Belz-Wilson Properties

Sells Tract for $1.9 Million

6161 Shelby Oaks LLC has purchased 7.52 acres at 6161 Shelby Oaks Drive near Interstate 40 from Belz-Wilson Properties for $1.9 million, according to The Daily News Public Records Database, www.memphisdailynews.com.

Foot Locker, Hooters

to Join Peabody Place
Two national brands are preparing to open locations at Downtowns Peabody Place Entertainment and Retail Center. A 2,300-square-foot Foot Locker store is slated to open in February. A 6,500-square-foot Hooters restaurant is scheduled to open in the spring.

Founder Sells Legal

Publishing Company

Dan Oswald, president and associate publisher of Nashville-based M. Lee Smith Publishers LLC, which publishes employment law newsletters, has purchased the company from founder M. Lee Smith. Financial terms were not disclosed. M. Lee Smith Publishers is the only company in America that produces a state-specific employment law newsletter for all 50 states.

Federated to Rebrand

Stores to Macys

The names of all Federated Department Stores Inc.s regional stores, which includes Goldsmiths-Macys, will change to Macys effective March 6, the company announced. Exterior signage will begin to change to the Macys nameplate in coming weeks. The company began rebranding all of its regional department store chains to include the Macys name in August 2003.

Northwest Sees

December Traffic Increase
Northwest Airlines saw a traffic increase of 7.7 percent and a capacity increase of 7.6 percent in December compared with December 2003. For the full year 2004, Northwest's mainline passenger revenue per available seat mile improved by about 7 percent over 2003.