Memphis is a city rich in culture, history, and entrepreneurial spirit, with neighborhoods that showcase vibrant businesses contributing to the city’s unique charm and economic growth. From iconic streets like Elvis Presley Boulevard to the trendy Cooper-Young District, these thriving neighborhoods reflect a legacy of resilience rooted in Black entrepreneurship. The success of Memphis’s Black-owned businesses today draws inspiration from historical hubs like Tulsa’s Black Wall Street, showcasing the transformative power of intentional community building.
Whether you’re exploring local dining, shopping for unique finds, or connecting with innovative entrepreneurs, these streets highlight the ongoing creativity, resilience, and economic contributions of Memphis’s Black business community
Elvis Presley Boulevard
Located in the historic Whitehaven community, Elvis Presley Boulevard is a vibrant street with a rich blend of history and thriving businesses. While it’s best known as the location of Graceland, the second most visited home in America, this iconic street is also home to a variety of standout establishments that reflect the culture and resilience of the neighborhood.
- Tri-State Bank: One of the few Black-owned banks in the nation, Tri-State Bank has been a cornerstone of financial empowerment since 1946, supporting economic growth in the community.
- Electrolyfe Juice Bar: A health-conscious spot offering fresh, revitalizing juices, perfect for those embracing wellness.
- M J Edwards Funeral Home: A trusted institution providing compassionate support during life’s most challenging moments.
- Beleaf Cigars: A welcoming space for cigar enthusiasts, offering premium hand-rolled options for both novices and aficionados.
- Egg King Cafe: A local favorite serving hearty homestyle breakfasts, known for its friendly atmosphere and delicious comfort food.
- Pollard’s BBQ: A must-visit for pulled pork lovers, combining the best of Memphis barbecue and game-day vibes.
- Hot Wings Spots: For wing enthusiasts, the boulevard boasts local gems like Dbo’s, BJs, and Best Wings, each serving up flavorful takes on this classic dish.
These businesses are more than just places to shop or dine; they represent the vibrant culture and entrepreneurial spirit that define Whitehaven and make Elvis Presley Boulevard a cornerstone of Memphis’s Black-owned business community.
Madison Avenue
Madison Avenue, particularly in the medical district area, is emerging as a hub for diverse businesses, reminiscent of the entrepreneurial spirit of Black Wall Street. This vibrant street offers a wide range of services and unique establishments, showcasing the creativity and drive of the local community.
- Spikner: A longstanding community staple, Spikner specializes in promotional product distribution and custom printing, serving businesses across Memphis.
- Phillip Ashley Chocolates: This world-renowned chocolatier, located at 1200 Madison Avenue, offers custom, award-winning chocolates that redefine luxury and creativity in confectionery.
- Slice of Soul Pizza Lounge: A local favorite, this Black-owned pizza shop serves up delicious pies with a soulful twist, perfect for casual dining or a night out.
- Modern Shoe Repair & Shoe Shine Parlor: This unassuming storefront is home to expert craftsmanship, providing high-quality shoe repair and shining services.
Madison Avenue is also a hotspot for creative industries and dining experiences:
- Marketing Agencies: Home to three prominent Black-owned firms—Three(i) Creative Communications, The Carter Malone Group, and Redmond Design Service LLC—this street fosters innovation and collaboration.
- Upscale Kutz Barbershop: A go-to destination for fresh cuts and community vibes.
- Brinson’s Downtown Chicken Lounge: A lively spot for great food, drinks, and entertainment.
- 524 Madison Event Center: A versatile venue for celebrations and gatherings.
- The Bar-B-Q Shop: A legendary destination for classic Memphis barbecue.
- Riko’s Kickin’ Chicken: Famous for its flavorful chicken dishes, this eatery is a must-visit for food enthusiasts.
Madison Avenue is steadily evolving into a thriving oasis for entrepreneurship, creativity, and community. With continued support and intentional growth, this street is becoming a shining example of Memphis’s entrepreneurial spirit.
Main Street
Main Street in downtown Memphis is a bustling hub of culture, history, and diverse Black-owned businesses. It showcases the creativity and determination of black entrepreneurs who have shaped this iconic street. Notable spots include:
- The Withers Collection Museum & Gallery: A historic museum showcasing the photography of Dr. Ernest C. Withers, capturing pivotal moments in black history and Memphis’s cultural evolution.
- Butterific Bakery & Café: This beloved local bakery is known for its rich, buttery desserts, including pound cakes and cookies that bring a homemade touch to every bite.
- Sage Memphis: offers a fresh take on Southern-inspired cuisine with a focus on bold flavors and locally sourced ingredients. Known for its signature Hot Cauliflower and Soul Waffles, this upscale yet inviting spot provides a unique dining experience that blends tradition with innovation.
Visitors can enjoy a mix of history, shopping, and dining while connecting with the vibrant black community along Main Street.
South Main Arts District
The South Main Arts District is a blend of history and creativity, home to unique Black-owned businesses that highlight the entrepreneurial spirit of the Memphis black community. Key establishments include:
- The African Place: A treasure trove of authentic African art, clothing, and cultural artifacts, connecting patrons with their heritage and black history.
- Cheryl Pesce The Lifestyle Store: A boutique featuring luxurious jewelry, handcrafted goods, and lifestyle items created by visionary business owners.
This district offers a perfect blend of artistic inspiration, cultural discovery, and connections to the business association of Memphis through its innovative entrepreneurs.
Cooper-Young District
Known for its vibrant, eclectic atmosphere, Cooper-Young is a trendy neighborhood that embodies the creative spirit of Memphis. Home to a variety of unique Black-owned businesses, this district offers something for everyone, whether you’re a foodie or a culture enthusiast. Highlights include:
- The Juice Joint Bar: Located at 999 S. Cooper St., this Black-owned juice bar offers a variety of fresh, health-conscious beverages in the heart of Cooper-Young.
- Waffle Cream: A sweet spot in Cooper-Young, Waffle Cream serves unique combinations of ice cream and waffles, providing a delightful treat for visitors and locals alike.
Cooper-Young is a haven for foodies and those looking to support business owners contributing to Memphis’s culture.
The Legacy of Black Wall Street and Its Lessons for Memphis
Black Wall Street, once thriving in Tulsa, Oklahoma’s Greenwood District, remains a powerful symbol of Black excellence and resilience. In 1921, this community was one of the wealthiest African-American neighborhoods in the United States. Dollars circulated within the community 36 to 100 times and stayed there for nearly a year before leaving, according to historical accounts. This success was no accident—it was intentional. O.W. Gurley, a wealthy African-American entrepreneur, purchased over 40 acres of land in 1906, selling exclusively to other African-Americans, creating a thriving hub for Black business and wealth.
Despite its prosperity, Black Wall Street was tragically destroyed in a violent attack by a white mob, leaving 300 people dead and 800 injured. The district’s fall serves as both a sobering reminder of systemic racism and an inspiring example of what intentionality and community support can achieve.
Memphis, one of the largest majority-Black cities in the United States, shares a similar potential for growth. According to the U.S. Census Bureau, 64.2% of the city’s 651,073 residents identify as Black or African-American. However, the reality of Black poverty in Memphis contrasts sharply with the success of Greenwood. The poverty rate for non-Hispanic Black residents in Memphis stands at 33.8%, a stark reminder of the economic challenges faced by the community.
Intentional support for Black-owned businesses in Memphis is one way to bridge this gap. By choosing to shop, dine, and engage with these businesses, consumers and corporations alike can contribute to fostering economic growth, reducing poverty, and creating a stronger, more equitable community. What if Memphis could take lessons from the legacy of Black Wall Street and become a modern-day example of Black entrepreneurship and resilience? The potential is here—it just needs our collective effort.
