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News releases from Memphis Business Journal

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No longer courtside: How Fox Sports Southeast calls Grizzlies games in the socially distant age of COVID
The normal for them, when announcing a home game, is sitting up high in the mostly empty arena. In the age of COVID, they are separated by plexiglass, six feet apart with no fans to celebrate a Ja... 
Tags Sports Business James Shapiro Brevin Knight
From Business Journals
Terminix C-suite undergoes executive shuffle, top leaders set to depart
More than three months after completing the sale of ServiceMaster Brands and becoming a pure-play pest control company, Terminix is announcing leadership changes to simplify its organizational... 
Tags Kim Scott Greg Rutherford Brett Ponton
From Business Journals
Memphis As Usual: The stuff dreams are made of
"The entire COVID ordeal reminds me to not take for granted the people and experiences I value. Movies had me at hello, but whatever that passion is for you, support it and fight for it today so that... 
Tags Retailing & Restaurants Food & Lifestyle Malco Theatre
From Business Journals
See inside: $75M Hyatt Centric Beale Street to open in late March
“It will arguably possess the best views of the city that Memphis has to offer. … The design of the Hyatt Centric and rooms will reflect the history and heritage of Memphis." 
Tags Hotels & Lodging Travel & Tourism Hyatt Hotels Corporation
From Business Journals
Vaccine rollout: Top doc says Shelby County 'shortchanged' by the state
"The governor didn't send us as much vaccine. Shelby County has 14% of the state's population and we got 7% of the vaccine," said Dr. Jon McCullers. 
Tags David Sweat Jon McCullers Le Bonheur Children's Hospital
From Business Journals
Guest column: COVID-19 an unlikely catalyst for resilience, renewal
"Reason for hope can be found in the incredible resilience and adaptability of the Mid-South’s trailblazers, especially its entrepreneurs." 
Tags Carolyn Chism Hardy Scott Morris Pearson Crutcher
From Business Journals
Congress throws restaurants a bone, makes business meals fully deductible
"It's a win-win for both sides. [Companies are] getting a tax credit. They can impress customers; they can support your local restaurant," said Diane Kauker, general manager of Folk's Folly Prime Steak... 
Tags Diane Kauker Coronavirus Retailing & Restaurants
From Business Journals
Economic development committee shoots down PILOT moratorium
"I believe this item would be devastating to our community," Billingsley said. "We have a number of major projects that are in the queue as well as a number of major, major employers that we're trying... 
Tags Government & Regulations Mark Billingsley Economic Development Growth Engine Industrial Development Board
From Business Journals
EDGE preps $13.9M incentive for retention of 315 jobs, 50 new ones
A Milwaukee-based life sciences firm is seeking a $13.9 million tax incentive to not move its 315 Memphis jobs, add 50 new ones, and invest an additional $30 million locally. 
Tags Government & Regulations Economic Incentives
From Business Journals
Clean Memphis takes on food waste, sets 50% reduction goal
"The U.S. spends $218 billion a year growing, processing, and transporting food that's never eaten. Here, locally, we know that about 40% of the food that's grown or produced is not eaten." 
Tags Environment Jim Strickland Clean Memphis
From Business Journals
Shelby County commissioner proposes PILOT moratorium
Shelby County Commissioner Tami Sawyer is seeking a 180-day moratorium on new property tax breaks in the county. 
Tags Economic Incentives Commercial Real Estate Tami Sawyer
From Business Journals
Son of FedEx founder hired to rescue Atlanta Falcons
The son of FedEx Founder Fred Smith has been hired to coach the Atlanta Falcons. 
Tags Sporting Events Accounting & Consulting Professional Sports
From Business Journals
Why lower-tier hotels outperformed luxury brands in 2020
"If you go by luxury, there is an inverse order taking place,” said Chuck Pinkowski, owner of Pinkowski and Co. “The properties at the lower level, such as the economy, those are the properties that... 
Tags STR Travel Chuck Pinkowski
From Business Journals
Enthusiasm for Curb: Meet the Crosstown market's new GM, Randall Thomas
The grocery store biz runs in Randall Thomas' family. His father retired from Kroger, and his sister currently works for the company. And that's where Randall worked for 15 years — until he was... 
Tags Randall Thomas Kroger Co/ Recruiting & Hiring
From Business Journals
Vaccination stages taking longer in Shelby; next phase of restrictions unclear
So far, Shelby County has vaccinated about 1.9% of its population, SCHD chief of epidemiology David Sweat said. In comparison, Tennessee has vaccinated about 3.6% of its residents, according to the... 
Tags Coronavirus David Sweat Alisa Haushalter
From Business Journals
Dollar General will pay employees to get COVID-19 vaccine
“We do not want our employees to have to choose between receiving a vaccine or coming to work, so we are working to remove barriers." 
Tags Coronavirus Health Care Insurance
From Business Journals
Memphis restaurateur cooks up the Morehead System — a patent-pending air filtration tech
"The system is designed to reduce the microbial load, regardless of what it is — bacteria, funguses, viruses — all of that." 
Tags Coronavirus Carlos Morehead Mid/South Minority Business Council Continuum
From Business Journals
Biden's nominee for CIA director has Memphis corp. connection
William Burns, who sits on IP's board of directors, told the Memphis-based company he’ll resign from the board if he’s confirmed by the U.S. Senate. 
Tags Joe Biden William J/ Burns International Paper Company
From Business Journals
UMRF Research Park gains 'Soft Landing' distinction, could help attract foreign companies
“What this does is set an equilibrium,” said Ted Townsend, U of M’s chief economic development officer and government relations officer. “They understand there are other markets in the U.S that are... 
Tags Medical Devices Greater Memphis Chamber The University of Memphis
From Business Journals
MEM holiday travel down 46% in 2020
The Travel Security Administration (TSA) from Dec. 23, 2020 through Jan. 4, 2021, screened more than 48,000 passengers and employees during the Christmas travel period at the airport. 
Tags Travel & Tourism Coronavirus Aviation
From Business Journals
Gus's restaurant to open in Germantown, close in Collierville
Get ready, Germantown: Gus's World Famous Fried Chicken is coming for you. 
Tags Construction Restaurants Wendy McCrory
From Business Journals
With strong close to year, local home sales surpass 2019 quantity; prices up 14%
About 70 more local homes were sold in 2020 than in 2019, after a strong end of the year made up for April, May, and June. 
Tags Cassandra Bell/Warren Housing Market Residential Real Estate
From Business Journals
Developer seeks approval for new retail strip in Southwind
A new retail strip could be en route to a Hacks Cross property currently owned by Hilton. 
Tags LeMoyne/Owen College Abed Alaina Josh Whitehead
From Business Journals
Health Dept. inspections focused on restaurants, not where data shows most danger
Shelby County health officer Bruce Randolph acknowledged the incongruity between the focus on restaurants and the high-risk businesses like warehouses where data shows the virus is actually being... 
Tags Bruce Randolph Recruiting & Hiring United Parcel Service Inc/
From Business Journals
Memphis staffing agency grows national footprint amid pandemic
“New Jersey is just a pivotal growth platform for us as we look to grow in that regional part of the country." 
Tags Supreme Staffing Marnie Byford Career & Workplace
From Business Journals
NEED Grant amended to help restaurants, grocery stores
The amended NEED grant is aimed at restaurants and grocery stores facing hardship. Those businesses can apply for a $5,000 grant, even if they've previously received a NEED Grant. 
Tags Coronavirus Reid Dulberger Economic Development Growth Engine Industrial Development Board
From Business Journals
Tommy Peters vies with COVID closings, Nashville bombing: 'I think we'll be okay'
In the early morning hours on Dec. 25, 2020, restaurateur Tommy Peters received a call. It was the building manager from the B.B. King's Blues Club location in Nashville. They'd been bombed. 
Tags Food & Lifestyle Retailing & Restaurants B/B/ King's Blues Club
From Business Journals
Sedgwick hires Adam Fisher as its first chief data officer
“His expertise in data strategy will allow us to extend our analytics and data science capabilities across all lines of business." 
Tags Sedgwick Human Resources Adam Fisher
From Business Journals
Carvana's $40M West Memphis facility now operational
Carvana will use its new West Memphis facility to inspect, recondition, photograph, and store inventory. 
Tags Mallory Darby Asa Hutchinson Carvana
From Business Journals
Mayor Harris: Coronavirus herd immunity could take 12 months
The State of Tennessee has reported that about 127,000 doses have been administered statewide, which is about 2% of its population. Shelby County would have to surpass 17,000 doses to match the state... 
Tags Mayor Lee Harris Coronavirus Government & Regulations
From Business Journals
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