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Editorial Results (free)

1. EDGE Sets Date to Vote on Graceland Expansion Plans -

The Economic Development Growth Engine board has set a date to vote on Elvis Presley Enterprises’ Graceland expansion plans.

At the specially called meeting, which will be held Thursday, April 5, at 3 p.m. at the Embassy Suites Hotel on Shady Grove Road, the EDGE board will review both of Graceland’s requests for tax incentives – the approximately 80,000-square-foot exhibition and convention space and the roughly 6,200-seat performance venue.

2. City Working to Settle EPE/Grizzlies Dispute as Litigation Mounts -

As the litigation piles up in a dispute between two of the most recognizable brands in Memphis, city officials say they are still hopeful a deal can be worked out between Elvis Presley Enterprises and the Memphis Grizzlies.

3. Netflix Expands Into 130 More Countries in Surprise Move -

SAN FRANCISCO (AP) — Netflix has already crossed off the biggest item on its New Year's list of resolutions. The Internet video service debuted in 130 countries Wednesday in a surprise move likely to reel in millions of new subscribers.

4. Roku CEO Discusses State of Internet Video, TV -

SAN FRANCISCO (AP) – If Netflix CEO Reed Hastings is the star of the Internet video-streaming phenomenon, then Roku CEO Anthony Wood is the best supporting actor.

5. Friendsignia Founders Build Social Media Tool -

Editor’s note: This is the second in a six-part series on entrepreneurs in the current round of Seed Hatchery’s “cohort” boot camp.

Mundane problems are often the geneses that inspire visionaries to build first-class companies around them.

6. Cordova Hastings Store to Close -

Entertainment retailer Hastings Entertainment has operated a store in Cordova for the last four years.

But the location at 1245 Germantown Parkway, where the chain has operated in a 25,000-square-foot space since 2007, has long been unable to hit the company’s earnings target. That’s according to Hastings chief financial officer Dan Crow, who cited that and the fact “we just didn’t have sufficient volume” at the location as reason the company is closing it in early December.

7. Hastings Entertainment to Close in Cordova -

Another large commercial real estate space is coming on the market.

Entertainment retailer Hastings Entertainment is closing a 25,000-square-foot store in Cordova at 1245 Germantown Parkway. That’s just north of the 68,000-square-foot former Schnucks.

8. Cordova Hastings Store to Close -

Another large commercial real estate space is coming on the market in Cordova.

Entertainment retailer Hastings Entertainment is closing its approximately 25,000-square-foot store in Cordova at 1245 Germantown Parkway. That’s just north of the 68,000-square-foot space at 1150 Germantown Parkway that was most recently a Schnucks grocery store.

9. Netflix Separates its DVD, Streaming Businesses -

NEW YORK (AP) – Netflix Inc. is separating its DVD-by-mail business from the online movie streaming service it sees as the future of entertainment consumption.

10. Blockbuster Shuttering All Memphis Stores -

Some Hollywood films are so predictable, viewers can see the ending coming long before the credits roll.

In hindsight, consumers may decide the story of Blockbuster Inc. – the giant video rental chain that in a matter of days will no longer have a brick-and-mortar presence in Memphis – falls in that category.

11. Blockbuster Closing Last Two Memphis Storefronts -

In a matter of days, Memphians will no longer be able to visit a store and make it a Blockbuster night.

Every remaining Blockbuster store in Memphis is either closing or planning to close, signaling the end of the video rental chain's days in Memphis, the dominance of order-by-mail alternatives like Netflix and the convenience of kiosks like Redboxes.

12. Stores Using Survival Tactics, Look Past Holidays -

NEW YORK (AP) - Retailers are accelerating their use of survival tactics – slashing prices further and pulling merchandise off shelves to send to liquidators – as the number of holiday shopping days dwindles. But January and beyond look scarier for even relatively healthy merchants as the passing of the holidays give shoppers no reason at all to spend.

13. Experts Expect Tough '08 For U.S. Retailers -

WASHINGTON (Dow Jones/AP) - Bankruptcy and restructuring professionals are expecting a New Year's gift from the retailing industry: more business.

Retailers are expected in 2008 to have a hard time luring shoppers struggling with higher mortgage payments, fuel costs and dwindling confidence in the U.S. economy. Experts say companies competing for a slice of the diminished consumer-spending pie will find it difficult to avoid trouble if they're already carrying a heavy debt load.

14. Old Kmart Site NearsRetail Transformation -      The transformation of a formerly vacant Kmart store in Cordova is nearly complete.
     Already, a Red Robin Gourmet Burgers restaurant has opened on an outparcel at the Germantown Parkway si

15. Hastings EntertainmentTo Open in Cordova -      Amarillo, Texas-based Hastings Entertainment Inc. will open one of its newest stores, a 27,000-square-foot superstore, Nov. 19 in Cordova.
     That store, at 1245 N. Germantown Parkway, will

16. Abandoned Kmart to Find New Lease on Life -

The Cordova-area retail space formerly home to Kmart is being remodeled to make way for bowling lanes, a mini-golf course, go-kart track, video games, a pizza buffet and more.

The company behind the renovation of that vacant space at 1245 Germantown Parkway is Tulsa, Okla.-based America's Incredible Pizza Co., a company whose properties are veritable palaces of dining and entertainment options.

17. Centro Finalizes LeasesFor Former Kmart Site -      The New York-based real estate company Centro has finalized leases for the Germantown Square shopping center, at 1245 Germantown Parkway in Cordova.
     Incredible Pizza Co., Hastings Entert

18. Stock Repurchase IncreasesFor Hastings Entertainment -      Amarillo, Texas-based retailer Hastings Entertainment Inc. announced Monday an amendment to an agreement with Fleet Retail Group LLC and CIT Group/Business Credit Inc. relating to credit facility and the purchase of stoc

19. Former Kmarts, Cordova Shopping Center Have New Options With New Plan -

When New Plan Excel Realty Trust Inc. and Sears Holdings Corp. set up a joint development venture in 2005, the venture's first deal involved transforming three former Kmart stores in Memphis.

Sears had closed the stores in 2005, citing their under-performance. Since then, Sears' partner in its development venture - a New York real estate investment trust (REIT) with assets of about $3.5 billion - has more than lived up to its name.