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Memphis Business News

BUSINESS NEWS

Collage of influential leaders in Memphis representing various sectors.

Memphis Celebrates Influential Leaders in Annual ‘Who’s Who’ List

August 12, 2025

Memphis, August 12, 2025 News Summary The city of Memphis has unveiled its annual ‘Who’s Who’ list, recognizing notable individuals from various sectors including politics, healthcare, education, and the arts. This...

Residential area in Memphis with short-term rental properties

Memphis Intensifies Regulations on Short-Term Rentals Amid Violence Concerns

August 11, 2025

Memphis, TN, August 11, 2025 News Summary Memphis city officials are under pressure to regulate short-term rentals in response to rising violence linked to these properties. Recent data shows multiple shootings...

A historic Black church in Memphis with classic architecture

New Grant Program to Preserve Historic Black Churches in Memphis

August 9, 2025

News Summary A new initiative in Memphis aims to preserve historic Black churches through a grant program by the National Trust for Historic Preservation, offering financial assistance ranging from $50,000...

Historic church building representing the cancelled Hattiloo Theatre project in Memphis.

Hattiloo Theatre Halts Plans for Community Theatre in Memphis

August 7, 2025

News Summary Hattiloo Theatre will not proceed with its plans to establish a community theatre at the former Brick Church site in Memphis, as confirmed by the Memphis and Shelby...

View of Memphis industrial area showing various warehouses and logistics centers.

Memphis Industrial Real Estate Market Strengthens

August 4, 2025

News Summary The industrial real estate market in Memphis is gaining momentum, with increased leasing activity and demand reported for Q2. Despite economic uncertainties causing cautious decision-making, significant transactions highlight...

A lively community event in Memphis with various cultural activities.

Celebrating 30 Years of The Memphis Flyer

August 2, 2025

News Summary The Memphis Flyer, a key local publication, marks over 30 years of service to the Memphis community. With a rich blend of hard news, entertainment, and cultural coverage,...

Interior of the Barnes & Noble store with bookshelves and a reading area.

New Barnes & Noble Store Opens in Germantown, Tennessee

August 1, 2025

News Summary Germantown is set to welcome its first major bookstore in nearly 15 years with the opening of a new Barnes & Noble location. The grand opening is scheduled...

Aerial view of Memphis showing the skyline and local educational facilities.

Debate on Tax Breaks in Memphis: PILOTs Under Scrutiny

July 31, 2025

News Summary Memphis faces a contentious debate over PILOT tax breaks, with supporters claiming they stimulate growth and critics arguing they harm public services. Recent approvals raised questions about their...

Collage representing 30 years of Memphis Flyer local news

Memphis Flyer Celebrates 30 Years of Local News

July 31, 2025

News Summary The Memphis Flyer is celebrating over 30 years of delivering local news and entertainment to the Memphis community. Established in 1989, it has become a staple for residents,...

Finance

Aerial view of Memphis showing the skyline and local educational facilities.

Debate on Tax Breaks in Memphis: PILOTs Under Scrutiny

July 31, 2025

News Summary Memphis faces a contentious debate over PILOT tax breaks, with supporters claiming they stimulate growth and critics arguing they harm public services. Recent approvals raised questions about their...

High-tech data center with GPUs for AI advancements

Elon Musk’s xAI Secures $10 Billion Funding Boost

July 3, 2025

News Summary Elon Musk’s artificial intelligence firm, xAI, has raised $10 billion in new funding, consisting of $5 billion in debt and $5 billion in equity investments. This funding, announced...

Entrepreneurs collaborating in Memphis' Entrepreneurship City program.

Memphis Launches ‘Entrepreneurship City’ Program for Local Businesses

June 29, 2025

News Summary Memphis has unveiled the ‘Entrepreneurship City: Where Grit Meets Growth’ initiative, aimed at supporting local businesses through financial assistance. Launched by Mayor Paul Young and EDGE President Dr....

Local Memphis entrepreneurs at a community event promoting small business support

Memphis Unveils Initiatives to Support Small Businesses

June 27, 2025

News Summary Memphis has launched new initiatives to boost small business growth through financial aid and community partnerships. Mayor Paul Young and Joann Massey announced the program, aiming to support...

New construction projects in Downtown Memphis

Downtown Memphis Development Gains Momentum with New Projects

June 19, 2025

News Summary Downtown Memphis is experiencing a resurgence in development projects, driven by recent funding approvals and organizational changes. The Downtown Memphis Commission has approved a loan for renovations at...

Students in a Memphis classroom emphasizing safety measures.

Memphis-Shelby County Schools Board Approves $1.95 Billion Budget

June 12, 2025

News Summary The Memphis-Shelby County Schools board has approved a budget of $1.95 billion, the first under interim Superintendent Roderick Richmond. The budget allocates $1.37 billion for the general fund...

Memphis skyline depicting economic growth and development

Fred Smith Discusses Economic Challenges in Memphis

June 6, 2025

News Summary At the American Dream Initiative Solutions Summit, Fred Smith, founder of FedEx, addressed economic challenges facing Memphis, emphasizing the need for strategic investment in education, public infrastructure, and...

Architectural rendering of the new West Tennessee Bank in Germantown's medical corridor.

Germantown’s Medical Corridor to Welcome New Bank

June 4, 2025

News Summary A new bank proposed by West Tennessee Bank is set to open in Germantown’s medical corridor, enhancing accessibility for residents and healthcare providers. The Germantown Planning Commission has...

View of a Memphis neighborhood with single-family homes and rental properties

Memphis Welcomes Wall Street Investment

April 23, 2025

News Summary Memphis is experiencing a rapid transformation in its housing market due to an influx of out-of-town investment groups and hedge funds. Recent statistics indicate a significant decline in...

CONSTRUCTION

Top ERP Solutions for Commercial Construction Firms in Memphis (2025)

August 4, 2025

Memphis, TN, August 4, 2025 Best ERP for Commercial Construction Firms in Memphis, TN: Enhance Project Management with CMiC ERP For commercial construction firms in Memphis, TN, managing projects efficiently while...

Manufacturing Facility Expansion

Radians Announces Major Expansion in Memphis, Boosting Local Economy and Workforce

September 11, 2024

Exciting Expansion for Radians in Memphis Memphis is buzzing with good news as a local manufacturer, Radians, has announced its plans to significantly expand its operations right here in town....

Corporate Campus Landscape

Exciting Development in Memphis: Prime Office Building Available for Sale

September 10, 2024

Exciting Development in Memphis: A Prime Office Building Hits the Market Here in Memphis, things are buzzing as a notable office building just became available for sale. The heart of...

Crispy chicken delight

Memphis Welcomes Kukuruku Crispy Chicken: A New Filipino-style Restaurant Opening Before Thanksgiving

September 10, 2024

Memphis is getting a tasty new addition to its food scene just in time for the holiday season. Kukuruku Crispy Chicken, a Filipino-style chicken restaurant, is set to open its...

Urban Development Debate

Memphis City Council Faces Community Backlash Over Proposed Whataburger Development on Union Avenue

September 4, 2024

Memphis City Council Divided Over Development Plans for Empty Lot on Union Avenue Memphis, Tenn. – The future of a vacant lot on Union Avenue is causing quite a stir...

Airport Locksmith at Work

Memphis International Airport’s Locksmiths: The Unsung Heroes of Security and Convenience

September 3, 2024

Memphis: The Unsung Heroes of Airport Security – Locksmiths In the bustling city of Memphis, where the planes take off and land at an impressive pace at the Memphis International...

Transit Spending Accountability

MATA’s Financial Mismanagement Sparks Service Cuts and Public Outcry in Memphis

August 30, 2024

MATA’s Spending Scrutinized Amid Service Cuts in Memphis Memphis, Tennessee – The Memphis Area Transit Authority (MATA) is under the microscope after recent reports highlighted extravagant spending amidst a looming...

Buc-ee's Construction Progress

Buc-ee’s Family Travel Center Coming to Fayette County Following Tax Incentives Approval

August 15, 2024

Buc-ee’s Heading to Fayette County: Tax Incentives Approved for Major Construction Fayette County, Tennessee, is getting ready for a major addition to the community as leaders have officially given the...

New Hotel Construction

Home2 Suites Hotel Set to Open in Downtown Memphis by October 2024

August 15, 2024

Home2 Suites Set to Open in Downtown Memphis If you’ve been strolling around Downtown Memphis recently, you’ve likely noticed an exciting new construction project taking shape at the corner of...

Marketing

Memphis Young Entrepreneur Aiden Hubbard Sweetens Community with Mr. Lemon-Aiden Lemonade Stand

Memphis Young Entrepreneur Aiden Hubbard Sweetens Community with Mr. Lemon-Aiden Lemonade Stand

December 12, 2024

Memphis Wonder Kid Stirs Up Sweet Success with Mr. Lemon-Aiden Meet the Young Entrepreneur Making Waves in the Memphis Business Scene In the vibrant city of Memphis, a remarkable young...

Memphis Becomes a Major Hub for AI with Supercomputer Expansion and Tech Investments

Memphis Becomes a Major Hub for AI with Supercomputer Expansion and Tech Investments

December 7, 2024

Memphis Hits the AI Jackpot with Major Supercomputer Expansion MEMPHIS, Tenn. — Exciting news is buzzing around the city as xAI unveiled plans to expand its groundbreaking “Colossus” supercomputer facility...

Exciting Times Ahead for Memphis as Economic Ties with South Korea Strengthen

Exciting Times Ahead for Memphis as Economic Ties with South Korea Strengthen

December 5, 2024

Exciting Times Ahead for Memphis as Economic Ties with South Korea Strengthen Memphis, a city known for its rich cultural heritage and vibrant music scene, is now at the forefront...

Memphis City Council Faces Budget Challenges with New Funding Initiatives

Memphis City Council Faces Budget Challenges with New Funding Initiatives

December 5, 2024

Memphis City Council Tackles Budget Concerns with New Funding Shifts In the bustling heart of Memphis, the municipal juggernaut that is the City Council took center stage recently as it...

Memphis' 9906 Candle Co. Lights Up the Community with Handcrafted Aromas

Memphis’ 9906 Candle Co. Lights Up the Community with Handcrafted Aromas

November 27, 2024

Memphis Shines with the Sweet Aroma of 9906 Candle Co. Have you ever walked into a room and felt instantly transported to a cozy, happy place? That’s the magic of...

Exciting Initiative Launches to Propel Black-Owned Businesses in Memphis

Exciting Initiative Launches to Propel Black-Owned Businesses in Memphis

November 22, 2024

Exciting News for Memphis: Initiative to Boost Black-owned Businesses Memphis is buzzing with optimism as an organization dedicated to closing the racial income and wealth gap in U.S. cities has...

Exciting Developments in Education and Real Estate Transforming Memphis!

Exciting Developments in Education and Real Estate Transforming Memphis!

November 13, 2024

Exciting Updates Hitting the Streets of Memphis! Hey there, Memphis! Hope you’re all doing well. We’ve got some exciting news buzzing around the city that you might want to pay...

Memphis Sees Positive Shift in News Consumption and Community Perception

Memphis Sees Positive Shift in News Consumption and Community Perception

November 5, 2024

Memphis: The Shift in News Consumption and Community Perception Hey there, Memphis! Have you noticed how our local news landscape is changing? Well, recent data suggests that our dear city...

Exciting Leadership Changes Energize Southaven Chamber of Commerce

Exciting Leadership Changes Energize Southaven Chamber of Commerce

November 4, 2024

Exciting Changes at the Southaven Chamber of Commerce Southaven has something to celebrate! Late last week, the Chamber of Commerce made some exciting announcements regarding its leadership team. This news...

Real Estate

Residential area in Memphis with short-term rental properties

Memphis Intensifies Regulations on Short-Term Rentals Amid Violence Concerns

August 11, 2025

Memphis, TN, August 11, 2025 News Summary Memphis city officials are under pressure to regulate short-term rentals in response to rising violence linked to these properties. Recent data shows multiple shootings...

A historic Black church in Memphis with classic architecture

New Grant Program to Preserve Historic Black Churches in Memphis

August 9, 2025

News Summary A new initiative in Memphis aims to preserve historic Black churches through a grant program by the National Trust for Historic Preservation, offering financial assistance ranging from $50,000...

Historic church building representing the cancelled Hattiloo Theatre project in Memphis.

Hattiloo Theatre Halts Plans for Community Theatre in Memphis

August 7, 2025

News Summary Hattiloo Theatre will not proceed with its plans to establish a community theatre at the former Brick Church site in Memphis, as confirmed by the Memphis and Shelby...

View of Memphis industrial area showing various warehouses and logistics centers.

Memphis Industrial Real Estate Market Strengthens

August 4, 2025

News Summary The industrial real estate market in Memphis is gaining momentum, with increased leasing activity and demand reported for Q2. Despite economic uncertainties causing cautious decision-making, significant transactions highlight...

A street view of diverse homes in Memphis indicative of the housing market dynamics.

Memphis Housing Market Shifts to Buyer’s Market

July 28, 2025

News Summary Memphis is seeing a shift in its residential real estate market, transitioning to a buyer’s market with declining sales and rising home prices. Year-to-date figures indicate a 6%...

Cityscape of Memphis showcasing residential properties

Memphis Residential Real Estate Market Shifts to Buyers

July 27, 2025

News Summary As of July 24, 2023, the Memphis area has experienced a transition to a buyer’s market in residential real estate. Although home prices continue to rise, the total...

A neighborhood in Memphis depicting homes available for sale.

Memphis Real Estate Market Shows Signs of Resilience

July 24, 2025

News Summary The Memphis real estate market is navigating moderate growth amid evolving dynamics, with increased buyer activity despite historically normal mortgage rates. Inventory levels are rising, benefiting buyers, while...

Diverse group of minority contractors at a construction site collaborating on a project.

Empowering Minority Contractors in Memphis

July 22, 2025

News Summary Memphis faces significant economic disparities impacting minority contractors. The Memphis Area Minority Contractors Association (MAMCA) supports these businesses through education, advocacy, and access to opportunities. With a mission...

Parking area at Tom Lee Park in Memphis

New Parking Regulations at Tom Lee Park in Memphis

July 20, 2025

News Summary Memphis is set to implement new parking regulations to enhance visitor access to Tom Lee Park after extensive road construction on Riverside Drive concludes in mid-August 2025. The...

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