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Business

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  • Transportation/Logistics
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  • Ford Megasite
  • Business

    Memphis-based Varsity Spirit named in lawsuit alleging sexual abuse

    The suit claims Varsity and other defendants, including the United States All Star Federation and Premier Athletics, engaged in a conspiracy to cover up abuse. 

    By Rob Moore September 27, 2022
  • Germantown

    Germantown’s Carrefour, Glasgow developments closer to breaking ground

    The board approved contracts for the former Germantown Country Club site and a building at the reimagined Carrefour at Kirby Woods.

    By Abigail Warren September 27, 2022
  • Premium Financial Services

    CPA firm Reynolds, Bone & Griesbeck adds wealth-advisory arm

    RBG Wealth Advisors is a fee-only, independent wealth advisory firm operating as a division of Reynolds, Bone & Griesbeck.

    By Christin Yates September 26, 2022
  • Business

    Hospitality and tourism workforce struggles to reach pre-pandemic levels

    More than a million jobs have not been recovered from pandemic losses in the leisure and hospitality industry nationally.

    By Neil Strebig September 26, 2022
  • Food

    Gordon brings a new kind of grocery experience to Memphis

    Gordon Food Service opens in Midtown on Thursday and it’s a new kind of grocery for Memphis, a wholesale and retail combination complete with a big produce section and a deli.

    By Jennifer Biggs September 26, 2022
  • Premium Business

    Selling Memphis: When your city’s in the spotlight for the wrong reasons

    Recent crime in Memphis has made national, and even international, headlines. Greater Memphis Chamber president and CEO Ted Townsend can’t change that. But, as he continues to promote Memphis, he sees confirmation that those crimes don’t define the city. 

    By Don Wade September 25, 2022
  • Transportation & Logistics

    ‘How did it catch you so off guard?’: Investors grill FedEx CEO after troubling quarter

    The shipping giant announced earlier this month that its earnings for the first quarter of fiscal year 2023 were much lower than the company’s predictions. 

    By Rob Moore September 23, 2022
  • Business

    MLGW CEO J.T. Young received Florida job offer in recent weeks

    Young said his decision to leave the utility was largely driven by family.

    Related story: 

    MLGW CEO J.T. Young takes position with Florida utility

    By Keely Brewer September 23, 2022
  • Update Business

    MLGW CEO J.T. Young takes position with Florida utility

    Young leaves MLGW after four years. His departure next month comes at a critical point in the utility’s consideration of leaving the Tennessee Valley Authority. 

    By Bill Dries September 23, 2022
  • Ford Megasite

    Ford breaks ground on future BlueOval City at Megasite

    While crews began clearing the ground at the Megasite of West Tennessee as early as March, structural steel now represents the first phase of construction. 

    By Rob Moore September 23, 2022
  • Business

    National Black Restaurant Week launches in Memphis

    The event celebrates the flavors of African, African-American and Caribbean cuisine. 

    By Jasmine McCraven, Alicia Davidson September 22, 2022
  • Transportation & Logistics

    FedEx announces $2 billion in cost-cutting measures, rate increases

    In 2023, FedEx hopes to generate total cost savings of $2.2 to 2.7 billion, and the Memphis-based company plans increase some of its rates. 

    By Rob Moore September 23, 2022
  • Business

    3,000 ‘AutoZoners’ gather for annual sales meeting

    AutoZone opened 118 new stores and closed one in the U.S., opened 39 stores in Mexico and 20 stores in Brazil in 2022.

    By Rob Moore September 22, 2022
  • Guest Columnists

    Guest column: Buying now and paying later isn’t risk-free

    The Consumer Financial Protection Bureau has opened an inquiry into Buy Now, Pay Later loans to determine if they require additional regulation.

    By Randy Hutchinson September 22, 2022
  • Real Estate

    Memphis becomes first city in Tennessee with federal incentive for eco-friendly projects

    On Wednesday, Sept. 21, Economic Development Growth Engine board members approved the federal eco-friendly incentive for developers. 

    By Neil Strebig September 21, 2022
  • Transportation & Logistics

    FedEx shareholders overwhelmingly approve board, compensation for top execs

    While FedEx stockholders presented four proposals of their own during the company’s annual meeting, each was rejected by more than 60% of voted shares. 

    By Rob Moore September 21, 2022
  • Germantown

    Germantown to consider final review of two developments

    Two large developments in Germantown could be underway soon. The final review by the Board of Mayor and Aldermen is scheduled for Monday.

    By Abigail Warren September 21, 2022
  • Premium Real Estate

    Inked: Ivory Closet for sale, Dory looking to build new outdoor patio

    This week’s Inked shares news on a new 80-acre mixed-use development in Eads, Dory Restaurant’s new outdoor patio and a change in ownership for Ivory Closet in Overton Square. 

    By Neil Strebig September 21, 2022
  • Movers and Shakers

    Movers & Shakers

    Shelby County government, Wyatt, Tarrant & Combs and RKA Construction announce promotions and additions.

    By The Daily Memphian Staff September 24, 2022
  • Health Care

    Memphis medical device sector boasts nearly $4.1 billion impact

    A new report shows the Greater Memphis area’s medical device industry, which has a nearly $4.1 billion yearly impact on the local economy, added nearly 2,000 jobs and grew its economic output by $1.4 billion since 2015. 

    By Aisling Mäki September 20, 2022
  • Health Care

    The Eye Center marks 20 years of helping Memphians see more clearly

    During its 20 years, more than 687,000 patients have visited The Eye Center at the Southern College of Optometry, and 10,000 have received for free or assisted eye health and vision care made possible through private grants and donations.

    By Aisling Mäki September 21, 2022
  • Premium Arts & Culture

    Memphis artist hopes new venue will ‘shed light’ on city’s art scene

    Hulsey Britt and Frankey Anderson approached Kenneth Wayne Alexander with a proposition: to curate a combined art space, restaurant, and entertainment venue dedicated to Black culture and Black excellence.

    By Joshua Carlucci September 20, 2022
  • Transportation & Logistics

    Memphis International announces nonstop flight to Austin

    American Airlines announced it will launch nonstop service between MEM and Austin-Bergstrom International Airport (AUS) starting in January.

    By Rob Moore September 20, 2022
  • Transportation & Logistics

    FedEx shareholders approve board of directors, executive compensation

    Shareholders approved the company’s 15 nominees to the FedEx board of directors, including two who were named to the board following an agreement between FedEx and activist investor D. E. Shaw, and compensation for the company’s executive officers. 

    By Rob Moore September 19, 2022
  • Business

    AutoZone reports strong quarter, commercial business continues to grow

    The automotive parts retailer reported its operating profit increased 5.7% to $1.1 billion and net income for the quarter increased 3.1% over the same period in 2021 to $810 million.

    By Rob Moore September 19, 2022

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