Marks

Marks, MS · Business
Newsweek
The Commercial Appeal
'Man of action': How Holiday Inn shaped the hotel industry, and Memphis still benefits
There was a time when Holiday Inn was one of the largest single employers in Memphis, when the massive international chain’s first hotel opened in 1952 on busy Summer Avenue. Although the company is no longer headquartered in the Bluff City but based in Atlanta, its founder Kemmons Wilson's grandchildren are still carrying on what he started today. That’s according to Spence Wilson Jr., board chairman at Kemmons Wilson Companies Management. Wilson said his grandfather, Kemmons Wilson, who founded Holiday Inn and KWC, transformed the hospitality industry after a disastrous hotel stay during an eight-person family road trip to Washington D.C. “Back in those days, there was no consistency in hotels,” Wilson said. “They finally find a hotel $6 a night … . Next morning, they go to check out. The innkeeper's like, wait a minute, you've got five kids in there? That's $2 per child. So with the surcharge $16 later, he's fuming, and he's thinking there's got to be a better way.” Described by his grandson as a “man of action,” Wilson was already coming up with ideas for his hotel on the drive home, and within a single year, Holiday Inn was open. Growth was swift. In
desotocountynews.com
SpaceXAI Buys 3 Southaven Homes, Leases Highway 51 Warehouse
SpaceXAI is expanding its footprint in Southaven. County property records show the company has bought three homes near its power plant, according to The Daily Memphian, which also reports that the company is leasing a large distribution building on U.S. Highway 51. The Daily Memphian reported Oct. 17 that MZX...
whatnow.com
Posh Styling Studio Files Papers for New Location
A top Memphis stylist is preparing to bring her talents to a new storefront location. Tiffany Benton has filed papers to open Posh Styling Studio, and she has more than 20 years of experience behind her to help in launching this next endeavor. Benton plans to set up shop at...
WREG
3 homes, several acres in Southaven sold to SpaceXAI affiliate
MEMPHIS, Tenn. — Three homes in Southaven were sold to an affiliate of SpaceXAI this month, as the company continues buying land near its data center complex in DeSoto County, Mississippi. DeSoto County property records show that a house on Cedarcrest Drive, another on Brookhaven Drive, and a third on Charleston Cove were transferred this […]
whatnow.com
Raw Liquor Setting up Shop in Memphis
Memphis-area amateur mixologists, get ready to stock your bars. A new store called Raw Liquor has filed papers to open in the hopes of bringing its boozy wares to the neighborhood. Once all the necessary approvals are attained, customers will be able to stop in to refresh their liquor cabinets...
hoodline.com
Former Holiday Inn Global HQ on Lamar Avenue Set for Demolition in Memphis
The sprawling complex at 3796 Lamar Ave. that once served as Holiday Inn's global headquarters is slated for demolition. The building, which later housed FedEx offices, has sat vacant for years and fallen into neglect. According to FOX13 Memphis, the property's buildings are set to be demolished. The Lamar Avenue...
actionnews5.com
New fulfillment center to bring 400 jobs to Southaven
SOUTHAVEN, Miss. (WMC) - ALO, a fashion and lifestyle brand, is bringing a new fulfillment and distribution center to Southaven, creating more than 400 jobs. The project represents a corporate investment of nearly $176 million. ALO is moving into an existing building and will occupy up to 1.2 million square...
Steve DiGioia
wordinblack.com
Chaos Ensues After Memphis Delays Vote on Musk’s Data Centers
Eager to learn if elected officials would hit the brakes on Elon Musk’s plans to expand his data center empire in their city, residents filled a Memphis City Council meeting early last month, hoping it would finally address a problem that has disproportionately harmed Black neighborhoods. But when the...
WJTV 12
Mississippi manufacturer ABB expands, marks 10 years in Senatobia
SENATOBIA, Miss. — The governor of Mississippi was on hand Wednesday for a major expansion at a Tate County manufacturer. Gov. Tate Reeves took part in a ribbon-cutting ceremony marking a multimillion-dollar investment in the ABB manufacturing facility. The event also celebrated the company’s 10 years in Senatobia. “I can just tell you this morning […]
actionnews5.com
Memphis transformer plant recognized for boosting data center efficiency nationwide
MEMPHIS, Tenn. (WMC) - HICO America, a leading provider of power transformers, shunt reactors, and gas-insulated switchgear, is celebrating 25 years of serving the U.S. power market. The milestone is being celebrated at the Hyosung HICO transformer plant in Memphis. The U.S. Department of Energy marked the anniversary with a...
actionnews5.com
hoodline.com
Falls Building Lands 20-Year Tax Freeze, Unlocking $82.4M Memphis Overhaul
A century-old downtown Memphis office tower is moving toward new life as apartments. The Center City Revenue Finance Corp. approved a 20-year tax abatement for the Falls Building on Tuesday, October 13, 2026, replacing an earlier 12-year freeze and clearing the way for redevelopment of the $82.4 million project. The...
WREG
Clothing brand to bring 400 jobs to Southaven, MS distribution center
MEMPHIS, Tenn. — A distribution and fulfillment center for a fashion and lifestyle brand will open in Southaven, Mississippi, next year, promising more than 400 new jobs. ALO, based in Los Angeles, sells clothing and accessories centered around fitness and yoga. ALO is moving into an existing building and will occupy up to 1.2 million […]
fox13memphis.com
Why a longer car payment could cost you in the long run
MEMPHIS, Tenn. - The pandemic might be in the rear-view mirror, but expensive car prices are here to stay. New research from Edmunds finds buyers are paying nearly $10,000 in interest for new vehicles, which is a new record. Memphis driver Dorothy Spencer told FOX13 she is four years into...
tri-statedefender.com
Memphis to host community meeting on wealth and financial empowerment
The City of Memphis Division of Housing and Community Development, in partnership with the CityStart Initiative, will host a community meeting to create a blueprint for advancing wealth and financial empowerment for Memphians. It begins at 6 p.m., Wednesday, Oct. 14, at the Hickory Hill Community Center, 3910 Ridgeway Road, Memphis, TN 38115.