Content about Memphis

January 3, 2014

Inland Real Estate Income Trust has acquired the 159,258-sq.-ft. Wedgewood Commons Shopping Center in Olive Branch, Miss., a southeastern suburb of Memphis, Tenn. The purchase price was $33.9 million.

September 24, 2013

Academy Sports + Outdoors will open its first Memphis-area store on Sept. 27, in Collierville, Tenn.

August 23, 2012

Memphis -- Fred’s reported Thursday that net income for the quarter ended July 28 rose 19% to $6.1 million, compared with $5.1 million in the year-ago period.

Sales rose 4% to $470.8 million from $452.7 million, and same-store sales dipped 1%.

Profit results missed Wall Street expectations, and the discounter has lowered its full-year earnings forecast.

 

May 24, 2012

Fred's Inc. reported that profit for the quarter ended April 28 rose 9.9% to $10.5 million, compared with $9.5 million in the year-ago period.

April 16, 2012

Relocating a business and a family from Memphis, Tenn., to St. Petersburg, Fla., is a short distance in miles, but for The Sembler Co., which celebrates its 50th anniversary this year, the journey has been much longer.

“We have developed 350 projects, including 125 or 130 shopping centers,” said Mel Sembler, recently named chairman emeritus. “It’s been an interesting career.”

November 22, 2011

Discounter Fred's Inc. reported that profit for the third quarter rose 16% to $9 million, compared with $7.8 million a year earlier.

September 6, 2011

The Kroger Co. said Friday that its Kroger Delta Division, based in Memphis, has acquired eight Memphis-area Schnucks grocery stores that the company will convert and re-open under the Kroger banner over the next few weeks.

August 11, 2011

Family Dollar said Thursday it has opened its 7,000th store -- on South Highland St. in Memphis, Ten.

July 7, 2011

Renaissance at Colony Park announced that Brooks Brothers is joining its tenant lineup and is scheduled to open a 7,500+-sq.-ft. store in Ridgeland, Miss., in November.

May 24, 2011

Memphis, Tenn. — Strong third quarter results at AutoZone caused shares to surge on Tuesday and pushed the company’s stock toward the $300 mark.

May 17, 2011

Trademark Property Co. announced Monday that it has been engaged by an institutional owner to lease and manage the Shops at Saddle Creek, a 148,000-sq.-ft. lifestyle center in Germantown, Tenn.

November 23, 2010

Fred's said Tuesday that its third-quarter net income surged 56%, partly because of its improved merchandise mix and remodeled and upgraded stores.

August 31, 2010

Casual Male Retail Group, the nation’s largest retailer of men’s big and tall apparel,...

December 17, 2008

Fresh Brands, which operates Piggly Wiggly supermarkets in Wisconsin, is changing its name to Piggly...

December 10, 2008

Fred's Inc. Thursday announced the promotion of president Bruce A. Efird, 49, to CEO effective...

November 25, 2008

Fred's Inc. said Wednesday its third-quarter profit rose 32%, as the company cut its expenses....

October 6, 2008

Fred’s Inc., said its same-store sales rose 1.1% in September, but the retailer lowered its...

September 22, 2008

For its fourth quarter that ended Aug. 30, AutoZone reported that same-store sales showed a...

August 27, 2008

Fred's Inc. said Thursday its second-quarter profit fell 66%, hurt by the cost of closing...

August 17, 2008

AutoZone announced the election of Robert Grusky and William Crowley to the AutoZone board of...

June 24, 2008

AutoZone, Inc. has awarded advertising agency, Sponge, the title of Agency of Record. The assignment...

May 29, 2008

Fred's Inc. said Thursday its first-quarter profit fell 3% as higher sales were offset by...

March 26, 2008

Fred's Inc. said Thursday it swung to a fiscal fourth-quarter loss due to shrinking sales...

March 6, 2008

AutoZone, Inc. announced plans to open a new distribution center (DC) in Hazleton, Pa....

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