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VOL. 130 | NO. 185 | Wednesday, September 23, 2015

Trader Joe's Confirms First Memphis-Area Store

Trader Joe’s has confirmed plans for its first Memphis-area store. The specialty grocer ended months of speculation and announced Wednesday, Sept. 23, that it would open a 12,500-square-foot store in Germantown.

ECD Commissioner: Memphis Megasite is Tennessee's 'Greatest Asset'

The Tennessee Department of Economic and Community Development is getting serious about the Memphis Regional Megasite with new promotional materials intended to attract a major original equipment manufacturer.

Downtown Memphis Committee Nominates Morris' Successor

The search committee tasked to find a new Downtown Memphis Commission president has selected Memphian Terence Patterson to fill the job. Patterson is currently the education program director of the Hyde Family Foundations and treasurer of the Center City Development Corp.

Tennessee Housing Agency Adopts Green-Building Standards

The Tennessee Housing Development Agency wants to build healthy communities from the ground up.

Easy Bacon Partners Steve Harvey With Memphis-Based Monogram Foods

When Easy Bacon makes its October debut in supermarkets, it will be the latest meat snack venture by Memphis-based Monogram Foods.

Local Weather
Currently
Memphis, TN
89.0°F
A Few Clouds
Wind: East at 9.2 mph
Humidity: 42%

EVENTS

Metal Museum will host Repair Days Weekend Thursday, Sept. 24, through Sunday, Sept. 27, at the museum, 374 Metal Museum Drive. Metalsmiths from around the country will be on hand to repair broken metal objects; all proceeds benefit the museum. Visit metalmuseum.org for a schedule of activities.

more events »

Superlo Finds Winning Formula in Sticking to the Basics

Randy Stepherson recalls the advice his father once gave him.

AutoZone Profit Up 7.4 Percent in Fiscal Fourth Quarter

Memphis-based auto parts retailer AutoZone Inc. has been scoring double-digit earnings-per-share growth every quarter for nine years running, a trend that predates Apple’s introduction of the first iPhone in 2007.

First Tennessee Introducing Chip-Enabled Cards Next Month

Following up on its promise in 2014 to introduce chip cards this year, First Tennessee Bank said Tuesday, Sept. 22, it plans to roll out a more secure kind of plastic for customers starting next month.

Tax Incentive Changes Causing Headaches for Memphis Mayoral Candidates

The four major candidates for Memphis mayor all have some version of the same basic answer to questions about tax incentives for economic development.

SPORTS

Thursday Game a Big One for Memphis Brand

It’s not an accident that the University of Memphis and University of Cincinnati are playing each other on ESPN’s Thursday night game this week.

NEWSMAKERS

Mercedes-Benz Hires Heath Elliott as Sales Manager

Heath Elliott has joined Mercedes-Benz of Collierville as general sales manager. In his new role, Elliott will manage the sales of all new and pre-owned cars sold at the dealership, which opened in 2014.

LOCAL COLUMNISTS

Sales & Marketing Disconnects

Most companies have historically used marketing to drive brand awareness and generate sales leads, relying on seasoned sales teams to close these deals by identifying the prospect’s needs, recommending strategic solutions and creating a sense of urgency.

Creating Community for Everyone

Many of us may take for granted the relative ease in which we live, work and play in our communities. For thousands of Memphians with intellectual and developmental disabilities, it’s not always a simple matter.

STATE GOVERNMENT

David Smith Named Haslam's Communications Director

NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Haslam has named David Smith as his communications director.

Proposed Rules on Tenn. Capitol Artifacts Sent to Full Panel

NASHVILLE, Tenn. (AP) — The full Tennessee State Capitol Commission has been sent proposed rules for which artifacts should be displayed in and around the building.

STATEWIDE

Study: Tennessee Attorneys Increase Pro Bono Hours

NASHVILLE, Tenn. (AP) — A recent report shows Tennessee attorneys have increased the number of hours of free and reduced-rate legal services they provide to those in need.

NATIONAL BUSINESS

Q&A: A Look at Volkswagen's Emissions Crisis

German automaker Volkswagen AG admits that it rigged U.S. emissions tests so it would appear that its diesel-powered cars were emitting fewer nitrogen oxides, which can contribute to ozone buildup and respiratory illness.

HEALTH CARE

Study Shows Employers Shifting More Medical Costs to Workers

Employers are leaving a bigger chunk of the bill for care to workers who use their health insurance, and benefits experts see few signs of this trend slowing.

Clinton Adds Details to Plans on Prescription Drug Costs

DES MOINES, Iowa (AP) — Vowing to build upon President Barack Obama's signature health law, Hillary Rodham Clinton is unveiling a sweeping plan to hold down the rising cost of prescription drugs and target pharmaceutical companies that flood the airwaves with ads.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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