Memphis News Today: Stories That Matter to Our City

The acquisition is set to increase Hollywood Feed’s store count from 104 to 180 and its geographic reach into five new states. You might also be interested in: Memphis Business: Doing Business in Memphis

Toronto-Dominion Bank is acquiring Memphis-based First Horizon in an all-cash transaction worth $13.4 billion. The Canadian banking and financial services company is paying $25 a share, a 37% premium on FHN’s last close. Shares of First Horizon were up nearly 32% in early trading. “We have built a very strong business at First Horizon, and by joining forces…

Memphis-based retail brokers are seeing a year that may return to pre-pandemic numbers following a strong close to 2021. Josh Poag, president and CEO at Poag Shopping Centers, said that a productive fourth quarter signals to him that activity will pick up this year for buyers and developers. “We’re always looking to acquire and so…

Before Winter Shields was born, she faced an uphill climb to success — academically and otherwise. When Shields’ mother, Nastassja Miller, was pregnant, doctors said her daughter was sickly, and could be born with Down syndrome or be developmentally delayed. While the doctors were wrong about that, at 6 months old, Shields needed her left…

Tennessee Gov. Bill Lee has proposed $50 million toward an endowment at the University of Memphis meant to sustain research activity at the university, which has recently grown to be recognized among the top tier of doctoral research universities in the country. U of M is expected to match the funds with $50 million in…

Three Memphis companies received 2022 Top Workplaces USA honors, recognizing companies earning high marks from their employees. Evolve Bank & Trust, Hunter Fan Company and National Guard Products received the awards in Top Workplaces USA’s second year. The national program is built upon Top Workplaces’ 15-year history surveying more than 23 million employees in 50-plus…

He said Memphis as a “hidden jewel” in the view of Fogelman Properties. The business, which currently holds $4 billion in multifamily assets across the South, currently has five major targets for 2022. Fogelman said the Atlanta, Dallas, Triangle Park (North Carolina), and Central Florida metros, as well as Memphis, are all markets the company…

When MBJ asked Taiwo “Tai” Stanback what stands out most about her experiences with Youdle, she took time to think — then described the feeling that comes with creating a startup. “Over a year ago, this was all an idea, but in November when we launched in stores, and it became a reality, that was…

COVID prompted a new business boom. These cities saw the biggest increases.