Category: Business

FedEx Committing Support to Nepal earthquake relief efforts

FedEx has announced it’s committing about $1 million to support relief efforts in the wake of the Nepal earthquake.

The company’s contribution will be in the form of a mix of cash, transportation support and a chartered flight to deliver medical aid and supplies. FedEx says it’s mobilizing its disaster relief program through the company’s existing relationships with Direct Relief, Heart to Heart International, Water Missions International, American Red Cross and The Salvation Army.

FedEx’s specific contributions will include:

  • Providing a $250,00 cash donation to the American Red Cross and a $50,000 donation to The Salvation Army
  • Sponsoring Heart to Heart International’s mobile medical clinic, “which contains tents, vital medicines, medical supplies, portable medical equipment, communication equipment, non-perishable food and water purification systems.”
  • Transporting on behalf of Direct Relief large volumes of IV solutions, medicines, surgical supplies, and other medical essentials requested and approved by Nepal’s Ministry of Health and Population.
  • And transporting 12 large Living Water Treatment Systems, 31 potable water chlorinators and 12 large water tanks on behalf of Water Missions International. “Combined,” says FedEx, “these systems will provide fresh water for up to 370,000 people per day.”

Memphis company awarded $1 million health-related grant

Memphis-based Translational Sciences Inc. has been awarded a $1 million federal grant via the National Institutes of Health’s Small Business Innovation Research awards.

The grant is intended to be used for the company to study “Novel Methods for Dissolving Blood Clots.” Translational Sciences will attempt to treat dangerous blood clots while still in the body by dissolving them through molecular engineering.

The project’s goals include reducing death, disability, and cost of service.

Indie Memphis executive director steps down

After seven years of service, Indie Memphis executive director Erik Jambor is stepping down.

Indie Memphis board president Ryan Watt announced Jambor’s resignation in an email to members, saying that the organization thanks Jambor for his service “building an excellent slate of programming and growth. Our organization is fully committed to continuing our first-class festival and year-round events. Erik will always part of the Indie Memphis family.”

Watt went on to say the organization is beginning the search for a new executive director, with the volunteer board running events in the meantime.

“I will be at our upcoming events, and I look forward to speaking with each of you,” Watt concluded. “I can confirm we will be having our festival this year and some exciting announcements are coming soon.”

Relevant Roasters available at Whole Foods

Relevant Roasters, Memphis’ newest specialty coffee brand, is now available on the shelves of Whole Foods in Memphis.
Owned by Jimmy Lewis, Relevant Roasters ( opened on the corner of Broad Avenue and Tillman Street in mid-September. The first order of Relevant Roasters landed on the shelves of local Whole Foods stores last week.
Since completing his first batches of coffee, Lewis has hosted open houses for sampling and distributed to wholesalers and retailers, including Tart Coffee Shop & Bakery and Miss Cordelia’s on Mud Island.

More on the Cheesecake Factory and Memphis

Shawn Massey, partner with The Shopping Center Group LLC, which previously worked to bring The Cheesecake Factory to the Ridgeway Trace development at Poplar Avenue and Interstate 240, said the restaurant chain’s location inside Wolfchase Galleria makes perfect  sense.

“Wolfchase is the strongest regional trade area in the Memphis MSA,” Massey said.  “This is evident by the fact that Ikea recently chose the area for its first Tennessee store.”

“Cheesecake Factory has traditionally been a part of many malls and with Simon being the largest mall owner in the world the relationship between the two companies is quite strong,” said Massey.

“Cheesecake Factory knows the mall is successful in attracting visitors from the greater MSA and beyond,” he said.  “A store in East Memphis or Germantown may not be as far reaching.  That is open for debate. ”

Cheesecake Factory is a high performing retailer and would be considered a catalyst-type retailer that attracts people from a greater distance than the typical restaurant.  It will appeal to out of Towner’s in the city as well as draw locals from 20- 50 miles or greater, Massey said.

“I think the location was a safe location,” Massey said.

“I have told many restaurants and retailers that Wolfchase area is a guarantee success and potentially a home run location,” he said.  “There is no pioneering going on in the Wolfchase area and it is a consistent top performer for many restaurants and retailers.”

People who shop at malls are loyal to chain type stores and restaurants, Massey said, and  they understand what they are getting and seek out these chain restaurants and retailers.

“Personally, I would like to have seen it in East Memphis where I  trade on a more frequent basis, but I am not their core customer,” Massey said.   “I think the Wolfchase location will be very successful and continue the success or Northeast Shelby County.”