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VOL. 131 | NO. 24 | Wednesday, February 3, 2016

Daily Digest

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Republic Coffee To Close

Republic Coffee, which opened in 2008, is closing its doors in less than a week.

The business, at 2924 Poplar Ave., is shutting down Monday, Feb. 8, at 6 p.m. The owners are considering a move back to California, with health issues playing a part in their decision.

“It is with deep regret that we announce Republic Coffee will be closing … ,” the owners said in a prepared statement. “It has been an honor to serve great coffee to the Memphis community over the last seven years. We have also been privileged to support many worthy local organizations, including Ronald McDonald House of Memphis, Voices of the South, Memphis Recovery Centers, Greater Memphis Greenline, Tennessee Shakespeare Company, Books From Birth and others too numerous to list.

Due to Sharon’s health issues, we have made the painful decision to close, considering a move back to our home state of California.

Heartfelt thanks to our loyal customers and friends. We will miss you!”

– Andy Meek

Ryan Hollins Signs Another 10-Day Contract With Grizz

The Memphis Grizzlies have signed backup center Ryan Hollins to a second 10-day contract.

Hollins (7-0, 240) has averaged 3.1 points and 2.6 rebounds in 10.6 minutes through his first nine games with the Grizzlies this season.

After joining the team for training camp, he was re-signed twice during the season on Dec. 29 (waived on Jan. 7) and to his first 10-day contract on Jan. 21.

Between his stay during training camp and his regular season stints with the Grizzlies, Hollins also played five games, making three starts, for the Washington Wizards.

The 31 year old has averaged 3.7 points and 2.2 rebounds in 495 career games (67 starts) over 10 NBA seasons with the Charlotte Bobcats, Dallas Mavericks, Minnesota Timberwolves, Cleveland Cavaliers, Boston Celtics, Los Angeles Clippers, Sacramento Kings, Washington Wizards and Grizzlies.

– Don Wade

Fresenius Medical Care to Open 17th Area Dialysis Clinic

Fresenius Medical Care is building a dialysis clinic in Raleigh, according to a $1.2 million building permit filed with the city-county Office of Construction Code Enforcement in late January.

The clinic will be an infill project at 5020 English Towne Drive, according to the application.

North Property Management LLC owns the property, which is west of Covington Pike.

Fresenius currently operates 16 dialysis clinics in the Memphis area. The closest to the new facility is about 2 1/2 miles away at 3850 Austin Peay Highway.

– Madeline Faber

Brazil Approves FedEx’s Acquisition of TNT Express

FedEx Corp. has three approvals down and one more to go regarding its $4.9 billion takeover of Dutch shipping company TNT Express.

On Tuesday, Feb. 2, Brazil-based antitrust watchdog Conselho Administrativo de Defesa Economic announced its unconditional approval of the acquisition.

For the merger to complete, the offer needs approval from the European Union, Brazil, China and the U.S. Approval from China’s regulatory body is outstanding.

FedEx authorities said the merger is making timely progress and is expected to close in the first half of 2016.

“Once the acquisition is closed, we look forward to the opportunities it will bring to our employees, customers and shareholders in Latin America and across the globe,” said David Bronczek, president and CEO of FedEx Express in a statement.

– Madeline Faber

Cognac, Cars & Cigars To Benefit Make-A-Wish

Attendees to an upcoming Make-A-Wish fundraiser will have the chance to enjoy cognac and premium cigars while perusing luxury cars from Gossett Audi and Gossett Porsche and personal cars from NBA players.

Tickets for the inaugural Cognac, Cars, & Cigars are on sale now at cognaccarsandcigars.com. The event will be held March 5 from 5 p.m. to 9 p.m. at the LAZ Parking Garage Rooftop, 200 S. 2nd Street.

Fifteen percent of net ticket sales will benefit Make-A-Wish Mid-South.

Advance general admission tickets are $100 and include a souvenir glass, beverage samples from Moet Hennessy, a premium cigar from BeLeaf Cigars and food samples. Food partners include Sweet Potato Baby is one of the event’s food partners; Carmen Hicks is one of the featured live bands.

Since 1980, Make-A-Wish has been granting wishes through its 61 chapters throughout the US. Make-A-Wish also operates in 45 other countries around the world through 38 affiliate offices.

– Don Wade

Oak Court Mall, United Way To Offer Free Tax Services

Oak Court Mall is teaming up with United Way of the Mid-South to offer free income tax preparation services on several upcoming Saturday afternoons, starting this weekend.

United Way volunteers will be at the mall Saturday, Feb. 6, from noon to 6 p.m. to offer tax help at no cost to taxpayers with a household income of $54,000 or less. The volunteers, who are IRS-certified, are trained to help tax filers claim qualifying credits and will provide information about community services and other beneficial financial resources.

The services will also be available at Oak Court from noon to 6 p.m. on Feb. 13 and 20; March 5, 19 and 26; and April 9.

Oak Court is just one of several locations where United Way is helping taxpayers with their filings this tax season. Services are available at Hickory Ridge Mall every day except Tuesdays and Sundays, and volunteers will be making stops at local library branches and other sites on various dates.

For a complete list, visit uwmidsouth.org.

– Kate Simone

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 23 23 1,365
MORTGAGES 21 21 1,068
FORECLOSURE NOTICES 6 6 196
BUILDING PERMITS 117 117 3,173
BANKRUPTCIES 42 42 795
BUSINESS LICENSES 2 2 331
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0