» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation Links
VOL. 131 | NO. 184 | Wednesday, September 14, 2016

Memphis Drawing More Out-of-Town Retailers

Second- and third-tier retail markets are seeing a resurgence nationally, and Memphis’ own economic recovery is garnering attention from out-of-town retailers.

Fred’s Undergoing Changes After Disappointing Financial Results

The second quarter has not been kind to retail stocks. Among almost 90 percent of retail companies that reported second-quarter earnings as of Aug. 24, just 3.9 percent surpassed estimates, according to Zacks Investment Research, and barely 4 percent posted higher year-over-year revenue.

Germantown Board OKs First Step Toward New School Land Purchase

The city of Germantown has taken a first step toward the purchase of a little more than 30 acres of land for a new school.

COLLEGE FOOTBALL NOTEBOOK

Memphis Running Game Must Improve, Ole Miss Seeks 3rd Win Over Bama

On the plus side, the University of Memphis was not upset and the 35-17 victory over Southeast Missouri State was never in doubt. There was never that moment when one feared this would become what happened to Mississippi State (losing to South Alabama the opening weekend) or almost happened to Tennessee (pushed to overtime by Appalachian State).

Local Weather
Currently
Memphis, TN
89.0°F
A Few Clouds
Wind: West at 3.5 mph
Humidity: 52%

EVENTS

The Booksellers at Laurelwood and Memphis Botanic Garden will host Dick Wall for a book discussion and signing of “Mister Owita’s Guide to Gardening” Wednesday, Sept. 14, at 1 p.m. at MBG, 750 Cherry Road. The book was written by Wall’s late wife, Carol Wall, about her friendship with Kenyan-born landscaper Giles Owita. Visit thebooksellersatlaurelwood.com.

more events »

Last Word: After The Fire, Hard Changes at Fred's and Durham Doesn't Go Quietly

The immediate questions have simple answers. It was a short in an air conditioner cord that caused the fire that killed 9 people – three adults and six children – before dawn Monday morning in South Memphis.

Tenn. House Expels Durham Amid Sexual Harrassment Allegations

NASHVILLE, Tenn. (AP) – The Tennessee House voted Tuesday to expel Republican state Rep. Jeremy Durham following allegations of widespread sexual harassment.

MEMPHIS NEWSMAKERS

Kirkpatrick Named CFO At Commercial Advisors

Lori Kirkpatrick has joined Cushman & Wakefield/Commercial Advisors as chief financial officer. In this role, Kirkpatrick oversees all finance and accounting functions at the commercial real estate services firm, including lease administration services provided to clients. 

LOCAL COLUMNISTS

Put Your Career First

Loyalty can feel like a lost art. It’s often hard to know where alliances lie and who really has your back. Sadly, this can be especially true in the workplace.

Start Planning for 2017 In These Four Areas

It’s not too soon to start thinking about how you’re going to make 2017 a success for your company. Here are four areas that are essential to the sales and marketing performance of your business.

MEMPHIS AREA

Officials: Power Cord Malfunction Caused Memphis Deadly Fire

MEMPHIS, Tenn. (AP) – A house fire that killed six children and three adults in Memphis was caused by an electrical malfunction in an air conditioning unit's power cord in the living room, authorities said.

NATIONAL BUSINESS

Wells Fargo Cutting Sales Goal in Wake of Hefty Fine

NEW YORK (AP) – Wells Fargo is cutting its aggressive product sales goals for retail bankers, the bank announced Tuesday after state and federal regulators fined it $185 million last week for allegedly opening millions of unauthorized accounts to meet those targets.

Amazon Adds Audiobooks, Audible Channels to Prime Perks

NEW YORK (AP) – Listen up. Amazon is adding free audiobooks and a digital audio service called Audible Channels to the ever-growing list of perks for members of its Prime loyalty program.

TECHNOLOGY

Samsung's Quick Fix for Galaxy Note 7 is No Full Recharge

SEOUL, South Korea (AP) – Samsung plans to issue a software update for its recalled Galaxy Note 7 smartphones that will prevent them from overheating by limiting battery recharges to 60 percent.

Pandora Takes on Spotify, Apple With New Streaming Services

NEW YORK (AP) – Pandora will soon take on Spotify, Apple Music and others in an extremely competitive field with its own, $10 monthly streaming music service, and a cheaper version as well.

ECONOMY

Americans Got Raise Last Year for First Time Since 2007

WASHINGTON (AP) – Americans finally got a raise last year after eight years of stagnating incomes.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 98 238 15,862
MORTGAGES 122 284 18,332
FORECLOSURE NOTICES 13 34 2,439
BUILDING PERMITS 137 452 32,966
BANKRUPTCIES 62 178 10,191
BUSINESS LICENSES 23 73 5,251
UTILITY CONNECTIONS 28 92 6,240
MARRIAGE LICENSES 13 63 3,476

Weekly Edition

Issues | About

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