» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
TDN Services
Research millions of people and properties [+]
Monitor any person, property or company [+]

Skip Navigation LinksHome >
VOL. 117 | NO. 184 | Sunday, October 12, 2003

Print | Front Page | Email this story | Comments ()
First Mercantile

First Mercantile

Appoints New Leaders

First Mercantile Trust announced the appointment of David Alan Dunaway as president and James Pratt as chief operating officer. Dunaway most recently worked for Russell Investment Group. Pratt previously served as chief financial officer for Transaction Graphics Inc., a Memphis-based check printer.

Captain Ds Signs

Area Franchise Deal

Captain D's Seafood announced it signed seven new franchise agreements nationally, including one with Serve Holdings LLC to develop 15 franchise stores in Memphis. In addition, Captain Ds will turn over 20 company-owned stores to Serve Holdings, which will have exclusive expansion rights in parts of Missouri, Kentucky, Illinois and Western Tennessee.

 

Department Stores

Begin Fall on Weak Note

Federated Department Stores Inc. has posted a 2 percent decline in October same-store sales, and total sales fell 2.1 percent. J.C. Penney Co. comparable store sales fell 2.3 percent. Sears Roebuck & Co. comparable domestic store revenue dropped 2.7 percent, and Limited Brands Inc. same-store sales fell 2 percent. Wal-Mart, meanwhile, reported a same-store sales gain of 4.5 percent, and Target same-store sales rose 1.6 percent.

 

Tunica RiverPark Plans

December Opening

Tunica RiverPark, a $26 million ecopark, is set to open in December with a 37,000-square-foot interpretive center showcasing the Mississippi Rivers history. The facility includes aquariums, exhibits, meeting rooms and a floating dock for paddlewheel boats.

 

Family Dollar Reports

October Store Openings
Family Dollar Stores Inc. opened 40 stores in October, including three in Tennessee. The company now operates 5,066 stores in 43 states.

 

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 74 17,458
MORTGAGES 93 93 20,128
FORECLOSURE NOTICES 9 9 2,654
BUILDING PERMITS 126 126 36,072
BANKRUPTCIES 63 63 11,227
BUSINESS LICENSES 32 32 5,741
UTILITY CONNECTIONS 0 0 6,715
MARRIAGE LICENSES 51 51 3,967