Memphis Business News

Memphis Business News

BUSINESS NEWS

Bar Limina's exterior after renovationsBar Limina's exterior after renovations

Bar Limina Receives Grant for Exterior Improvement

May 23, 2025

News Summary Bar Limina in Memphis has been awarded a $14,650 grant to enhance its exterior, including sidewalk repairs, landscaping, and new signage. This funding is part of a revitalization...

Community members engaged in activities at Amigo Community Center in MemphisCommunity members engaged in activities at Amigo Community Center in Memphis

Amigo Community Center Empowers Latinx Communities in Memphis

May 22, 2025

News Summary The Amigo Community Center of the Midsouth has officially opened, aiming to support Latinx and immigrant communities in Memphis with essential resources and bilingual services. Founded by Angela...

Allegiant Air Launches Nonstop Flights from Memphis to Knoxville

May 22, 2025

News Summary Allegiant Air has announced a new nonstop flight service connecting Memphis International Airport with McGhee Tyson Airport in Knoxville starting September 4. Initially operating twice weekly on Thursdays...

Memphis Community Disputes New Liquor Store Near School and Church

May 21, 2025

News Summary The opening of a new liquor store, The Station, in Memphis has sparked significant community debate. Located near Woodland Presbyterian Church and School, it faces opposition from local...

Memphis Community Protests xAI Data Center Over Pollution

May 21, 2025

News Summary The local community in Memphis is expressing serious concerns over Elon Musk’s xAI data center, Colossus 2, citing pollution and health risks. Residents in the predominantly Black Boxtown...

Demolition of Somerset Apartments Set to Begin in Memphis

May 20, 2025

News Summary The long-vacant Somerset Apartments in the Oakhaven community of Memphis will be demolished as part of a redevelopment plan to create quality, affordable housing. The initiative, announced by...

Memphis Community Stirs Over New Liquor Store Opening

May 20, 2025

News Summary The opening of The Station, a new liquor store in Memphis, is causing controversy due to its proximity to Woodland Presbyterian Church and School. While owner Ethan Edwards...

New Gluten-Free Bakery Set to Open in Memphis

May 19, 2025

News Summary Jacques Louise Bakery, a new gluten-free bakery owned by Savannah Kenney, will officially open its first brick-and-mortar location in Memphis at 2094 Trimble Place. The bakery is focused...

Memphis Housing Market Sees Decline in Sales Amid Rising Prices

May 18, 2025

News Summary The Memphis housing market is experiencing a significant drop in home sales as of January 2025, with transactions reducing by 7.0% year-over-year. Despite this downturn, median home prices...

Finance

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...

Economic Turmoil in Memphis Following Trump Tariffs

April 11, 2025

News Summary Memphis faces significant economic challenges due to recent tariffs announced by former President Trump, impacting major local companies like FedEx and AutoZone. Stock prices are falling sharply, with...

Memphis Residents Brace for Impact as EU Increases Tariffs

March 13, 2025

News Summary Memphis residents are preparing for potential price hikes on imported goods due to new tariffs imposed by the European Union in response to the U.S. reducing tariffs. This...

Tanya Hart: From Teller to Executive Leader

February 17, 2025

News Summary Tanya Hart’s inspiring journey from a vulnerable neighborhood in Memphis to becoming the Executive Vice President and Chief HR Officer at First Horizon Corporation showcases the power of...

Memphis Utility Provider Resolves Legal Dispute with Tree-Trimming Company

February 1, 2025

News Summary Memphis Light, Gas and Water (MLGW) has settled a federal lawsuit against Asplundh Tree Expert, LLC, over contract breaches concerning tree trimming services vital for maintaining city power...

Memphis Housing Market Sees First-Time Buyers Aging

January 21, 2025

News Summary The Memphis housing market is witnessing a significant shift, with the median age of first-time home buyers rising to 38 years, the highest since 1981. High interest rates,...

Middle-Class Income Shifts in Tennessee: A 15% Rise

December 23, 2024

News Summary Tennessee has experienced notable changes in middle-class income, with an average 15% rise in income levels, particularly in Nashville. As inflation continues to influence economic conditions, the thresholds...

Memphis Community Gears Up for More for Memphis Ordinance Vote Amid Controversy

December 17, 2024

Memphis Rallies Around More for Memphis Ordinance Amid Controversy In Memphis, exciting changes may be on the horizon, as the community gears up for a pivotal moment in the shape...

Exciting Developments in Memphis: United Housing Inc. Set to Move to a New HQ!

December 16, 2024

Exciting Developments in Memphis: United Housing Inc. Set to Move to a New HQ! Memphis is buzzing with news that is sure to uplift the community! Local nonprofit United Housing...

CONSTRUCTION

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....

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...

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...

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...

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...

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 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...

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...

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

August 14, 2024

Exciting New Hotel Coming to Downtown Memphis! Memphis residents and visitors, get ready for some exciting news! A shiny new four-story building is popping up at the corner of Vance...

Marketing

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

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

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

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

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

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!

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

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

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

Bar Limina Receives Grant for Exterior Improvement

May 23, 2025

News Summary Bar Limina in Memphis has been awarded a $14,650 grant to enhance its exterior, including sidewalk repairs, landscaping, and new signage. This funding is part of a revitalization...

Memphis Community Disputes New Liquor Store Near School and Church

May 21, 2025

News Summary The opening of a new liquor store, The Station, in Memphis has sparked significant community debate. Located near Woodland Presbyterian Church and School, it faces opposition from local...

Demolition of Somerset Apartments Set to Begin in Memphis

May 20, 2025

News Summary The long-vacant Somerset Apartments in the Oakhaven community of Memphis will be demolished as part of a redevelopment plan to create quality, affordable housing. The initiative, announced by...

Memphis Community Stirs Over New Liquor Store Opening

May 20, 2025

News Summary The opening of The Station, a new liquor store in Memphis, is causing controversy due to its proximity to Woodland Presbyterian Church and School. While owner Ethan Edwards...

Memphis Housing Market Sees Decline in Sales Amid Rising Prices

May 18, 2025

News Summary The Memphis housing market is experiencing a significant drop in home sales as of January 2025, with transactions reducing by 7.0% year-over-year. Despite this downturn, median home prices...

Memphis Housing Market Faces Decline in Sales Despite Rising Prices

May 18, 2025

News Summary Memphis is witnessing a shift in its housing market with rising home prices but a significant decrease in sales. A report indicates home sales fell by 7% year-over-year...

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...

Introducing Annestasis: A Compassionate Moving Service in Memphis

April 14, 2025

News Summary Moving can often feel overwhelming, but Annestasis in Memphis aims to change that narrative. Founded by local Stacey Saed, the company offers compassionate project management for families and...

Bassham Wholesale Egg Co. Opens New Distribution Center in Memphis

April 3, 2025

News Summary Bassham Wholesale Egg Co. has made a significant move by establishing a new distribution center in Memphis, located near Simmons Bank Liberty Stadium. The 43,000-square-foot facility aims to...

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