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Updated: 1 hour 25 min ago

Popular pizzeria en route to Memphis’ Edge District

3 hours 32 min ago
A fast-growing Nashville-based pizza restaurant is poised to open an Edge District location this fall. Slim and Husky’s Pizza Beeria cofounder Clinton Gray said that Memphis was the most obvious city for expansion, with many residents having eaten at the company’s Nashville highly successful locations. He and the other cofounders have strong connections to the Bluff City, through their years at Tennessee State University. “We had so many friends from the Memphis area … and we would always…

SBA Spotlight: Moving Memphis with My Town Movers (video)

3 hours 40 min ago
In May, the Memphis Business Journal honored its 2019 Small Business Awards finalists at a special ceremony. In the coming weeks, MBJ will release spotlight videos, created by Prodigi Arts, on each of those companies. My Town Movers was the winner in the 21 to 40 employees category. While My Town Movers might be in the moving business, the company was actually created to make a difference in the community. Founded in 2013, the company now has 25 employees and is focused on providing a positive…

AutoZone asks for $11M tax break for 130 new jobs, $145 million Downtown expansion

Fri, 06/14/2019 - 15:42
AutoZone is planning to invest $145 million and add 130 employees in Downtown Memphis. The company, which was a pioneer in Downtown's resurgence, is asking the Economic Development Growth Engine (EDGE) for Memphis & Shelby County for an $11 million tax break for the expansion. The jobs would pay an average of $80,000 per year, according to the corporation's application. The positions would be located in the pair of adjoining South Front Street buildings the corporation bought last year as well…

More top 10 players commit to play at WGC-FedEx St. Jude Invitational

Fri, 06/14/2019 - 14:51
Top golfers in the PGA continue to commit to play in Memphis at July's inaugural 2019 World Golf Championships-FedEx St. Jude Invitational. Americans Patrick Cantlay and Xander Schauffele, two of the top 10 players in the world, are the latest names to be added to the field that will be playing at TPC Southwind July 24-28. Cantlay is ranked No. 8 by the Official World Golf Rankings, and Schauffele is currently No. 10. Click the slideshow at the top of the page to see the golfers who have committed…

Aldi sets opening date for new Summer Avenue store

Fri, 06/14/2019 - 14:35
Aldi is getting ready to open its 11th Memphis area location next month. Aldi, which has had a presence in the area for 14 years, will open a new-build store on Thursday, July 11, at 4720 Summer Ave. Troy Marshall, vice president of Aldi's Mt. Juliet division, said Aldi overall has invested more than $15.2 million in the Memphis metropolitan area. Last year, Aldi purchased the vacant five acres on Summer for $1.5 million. Its former store, at 4508 Summer Ave., closed on May 19, according to a…

Fred's filing anticipates 'significant changes' to results of operations in delayed quarterly report

Fri, 06/14/2019 - 14:30
Once again, Fred’s will be delayed in the filing of its quarterly report. The Memphis-based discount retail chain, Fred’s Inc., filed a form with the U.S. Securities and Exchange Commission (SEC) Friday, June 14, that stated it was delayed in preparing and filing its quarterly report for the period that ended May 4. Fred’s annual report was also delayed earlier this year. Fred’s said the "timely filing" of the form was "impracticable without undue hardship and expense" because this is…

Terminix creates new director role in commercial division

Fri, 06/14/2019 - 13:38
Terminix Commercial has created a new director role to lead its technical experts. Daniel Baldwin was named director of technical, training, and regulatory services for the Memphis-based firm. Most recently, he was a senior scientist in the restaurant food safety division at Taco Bell Corp. “Dan’s leadership and specialized quality and operations expertise is exactly what our team needs to enhance our protection for our customers’ facilities, customers, and reputations,” said Greg Rutherford,…

Top of the Market: Last Artesian unit, East Memphis homes lead the way

Fri, 06/14/2019 - 13:31
Top of the Market took a rare vacation last week, so this week's roundup is based on two weeks of data. The expanded home sales roundup features five homes that fetched a combined $4.97 million, and it includes what appears to be the last unoccupied unit in the Artesian condominium tower to be sold by the developer. The No. 5 home from the period was a 1972 East Memphis estate that sold for $820,000. Located on River Oaks Road in ZIP 38120, the house contains four bedrooms and four-and-a-half bathrooms…

Food truck takes plunge with Memphis mall location

Fri, 06/14/2019 - 10:15
A Memphis-based seafood truck has expanded operations as a tenant at the Oak Court Mall. Fresh Gulf Shrimp opened its first brick-and-mortar location in the East Memphis mall on June 8, according to its Facebook page. The restaurant, owned by Jacqueline Johnson, joins the mall's mix of eateries, including Chick-fil-A, China Master, and Charley's. "Oak Court Mall is thrilled to welcome Fresh Gulf Shrimp to our location," Carmen King, general manager at Oak Court Mall, said in a release. "I think…

Five questions with Lakesha Williams, of Regions Private Wealth Management

Fri, 06/14/2019 - 09:48
"I think that it is important for people to see qualified women of color in leadership roles."

Editorial: Health is serious business

Fri, 06/14/2019 - 05:00
Health really is wealth — and that’s never more apparent than when you are running low on it.

Executive Health: The walking dealmaker

Fri, 06/14/2019 - 05:00
Bespoke Sports & Entertainment CEO Mike Boykin walks his way to new business every day — to the tune of more than 3,000 miles last year.

Legals 061419

Fri, 06/14/2019 - 05:00
Legals 061419

Kroger breaks ground on its first automated warehouse, with more to come

Thu, 06/13/2019 - 14:43
Kroger Co. officials joined executives from British online grocery retailer Ocado in breaking ground in Ohio on what Kroger group vice president of corporate affairs Jessica Adelman called a “truly historic, first-of-its-kind” automated warehouse facility. Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, plans to open the $55 million, 335,000-square-foot customer fulfillment center known as a “shed” in spring 2021. Located in Monroe, Ohio, the facility will…

Home truth: Owner data reveals numbers aren't always what they seem

Thu, 06/13/2019 - 14:41
Data can tell stories. But, it can also have multiple stories to tell. Last week, LendingTree released a report noting that Memphis had the lowest black homeownership rate among the 50 largest cities in the U.S. The report looked at the Memphis area’s black homeownership by subtracting the percentage of the metro’s black residents (46.5 percent) from the percentage of black owner-occupied homes (34.7 percent). The resulting figure — 11.7 percent — registered as the lowest percentage…

DHL plans to add 50 jobs, invest millions of dollars in Memphis facilities

Thu, 06/13/2019 - 14:21
Logistics firm DHL Supply Chain will expand its medical device and pharmaceutical logistics business in Memphis and elsewhere, bringing about 50 more jobs and $8 million in capital investment, a company spokeswoman confirmed Thursday, June 13. The new jobs and investment will add to the approximately 400 full-time employees the German-based firm has in Memphis, the spokeswoman said. “This expansion allows DHL Supply Chain to continue to deepen the connections between our customers and the patients…

Pyrex parent set to grow its Marshall County footprint

Thu, 06/13/2019 - 14:12
Pyrex's parent company is now set to occupy more than 1 million square feet of North Mississippi industrial space.

Orpheum's new COO thrilled to be in Memphis

Thu, 06/13/2019 - 13:57
Baptiste began her career at Alvin Ailey as a student in 1997, when she moved to New York to try and become a professional dancer.

Don’t sleep on shut-eye

Thu, 06/13/2019 - 12:50
If you’ve got poor sleep health, one thing you can do to start to address it is create a sleep routine.

SBA Spotlight: The Crump Firm, designing the Mid-South for nearly 50 years (video)

Thu, 06/13/2019 - 12:25
In May, the Memphis Business Journal honored its 2019 Small Business Awards finalists at a special ceremony. In the coming weeks, MBJ will release spotlight videos, created by Prodigi Arts, on each of those companies. The Crump Firm Inc. Architects was a finalist in the 21 to 40 employees category. The Crump Firm Inc. Architects Drive around Memphis, and the work of The Crump Firm Inc. Architects is on full display. From buildings for St. Jude Children’s Research Hospital to MAA’s headquarters,…

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