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Editorial Results (free)

1. Phil Mickelson to Forfeit Nearly $1 Million in SEC Case -

NEW YORK (AP) – The professional golfer Phil Mickelson has agreed to forfeit nearly $1 million that the Securities and Exchange Commission said was unfairly earned on a tip from an insider trading scheme conducted by a former corporate director and a professional gambler.

2. Framing a Future -

When a mob of teenagers swept across a parking lot in Poplar Plaza a year ago and set off a difficult civic discussion about crime and race, one of those conversations was in an old fire station in Orange Mound.

3. Olive Garden Defends Breadstick Policy -

NEW YORK (AP) – Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys "Italian generosity."

The remark is part of a response by the chain's parent company, Darden Restaurants Inc., to a nearly 300-page criticism released by hedge fund Starboard Value last week. Starboard took Olive Garden and its management to task for a litany of issues, including its liberal distribution of breadsticks, its failure to salt the water used to boil its pasta and even the length of the asparagus it serves.

4. Olive Garden Investor: Back Off on the Breadsticks -

NEW YORK (AP) – Maybe there is such a thing as too many breadsticks.

In a nearly 300-page treatise on what's wrong with Olive Garden and its management, investor Starboard Value suggests the Italian restaurant chain is being reckless with its unlimited breadsticks. The hedge fund notes the chain's official policy is to bring out one breadstick per customer at a time, plus an extra for the table.

5. Tamp & Tap to Open in East Memphis -

One of the newest office buildings in East Memphis has landed a popular local coffee shop and restaurant.

Tamp & Tap responded to repeated overtures from Highwoods Properties Inc. and has leased 2,785 square feet of space on the first floor of the Triad Centre III building on Poplar Avenue in East Memphis.

6. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

7. Darden Sells Three Restaurants for $13 Million -

An affiliate of Orlando, Fla.-based Darden Restaurants has sold the city’s two Red Lobster locations, along with a Bahama Breeze restaurant, as part of the company’s larger move to sell off the entire seafood chain and accompanying real estate for $2.1 billion.

8. Olive Garden, Red Lobster Sales Continue to Slide -

NEW YORK (AP) – Darden said Friday that sales continued to slide at Olive Garden and Red Lobster, with other costs dragging down its profit by 35 percent in the latest quarter.

The results fell short of Wall Street expectations, and shares were down 2.5 percent in midday trading.

9. East Memphis Restaurants Set Opening Dates -

The two new restaurants being built at the Crescent Center office building in East Memphis will open during the next 30 days.

Seasons 52 will open at 6085 Poplar Ave. on Jan. 30, while The Capital Grille will open at 6065 Poplar Ave. on Feb. 3.

10. East Memphis Restaurants Set Opening Dates -

The two new restaurants being built at the Crescent Center office building in East Memphis will open during the next 30 days.

Seasons 52 will open at 6085 Poplar Ave. on Jan. 30, while The Capital Grille will open at 6065 Poplar Ave. on Feb. 3.

11. Restaurant Row -

If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.

Over the last few months, several new restaurants have opened or are on the way around the heavily traveled Poplar corridor between Perkins Road and Kirby Parkway.

12. Change of Scenery -

After spending years or decades in their current form, longtime staples of the local real estate scene are about to disappear or undergo major changes that will forever alter the city’s built landscape.

13. Changing Market -

Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.

The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.

14. Southwind Homewood Suites Sells for $6.5 Million -

3583 Hacks Cross Road Memphis, TN 38125

Sale Amount: $6.5 million

Sale Date: Nov. 2, 2012

15. $1.3 Million Permit Filed for The Capital Grille -

Orlando, Fla.-based Darden Concepts Inc. has filed a $1.3 million permit application with the city-county Office of Construction Code Enforcement to build The Capital Grille on an outparcel of the Crescent Center in East Memphis.

16. Olive Garden Owner Shifts Course to Focus on Deals -

NEW YORK (AP) – After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.

17. Storm's Cost May Hit $50 Billion; Rebuilding to Ease Blow -

WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.

18. Businesses React to Affordable Care Act Mandate -

With increased health care costs on its horizon, Orlando, Fla.-based Darden Restaurants Inc. recently made national headlines when it dodged Affordable Care Act requirements by cutting back on its full-time employee hours.

19. Olive Garden, LongHorn Workers Sue Company -

Darden Restaurants violated federal labor laws by underpaying thousands of servers across the country at Olive Garden, LongHorn Steakhouse, Red Lobster and other eateries, according to a lawsuit filed Thursday on behalf of the workers.

20. Major Retailers to Launch Mobile App for Payments -

NEW YORK (AP) – A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases: with their cellphones.

21. Youth Villages, Darden Partner to Advance Program -

Memphis-based Youth Villages has been selected to receive a $2,000 grant as part of the inaugural Restaurant Community Grant Program from the Darden Foundation, the charitable arm of Darden Restaurants Inc.

22. Mrs. Obama Applauds Olive Garden 'Healthier Food' Announcement -

HYATTSVILLE, Md. (AP) — Michelle Obama said Thursday that a pledge by the Olive Garden and Red Lobster restaurants and their sister chains to serve healthier meals is a "breakthrough moment" for the industry.

23. Venture Off Kid’s Menu Every Once in a While -

So, you’re in the restaurant, the family and the kids. Everybody is behaving well, speaking in “inside voices,” including the adults. So far, so good, but the point is, what is everybody going to eat? The kids take one peek at the menu and look as if they’re beginning to tune up: “Mom, Dad, we hate tilapia with Southwestern succotash and mango-jicama relish!” Mom says, hopefully, “Look, Dick, look, Jane, there’s a kid’s menu! You love kid’s menus!” Signaling the helpful waiter for another martini.

24. Olive Garden Names GMFor New Memphis Restaurant -      Shirley Bridgeforth has been named general manager for a new Olive Garden restaurant opening this month.
     The Tuscan farmhouse-style restaurant is slated to open June 25 at 5679 Poplar Av

25. Smokey Bones RestaurantsClose in Memphis Area -      Orlando, Fla.-based Darden Restaurants Inc. has announced the closure of more than 50 of its Smokey Bones Barbeque & Grill Restaurants and plans to sell the remaining 73.
     Those being clo

26. Executive Shifts AnnouncedAt First Horizon National -      First Horizon National Corp. officials announced Monday that J. Kenneth Glass, chairman of the board and CEO, will retire effective April 17 - the date of the company's annual meeting.

27. Archived Article: U.s. 64 (lead) - By Andy Meek

More Restaurants Target Wolfchase Area

T.G.I. Fridays, Smokey Bones set to open in retail corridor


The Daily News

With the development it has helped spawn along Germantown Parkway and the estimated 200,000 weekl...

28. Archived Article: Amerigo Chg - By CAMILLE H Jackson, Miss., chain brings newest restaurant to Memphis Several restaurants enter the Memphis market for the first time in '97 By CAMILLE H. GAMBLE The Daily News Amerigo Italian Restaurant, a Jackson, Miss.-based chain, has signed a ...

29. Archived Article: Bahama Breeze Lj - By LAURIE JOHNSON Bahama Breeze to blow into Memphis By LAURIE JOHNSON The Daily News Construction has started on a new Caribbean-theme restaurant at 2830 N. Germantown Rd. in East Memphis. Darden Restaurants Inc., the parent company of the Red Lobs...

30. Archived Article: Red Lobster Lj - By LAURIE JOHNSON Red Lobster to open in Germantown New restaurant will replace Austin Peay location By LAURIE JOHNSON The Daily News Construction has started on a Red Lobster restaurant in Cordova near the Wolfchase Galleria Mall. The new restauran...

31. Archived Article - 114 N 114 N. Main Center City Commission Hnedak Bobo Group Inc 810,000.00 Renovate Interior Of Building 203 S. Main Orpheum TheatreHnedak Bobo Group Inc500,000.00 General Toilet And Lighting Upgrade Exterior Repairs/Upgrade 587...