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Emphasis: Architects & Engineers with Fewer Mega-Projects Like Nike (Left) Happening Around Town, Engineering Firms Are Finding the Need to Work on Smaller Projects

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Emphasis: Architects & Engineers with Fewer Mega-Projects Like Nike (Left) Happening Around Town, Engineering Firms Are Finding the Need to Work on Smaller Projects October 11-17, 2013, Vol. 6, Issue 42 Emphasis: Architects & Engineers With fewer mega-projects like Nike (left) happening around town, engineering firms are finding the need to work on smaller projects. • P. 1 6 SHELBY • FAYEttE • Tipton • Madison ‘CULINARY ADVENTURE’ Food crawls on rise as Memphians seek new dining experiences P. 14 Dishcrawlers dig in for a meal at Automatic Slim’s. Food crawls and other eating events are rising quickly in Memphis, which is moving way beyond barbecue. (Memphis News/Andrew J. Breig) THE BREWS NO SOLACE IN BROTHERS MORAL VICTORY Kellan and Davin The Tigers and Vols Bartosch get crafty played well last week with Wiseacre but came up short. Brewing Co. • P. 7 What's next? • P. 1 2 WEEKLY DIGest: PAGE 2 INKED: PAGE 8 NONProFIT SECTOR: PAGE 10 LAW TALK: PAGE 24 EDITORIAL: PAGE 30 A Publication of The Daily News Publishing Co. | www.thememphisnews.com 2 October 11-17, 2013 www.thememphisnews.com weekly digest Get news daily from The Daily News, www.memphisdailynews.com. MAAR Reports Home THE MEMPHIS NEWS | almanac percent in September compared with a Sales Flat in September year ago. Memphis-area home sales for Sep- Analysts expected a 2.3 percent rise, OCTOBER 11-OCTOBER 17, 2013 tember rose 1 percent from a year ago, according to Thomson Reuters. This week in Memphis history: but sharply declined from August, accord- Revenue in stores open at least one ing to the Memphis Area Association of year is considered an important measure- Realtors. ment of a retailer’s performance because >> 1943: On the front page of The Daily News, Memphis and Shelby County MAAR reported 1,309 sales were it strips out the effects of opening new Schools got a $138,780 federal grant to handle the shift of population from recorded in the Memphis area in Septem- stores. rural areas and small towns to areas of the county where war plants were ber, up from 1,296 in September 2012. But Total sales for the month rose 4 per- located. The grant brought total funding for the Shelby County Board of sales fell 23 percent from August, when cent to $177.3 million from $170.9 million Education to more than $1 million. 1,702 sales were recorded, according to last year. MAAR. Year to date, revenue in stores open at >> 1923: The Grand Opera House at Main and Beale, built in 1890, was de- Through September, average sales least one year rose 0.8 percent, while total stroyed in a fire that started after a vaudeville show headlined by Blossom price rose 10.2 percent to $142,738. Inven- sales rose 1 percent to $1.301 billion. Seeley. It stood where the Orpheum Theatre is today. tory was up 1.2 percent, with 6,678 units Fred’s CEO Bruce Efird said the sales listed for sale. were on the high end of the company’s >> 1913: The Tennessee legislature passed two “force” bills designed to en- Sales volume through the first nine projected range, due to better general force the prohibition law that was to have taken effect starting the previous months of the year increased 21.1 percent merchandise and pharmacy sales. to $1.78 billion. Fred’s shares have traded in a range of July. One prohibited the transportation of liquor from one county to another “It is encouraging to see pricing up $12.30 to $17.71 over the past year. in the state. The second was a “nuisance act” which allowed for a court so much from this time a year ago. That’s injunction to close any place that sold liquor, was a gambling house or was good for sellers,” said MAAR president a brothel. The bills were proposed by Gov. Ben Hooper and opposed by in- Beale Voted ‘Most Regina Hubbard. “But interest rates are terests in Memphis who filed suit to delay enforcement of these provisions still pretty good for buyers, so the market Iconic American Street’ as well and opposed prohibition in general. is staying in balance.” When it comes to the character and Source: “Mr. Crump of Memphis” by William D. Miller MAAR records sales in Shelby, Fayette distinctiveness associated with a city’s and Tipton counties. most famous streets, there’s a certain Meanwhile, the last batch of Goldcrest beer street in the heart of Downtown Memphis was made at the Tennessee Brewery in Mem- Fred’s September that stands above the competition. phis the day before the passage of the force That’s according to voters who picked bills. More than 500 workers were laid off. Sales Figure Rises Beale Street as the winner of a 10Best and Source: “Finest Beer You Ever Tasted” Fred’s Inc., the operator of a chain of USA Today contest to find the “Iconic by Kenn Flemmons nearly 700 discount stores in the south- American Street.” eastern U.S., said Thursday, Oct. 10, that 10Best describes itself as providing an important sales measurement rose 2.8 travel content about attractions, things to SM LUV Me Tender. (And by tender, Join the Team I mean give me a chance to win and Share the Pennies! tickets!) Josh Pastner, Head Coach, University of Memphis Men’s Basketball Show your #MEMLUV! By adding a few extra pennies to your bill each month, you can Register for Southwest Airlines Rapid help a neighbor in need through the Rewards® and a chance to win tickets. MLGW/MIFA Share the Pennies program. As Southwest Airlines® begins to transition into Memphis International When you sign up to give, your donation Airport (MEM), we are encouraging the Memphis business community, helps elderly and disabled customers receive Memphis travel professionals and the general public-at-large to “Welcome” emergency energy efficiency repairs to their Southwest by registering for the Southwest Airlines Rapid Rewards® homes. frequent flyer program. Sign up by November 30, 2013, for a chance to As a thank you for joining the Share the win roundtrip tickets to one of many Southwest destinations. Pennies team, you’ll receive a coupon for a FREE 4-pack of Compact Fluorescent Lights No purchase necessary. Contest ends November 30, 2013. Must be US citizen 18 redeemable at participating The Home Depot or older to enter. Void where prohibited. For Official Rules and to enter, visit www.memphischamber.com or scan this code with your mobile device. stores. To enroll in Share the Pennies, go online to mlgw.com/sharethepennies or call MLGW Customer Relations at (901) 528-4887. www.thememphisnews.com October 11-17, 2013 3 Get news daily from The Daily News, www.memphisdailynews.com. weekly digest Cash Saver Renovations do and restaurants for destinations in the Longer-term rates have also stayed L Brands, the parent of Victoria’s U.S. and abroad. Continue Without Bakery low because of the partial government Secret, and Costco Wholesale Corp. were Beale had some stiff competition, Renovations under way at the Cash shutdown and a lack of government eco- among the chains that reported results beating out other famed streets like The Saver grocery at 1620 Madison Ave. no nomic data. that missed Wall Street estimates, while Strip in Las Vegas and New Orleans’ Bour- longer include space for chef Jason Doty The shutdown that began this month Stein Mart Inc. posted results that beat bon Street. to open his planned Crust & Crumb Bak- has spurred investors to sell stocks and analysts’ expectations. ery there. buy Treasury bonds. Mortgage rates tend Only a sliver of retail chains re- Decadent Avenue To Taylor James, the Cash Saver beer to follow the yield on the 10-year Trea- port monthly sales figures, and the list manager, said the project was not mov- sury note. The 10-year note traded at 2.67 doesn’t include Wal-Mart Stores, Macy’s Open Memphis Showroom ing forward because of personal issues percent Wednesday, up from 2.63 percent Inc. and many other large chains. But it Decadent Avenue, an e-commerce involving Doty, and the business tweeted last week but down from 2.71 percent on offers some clues into consumer spend- home furnishings retailer, will open this week: “Based on information made Sept. 23. ing heading into the holiday shopping its first North American Showroom in available to us today, our remodel plans The shutdown could also slow the season. Memphis and help a worthy cause while at Cash Saver Madison no longer includes housing recovery, if it lasts for more than doing it. space for Crust & Crumb Bakery.” a few weeks. Decadent Avenue will open its 25,000-square-foot showroom at 888 S. 30-Year Mortgage Rate Retailers Report Modest White Station Rd. in East Memphis Nov. 1 PUBLIC at 10 am. Averages 4.23 Percent September Sales Gains To commemorate the opening, the Average U.S. rates on fixed mortgages Several retailers reported modest AUCTION store will donate a portion of the week- were little changed this week, staying near sales gains for September as shoppers end’s sales proceeds to Le Bonheur Chil- their lowest levels in three months. who were worried about a partial govern- TUESDAY, OCTOBER dren’s Hospital. Mortgage buyer Freddie Mac said ment shutdown and the overall economy th Decadent Avenue’s operators have a Thursday that the average rate on the 30- pulled back their spending from the prior 15 10:00am CDT long history in retail. The company’s sister year loan edged up to 4.23 percent from month. The results increase concerns stores, Birmingham Wholesale Furniture 4.22 percent last week. The average on about how shoppers will spend for the and Louisiana Furniture Gallery, have the 15-year fixed loan rose to 3.31 percent crucial holiday season, the largest shop- DYNASTEEL been in business for more than 65 years from 3.29 percent.
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