VOL. TMN-6 | NO. 49 | Saturday, November 30, 2013
Retailers hope Black Friday crowds outperform lukewarm forecast
Retailers have been gearing up for a frenzied Black Friday, marking the beginning of the holiday shopping season, but industry experts expect a lukewarm year compared to moderate growth in 2012.
The first Thanksgiving wasn’t called Thanksgiving and it was probably in October, according to “Mayflower,” Nathanial Philbrick’s recent chronicle of the founding of the first English colony in America.
EMPHASIS Health Care
Salvation Army Kroc Center playing role in improving city’s fitness
Local fitness organizations like the Kroc Center have seen increased membership numbers this year as more people in the Mid-South are working to get fit and taking an active role in their overall health.
Church Health Center Wellness is expanding its medical presence within its 80,000-square-foot wellness and fitness center as part of an increasingly integrated health care philosophy, adding five exam rooms to accommodate demand from its uninsured, working patient population.
While there are those people who jump headlong into exercise, pulled in by the rush of endorphins and an eagerness to look and feel better, others need a push.
For Brent Barrett of Start2Finish Events, small-business ownership is a marathon, not a sprint.
THE MEMPHIS NEWS ALMANAC
2012: The Yorktown, a 257-foot cruise boat, left Memphis after a two-week stay on the Memphis riverfront because of Hurricane Sandy on the Atlantic Coast. Sandy caused the cruise ship to arrive in Memphis a week early. Meanwhile the Grand Caribe cruise ship was due the second week in December. The Queen of the Mississippi was in Memphis that Nov. 24 in advance of 24 scheduled stops in Memphis in 2013. The American Queen, the world’s largest steamboat, was due in its homeport of Memphis that Dec. 2.
Grant brings facelift to Shelby Farms Park’s popular Tour de Wolf
Footprints and fat tires have taken their toll on the Tour de Wolf Trail at Shelby Farms Park, and signs of its overuse are evident all along the roughly 6-mile path.
The price tag for the city of Memphis to acquire AutoZone Park would be “south of $24 million,” according to two sources familiar with the negotiations.
If you’re wondering where Memphis fashion designer Derrick Gooden gets his talent, you could say it’s in his jeans.
Two planned high-profile grocery stores will be seeking regulatory approval in the coming weeks.
Bitcoin has arrived in Memphis.
SRVS angel program brings happy holidays to clients
Rebecca Gamble came to become a client of SRVS when she was just 9 years old. Gamble was born with a developmental disability and her parents could no longer care for her so they turned to SRVS, which has housed and nurtured Gamble since 1997.
F. Scott Fitzgerald once said there were no second acts in American lives.
A new social lunch event called Lunchbox is preparing to launch in Memphis next month, the product of business partners who left San Francisco this summer to come to Memphis and build a creative venture here.
It is proving to be a restless fall at the University of Memphis as interim President Brad Martin pulls into focus several short-term goals that will have a long-term impact on the future of the city’s largest institution of higher learning.
Often when Memphis weaver Felicitas Sloves shows her work, she has to explain to people exactly what goes into each intricately designed bag, scarf, wrap and bracelet.
Shangri-La Records celebrates 25 years with big concert
The concert that Memphis music legends the Grifters are playing Saturday, Nov. 30, at Minglewood Hall’s 1884 Lounge holds significance beyond the chance to see the indie rockers one more time this year.
Shelby County Schools board members have schools agreements with suburban leaders in Bartlett, Collierville and Millington on their agenda Tuesday, Nov. 26, a week after approving the same type of agreements with different dollar amounts with Arlington and Lakeland.
In the immediate aftermath of All-Star center Marc Gasol’s knee injury, frontcourt mate Zach Randolph had a simple plan.
The first dissent from the idea that the suburban schools agreements are a good deal in which no side got everything it wanted began when the six sets of talks, which began in June, went public.
When the owner of Knight Arnold Food and Fuel gas station and convenience store was allowed to reopen his business last month, homeowners and community groups in the Fox Meadows area were furious.
Memphis College of Art works to improve graduates’ chances
If Memphis College of Art President Ron Jones has anything to do with it, there will be no starving artists among the ranks of the college’s future alumni.
The day after the last elections of 2013 in Shelby County were decided, candidates for the Shelby County offices on the ballot in 2014 could begin pulling qualifying petitions to run.
The efforts of St. Jude Children’s Research Hospital have been the focus of an outpouring of financial and charitable support in recent weeks, the latest example of which is a song by music industry veterans to raise money for the hospital.
Technically, the suburban Shelby County governments that have reached tentative agreements with Shelby County Schools are not paying, in those agreements, for school buildings.
Walk up to an ATM, and you’re on camera. Walk into a convenience store, and you’re on camera. Walk onto an NBA court during game time, and you’re not only on camera but every movement you make – or don’t make – will be tracked, sifted, analyzed.
One man, one room, one micro-fridge stocked with diet soda.
Although John Carroll didn’t grow up a part of Memphis, the city has become a part of him.
MEMPHIS LAW TALK
Latosha Dexter, an attorney with Rainey Kizer Reviere & Bell PLC, has been named board chair of Girls Inc. of Memphis, as well as the organization’s Mentor of the Year.
Amanda C. Nelson has joined the Alliance for Nonprofit Excellence as director of consulting, a newly created position. Nelson will oversee, coordinate and promote the alliance’s management consulting services, and manage its three-year capacity-building program, the Program for Nonprofit Excellence.
REAL ESTATE RECAP
1022 S. Shady Grove Road, Memphis, TN 38119, Sale Amount: $24.8 million -
An affiliate of Chicago-based hotel asset manager Lodging Capital Partners LLC has paid $24.8 million for the Embassy Suites Memphis hotel at 1022 S. Shady Grove Road in East Memphis.
You may not be aware of the creations of Shoreline Custom Woodworks, yet you may very well have placed your beer down on one of their bar tops, eaten a favorite entrée from a tabletop or maybe even passed a bid proposal across a custom-made conference table.
LOOK FOR THE WONDER. REPEAT. I wrote about this last year. This year, just last week, it happened again.
Ray’s Take There’s a billion-dollar reason the racks of magazines, candy, and soft drinks are right by the checkout counters and at check-out on many a website. It’s called impulse buying, and it’s as bad for your budget as those candy bars are for your waistline.
“Virtue is like a rich stone, best plain set.” Francis Bacon wrote that.
Seventy percent of startup businesses fail within the first 10 years, according to a 2013 study conducted by Bradley University and the University of Tennessee. It’s a devastating reality given that the lion’s share of those are small businesses, from which more than half of domestic sales are generated.
Let the holiday season begin! Thanksgiving ushers in six weeks of busyness as we reunite with family and friends for dinners, parties, and holidays such as Hanukkah, Christmas and New Year’s Eve.
Most successful new businesses begin by taking advantage of a new, untapped opportunity that develops in the marketplace. These businesses can grow organically for many years by continuing to take advantage of their formula for success.