VOL. 131 | NO. 184 | Wednesday, September 14, 2016
Second- and third-tier retail markets are seeing a resurgence nationally, and Memphis’ own economic recovery is garnering attention from out-of-town retailers.
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.
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
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).
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.
NASHVILLE, Tenn. (AP) – The Tennessee House voted Tuesday to expel Republican state Rep. Jeremy Durham following allegations of widespread sexual harassment.
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.
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.
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, 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.
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.
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.
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.
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.
WASHINGTON (AP) – Americans finally got a raise last year after eight years of stagnating incomes.