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VOL. 132 | NO. 249 | Monday, December 18, 2017

The Week Ahead: December 18-24

Good morning, Memphis! Winter officially begins this week, and Santa’s making one last pass on his naughty-or-nice list (though we know you’ve all been good this year). Check out a couple of ways you can give back – plus more fun happenings you need to know about – in The Week Ahead...

Fred’s Ends 2017 Where it Began: Amid a Turnaround, Looking for Growth

You wouldn’t know it from walking into a Fred’s store like the one at 5016 Summer Ave., with the big sign above it outside that says Fred’s in red letters on a white background accompanied by signs announcing “Low Price Leader” and “Pharmacy” on either side.

Tigers Battle Louisville in New York City, But Come Up Short

Losing is never good enough. And losing to Louisville never leaves a team from Memphis feeling as though the mission was accomplished.

Agilent Expanding Distribution in Memphis, Creating More Than 100 Jobs

Agilent Technologies Inc., a life sciences, diagnostics and applied chemicals company, has announced it will be expanding its operations in Memphis, which will result in 117 new jobs.

Last Word: California Extradition, Corker's Vote on Tax Reform and Post Kirk & Crum

The ex-wife of Tigers and Grizz basketball great Lorenzen Wright is due in a California courtroom Monday morning as extradition proceedings begin following Sherra Wright’s arrest there Friday evening on a Shelby County grand jury indictment here on charges of conspiracy, first degree murder and attempted murder.

Local Weather
Currently
Memphis, TN
44.0°F
Mostly Cloudy
Wind: Northwest at 8.1 mph
Humidity: 58%

EVENTS

Remington College holds a 3 Lives Blood Drive and campus open house Tuesday, Dec. 19, at its Memphis campus, 2710 Nonconnah Blvd. The blood drive (8 a.m. to 2 p.m.) is part of a national effort to recruit minority blood donors, with Remington Memphis’ donations going to Lifeblood. The open house (4:30 p.m. to 6:30 p.m.) gives prospective students the opportunity to tour labs, chat with instructors and see demonstrations from hands-on training programs. Visit remingtoncollege.edu.

more events »

Commission’s Last Meeting of 2018 Features Pay Raise for Sheriff

At the last Shelby County Commission meeting of 2017, commissioners have an agenda heavy with grants and a return to the issue of how much to pay the next sheriff.

Former Shelby County Republican Leader Dies in Car Wreck

MEMPHIS, Tenn. (AP) – Bill Giannini, a former chairman of the Shelby County Election Commission and the Shelby County Republican Party, has died in a car crash.

REAL ESTATE RECAP

Possible Trader Joe’s Update, New $35M Airport Facility

In this week’s Real Estate Recap, a new development in the saga of Germantown’s Trader Joe’s, Memphis International Airport begins work on a new $35 million facility, and Central BBQ announces a new a location... -
Developers planning renovations of the old Kroger location at 2130 Exeter Road have bought out the property’s previous owners in a multimillion-dollar deal.

THE MEMPHIS NEWS

The Cutoff

The complex backstory of the Memphis cutoff of new sewer connections to areas outside the city

When Memphis leaders got together with suburban mayors in September at Agricenter, it was to talk about a unified countywide approach to getting Amazon’s $5 billion HQ2 project.

Editorial: Sewer Cutoff Holds Key To Other Growth Issues

There’s a long-running chicken-and-egg argument about development. One side of the argument is that government decisions control where homes and businesses are built; the other is that developers call the shots.

December 15-21, 2017: This week in Memphis history

1970: Elvis Presley takes a commercial flight from Memphis to Washington, D.C., without telling anyone on either end of the trip. At the White House gate, he leaves a note saying he would like to meet with President Richard Nixon. After some phone calls back and forth with White House aides, Presley meets with Nixon in the Oval Office.

LAST WEEK'S MOST POPULAR

Central BBQ to Open Fourth Store on Poplar

Central BBQ LLC announced Thursday, Dec. 14, that it will open its fourth Memphis area restaurant along the Poplar Avenue corridor.

Developers of Old Kroger Site Buy Property for $8M

The developers planning the renovations of the old Kroger location at 2130 Exeter Road have bought out the property’s previous owners in a multimillion-dollar deal.

Outside Investors to Purchase Gibson Factory in Downtown Memphis

The 24,080-square-foot Nashville warehouse, which sits on a half-acre in the North Gulch district, was also acquired by Somera Road and Tricera Capital for $6.83 million, the Tennessean reported on Nov. 14. 

Piece by Piece: Construction Projects Flourishing Throughout Mid-South

With $11 billion spread out among more than 300 active projects in the Memphis area, according to data from brokerage firm Cushman & Wakefield/Commercial Advisors, it’s safe to say business in the region is good.

Leaps and Bounds

Health care grows immensely in 2017 with no end in sight

Memphis’ health care industry was packed with activity in 2017, everything from a slew of new hires and personnel changes to new facility openings, major research announcements and expansions.

STATEWIDE

Report: Dropout Rates Remain High at Tennessee Colleges

NASHVILLE, Tenn. (AP) – A report by an education advocacy group has found that enrollment and retention have increased at Tennessee community colleges, but dropout rates remain alarmingly high, especially among poor and minority students.

Firearms Use in Criminal Offenses Climbs in Tennessee Report

NASHVILLE, Tenn. (AP) – The Tennessee Bureau of Investigation says firearm-related criminal offenses have increased by almost 25 percent over a four-year period.

REGIONAL NEWS

Arkansas Lawmakers Put Efforts to Ban Herbicide on Hold

LITTLE ROCK, Ark. (AP) – Arkansas lawmakers have put on hold a plan to ban an herbicide that farmers in several states say has drifted on to their crops and caused damage, agreeing with a panel's recommendation to call on regulators to revise restrictions proposed on the weed killer.

Mississippi City to Pay $850K in Police Back Wages

TUPELO, Miss. (AP) – A Mississippi city will pay more than $850,000 in back wages to more than 100 police officers following a federal investigation of payment practices.

NATIONAL BUSINESS

Calendar Quirk, Amazon Put Pressure on Retailers to Deliver

NEW YORK (AP) – A calendar quirk this year and Amazon's seven-days-a-week delivery capability are building pressure on retailers to deliver.

Disney-Fox Deal May Create a New Nerdy Nirvana

MENLO PARK, California (AP) – The coming union of the Disney and Fox media empires is set to create a new nirvana for fanboys and -girls, one that reunites superheroes and sci-fi characters long separated by an energy barrier of corporate legalism.

TECHNOLOGY

Facebook: Social Media Scrolling Can Make You Feel Bad

MENLO PARK, Calif. (AP) – It's not quite like tobacco companies warning about the dangers of smoking, but Facebook is acknowledging something many already know: Using social media can be bad for your health.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 130 1,129
MORTGAGES 95 178 1,373
FORECLOSURE NOTICES 12 45 197
BUILDING PERMITS 345 345 1,998
BANKRUPTCIES 61 132 767
BUSINESS LICENSES 0 0 298
UTILITY CONNECTIONS 53 88 480
MARRIAGE LICENSES 44 44 126

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The Memphis News: Business, politics, and the public interest.