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Editorial Results (free)

1. Bartlett Shopping Center Sells for Nearly $30M -

An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.

The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Branch Properties LLC from Houston-based real estate investment trust Weingarten Realty for $28.8 million.

2. Germantown Village Square Sells for $27.3 Million -

7694 Poplar Ave.
Germantown, TN 38138

Sale Amount: $27.3 million

Sale Date: April 24, 2017 

Buyer: PEBB Enterprises

3. Germantown Village Square Sells for $29.3 Million -

A Boyle Investment Co. real estate investment fund has sold Germantown Village Square to PEBB Enterprises, a private equity firm based in Boca Raton, Florida, for $29.3 million.

4. Regulators Move to Stop Staples' Deal With Office Depot -

NEW YORK (AP) — The Federal Trade Commission said Monday that it is seeking to block the proposed combination of Staples and Office Depot because the deal would reduce competition in the office supplies market. The companies said they plan to fight to preserve the deal.

5. Staples Buys Office Depot for $6 Billion to Keep Pace With Change -

NEW YORK (AP) – Evolving shopping habits have forced yet another retailer to think outside of the box.

Staples, the nation's largest "big box" office supply chain, announced Wednesday that it's spending about $6 billion to buy its second-ranked rival Office Depot.

6. Staples to Close 225 Stores as Sales Move Online -

Staples has become the second major chain to announce the mass closing of stores this week, providing the latest evidence of how the retail landscape is being remade by shifts in American shopping habits.

7. KBM Group Growing at Clark Tower -

A digital marketing agency is expanding at Clark Tower in East Memphis.

KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.

8. Office Depot, OfficeMax Get FTC Clearance for Deal -

The proposed merger of Office Depot and OfficeMax has received clearance from the Federal Trade Commission, removing a key regulatory hurdle from the process.

The office supply companies agreed to a $1.2 billion combination in February. The agency said its 7-month investigation showed that the combination isn’t likely to cause competitive harm. The companies said Friday that they expect the transaction to close on Tuesday.

9. Office Depot Agrees to Buy OfficeMax in Stock Deal -

NEW YORK (AP) – Office Depot and OfficeMax are being collated.

The retailers said Wednesday they have agreed to combine in an all-stock deal worth about $1.2 billion that would transform the office-supply retail sector by helping the No. 2 and No. 3 chains compete against industry behemoth Staples.

10. Barnes & Noble to Sell Nook at RadioShack -

NEW YORK (AP) – Barnes & Noble Inc. said Wednesday that it will add RadioShack Corp. to the list of retailers that sell its electronic reader, the Nook.

11. Staples to Build First Memphis Location -

The world’s largest office products company will soon enter the Memphis market.

Framingham, Mass.-based Staples Inc. has signed a 17,945-square-foot lease at Ridgeway Trace, the shopping center at Poplar Avenue and Interstate 240 developed by Houston-based Weingarten Realty Investors.

12. Office Depot Chairman and CEO Odland Resigning -

BOCA RATON, Fla. (AP) – Office Depot Inc.'s Chairman and CEO Steve Odland is stepping down as the office supplier struggles to turn its business around in the face of tough competition.

13. Service Sector Grows More Quickly in July -

NEW YORK (AP) – Growth in the U.S. service sector picked up in July, according to a trade group's survey, in a good sign for the overall economy and the job market.

The Institute for Supply Management said Wednesday its service-sector index rose to 54.3 last month, up from 53.8 in June. Economists had expected a pullback to 53 for July.

14. Dancin' in the Streets -

Broadcasting for NBC’s “Today” show live from Memphis, weather anchor Al Roker attempted a few flamenco steps Thursday morning but left the real dancing to the children of the New Ballet Ensemble and School.

15. Al Roker Showers New Ballet With Gifts -

Broadcasting for NBC’s “Today” show live from Memphis, weather anchor Al Roker attempted a few flamenco steps Thursday morning but left the real dancing to the children of the New Ballet Ensemble and School.

16. MLGW Board To Decide Contracts -

The Memphis Light, Gas and Water Division board of directors is scheduled to take action on several large contracts at today’s meeting.

Among those items is a 36-month contract with OfficeMax for office supplies not to exceed approximately $1.4 million. Also, the board is scheduled to take action on renewing a $9.6 million contract with General Construction Services Inc. for environmental abatement services.

17. OfficeMax Inks Deal With FedEx -

Office-supply retailer OfficeMax Inc. reported Monday it signed a multiyear deal that will allow it to use some of FedEx Corp.’s services in its U.S. retail locations.

18. Davidson Hotel Names ClaytonSenior VP for Administration -      Davidson Hotel Co. has named Robert J. Clayton to its senior vice president of human resources and administration post. Clayton will oversee the development of systems for recruiting, training and retaining employees, co

19. AutoZone AnnouncesOrganizational Changes -      Tom Newbern has been promoted to senior vice president of store operations at AutoZone Inc. A 21-year employee at AutoZone, Newbern has held several key management positions within the company, most recently as vice pres

20. Events -

The Memphis City Council meets today at 3:30 p.m. at City Hall, 125 N. Main St. Call 576-6786 for details.

The National Association of Women in Construction meets today at 6 p.m. at Las Trancas Mexican Restaurant Bar & Grill, 1625 N. Germantown Parkway, Ste. 104. Call Jill Rayman at 550-0487 for more information.

21. MBA Sponsors Judicial Candidate Forum Today -


The Criminal Law Section of the Memphis Bar Association will hold a candidate forum from noon to 2 p.m. in the auditorium of the Criminal Justice Center, 201 Poplar Ave. Candidates for General Sessions Criminal Court judge in Divisions 7 through 13 will speak for four minutes each. For more information, call Tony Brayton, Garland Erguden or William Robilio at 545-5800.

22. Baker Donelson Hires New IT Professional -

Cheryl Proctor just joined Baker Donelson's information technology management team as client services manager. Proctor currently serves as Southeast regional vice president of the International Legal Technology Association. She will direct Baker Donelson's client support services group. The group provides firm-wide electronic services, offering Baker Donelson's clients and attorneys sophisticated document sharing capabilities and technologically advanced litigation support systems. Proctor previously served as manager of application services at Waller Landsen Dortch & Davis PLLC in Nashville.

23. Archived Article: Tech Focus (charity) - By SUZANNE THOMPSON Web sites make charitable giving a click away By SUZANNE THOMPSON The Daily News Almost since its inception, retailers and marketers have been using the Internet to boost sales and increase awareness. These benefits have not been...

24. Archived Article: Homeplace Lj - lj 10/5 cates HomePlace to open first Memphis store By LAURIE JOHNSON The Daily News HomePlace, a Dallas-based chain of home fashion superstores, has announced it will open its first Memphis store this fall. The 54,000-square-foot store, considered ...

25. Archived Article: Back - 02-22 back FedEx and OfficeMax form one-stop shop Federal Express Corp. and OfficeMax Inc. have announced a new affiliation agreement that will place FedEx ShipSites self-service drop boxes in nearly 500 OfficeMax stores around the country. The affi...