.
COMMERCIAL REAL ESTATE
The Levitt Shell could be getting a new look in the coming months. Representatives from the popular Overton Park concert venue have applied for a conditional use permit with the Shelby County Board of Adjustment to add repurposed shipping containers to be used as a permanent retail structure.
St. Jude Children’s Research Hospital has reclaimed the title as the No. 1 pediatric cancer hospital in the nation, according to U.S. News & World Report’s 28th annual “Best Hospitals” list, which compared nearly 5,000 medical centers nationwide in 25 specialties, procedures and conditions.
Americans give. So do Memphians. The “Giving USA 2017” report showed that in 2016 Americans gave $390.1 billion.
The Shelby County Schools system is exploring possible legal action against the state-run Achievement School District, the state Department of Education, Memphis Scholars charter schools and Aspire Public Schools over the two charter organizations adding grades to Memphis schools they took over.
LAW & THE COURTS
U.S. Attorney General Jeff Sessions has been getting a lot of mail from Memphis lately about Juvenile Court.
Tannera Gibson knew she wanted to be more than an attorney. She wanted to be an attorney at Burch, Porter & Johnson PLLC, one of the city’s oldest law firms with a deep history in and out of court and the business of law.
ARTS & ENTERTAINMENT
Innovation isn’t necessarily the first word that comes to mind to describe opera. That’s one reason Opera Memphis’ award of a $28,000 Innovation Grant – among the first to be handed out by OPERA America, funded by the Ann and Gordon Getty Foundation – is interesting, to say the least.
Shelby County government’s fiscal year begins Saturday, July 1, but the county won’t have a new operating budget at least until July 10.
Whether it’s Gotta Get Up to Get Down, Grindhouse or RockBone – there’s no doubt that Memphians love their local craft beers. But despite the plethora of pilsners, pale ales and lagers in the market, Memphis has yet to produce a truly “local” beer, and researchers at Agricenter International are hoping to change that.
Former U.S. Rep. Harold Ford Jr. says if voters can make the big change they made last November in the White House they can do it again.
REAL ESTATE & DEVELOPMENT
Despite rainy conditions, several dozen Cooper-Young residents packed into an upstairs room at First Congregational Church of Memphis Thursday, June 22, for the second public meeting held in the hopes of establishing the more than century-old neighborhood as an official Memphis Landmarks Commission district.
In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...
All across the NBA landscape, teams are trotting out their second-round draft picks and saying the same things: We had these players rated higher. We couldn’t believe they were still there. And the classic, “We’re so happy they fell to us.”
What does Phillip Fulmer’s hiring as special adviser to University of Tennessee president Joe DiPietro have to do with Vols football coach Butch Jones?
Jalen Johnson’s first season on Tennessee’s basketball team didn’t go as planned. Now, he’s better for it.
To be an NBA general manager on the eve of free agency is to be asked a lot of questions you really can’t answer.
When last week’s NBA Draft tipped off, the Grizzlies were outsiders with no picks. It didn’t stay that way. General manager Chris Wallace had indicated weeks earlier the Grizzlies would approach this draft as if they had picks, adding, “You don’t know what opportunities will come your way in the 11th hour.”
Dennis Ring has joined the Peer Power Foundation as director of development. In his new role, he is responsible for spearheading and cultivating development and donor relations efforts for the 12-year-old organization, which serves more than 1,000 students using a peer-to-peer tutoring method.
THE TIPPING POINT
William Barksdale is just off a trip to China, but he’s reminiscing about the Mississippi Delta. On sultry summer days spent alongside his father, walking the rows of soybean and cotton fields, Barksdale grew into an awareness of the nobility of farming – the simple grace involved in raising crops that will feed and clothe people.
VIEW FROM THE HILL
San Francisco resident Terry Karlsson relishes her hometown’s reputation for embracing “multi-cultural diversity.”
The city is a gallery, the neighborhoods its rooms. Artistic talent runs in the family like spilled India ink on paper, although it ran away from me. Briefly majoring in art, I learned that my talent lay in appreciation not execution, and there is much to appreciate in our city.
My love-hate relationship with late spring travel all started with a trip to England.
Sometimes in your career, things don’t always work out the way you plan them. For me, the first time I learned this lesson, I was in college. I went to one of those fancy, private schools to study computer engineering in the late ’90s. I knew that an investment in such a great degree would guarantee me a job when I graduated. Not only that, it would guarantee me a great paying job.
You’re probably thinking a lot about how your marketing looks. You’ve created a compelling brand, made videos to showcase your best work, and even tried Facebook Live to document exciting events.
Think of it as a heist. Instead of force in exchange for your purse or wallet, it’s an attack on your confidential online files.
Alan Gertner gave a keynote presentation for the Front End of Innovation 2017 Conference and his talk was about the emerging Green Rush, legalized cannabis, the birth of a brand and an industry.
When people want to know more about your nonprofit, who do they talk to? Who serves as a reference? How can you help ensure your references speak knowledgably and with specifics?
A couple weeks ago thousands of Memphians lost power for days as a result of the historic summer storm.