Music City Eats to return in September with tweaked name

The Music City Eats Festival launched last year by members of Kings of Leon and others has changed its name to Music City Food + Wine Festival — the backers say "our style has not changed" — and will again take place at Public Square Park. Dana Kopp Franklin has details over at Bites, including word that tickets will go on sale in four weeks.

Apr 17, 2014 8:46 AM

Tractor Supply promotes operations leader

Former Dollar General exec becomes retailer's third EVP
Apr 17, 2014 6:54 AM

From the mall to the diner

You don't have to look far these days to find a headline about a restaurant chain struggling to attract or retain diners. But there could be a growing opportunity in luring young people: John McDuling at Quartz has an interesting read on a Piper Jaffray report detailing teenagers' increasing proclivity to gather at restaurants rather than at shopping malls.

Apr 16, 2014 8:49 AM

Image use case against MoonPie maker dismissed

The Tennessee Court of Appeals has ruled that the use by the makers of MoonPies and RC Cola of a more than 30-year-old photograph did not violate the rights of the area resident depicted. Bradley Wells had sued CBI and Dr. Pepper Snapple Group two summers ago, claiming the companies had, among other things, violated the Tennessee Consumer Protection Act and unjustly enriched themselves off his image. But the defendants won the day both in trial court and before the appeals judges by arguing that the case centered on federal copyright issues and this couldn't be heard in local courts.

Bone McAllester Norton attorney Stephen Zralek writes here about how he helped win the case.

This case highlights the intersection between the right of publicity and copyright, serving as a reminder that questions of preemption are always decided on a case by case basis.  Not all photographs qualify for protection under either copyright law or the right of publicity; sometimes they invoke rights under one body of law, sometimes both and sometimes neither.  The legal nuances surrounding copyright and the right of publicity are complicated, rapidly evolving and sometimes overlapping.

Apr 15, 2014 7:12 AM

More Genesco, Acadia insiders sell stock

The tide of share selling among local public-company executives has ebbed a bit, but there have still been a few noteworthy transactions in the past week and change at companies where leaders have been active of late. At shoe and hat retailer Genesco, Senior Vice President Jonathan Caplan took in more than $900,000 from the sale of more than a sixth of his stock while fellow SVP Mimi Vaughn pocketed about $245,000 by selling more than 3,000 of her more than 48,000 shares.

Over at Acadia Healthcare, former COO and Eastern Division President Karen Prince unloaded all but 100 of her remaining shares for about $250,000. Prince left Franklin-based Acadia in the spring of 2012.

SEE ALSO: Other recent insider trades of note

Apr 15, 2014 6:46 AM

Proxy advisors side with Cracker Barrel

Biglari push to sell chain called 'unnecessarily prescriptive, impractical and counterproductive'
Apr 14, 2014 2:42 PM

Brentwood corporate travel agency acquired

Denver-based roll-up aiming for $1.5B in revenue
Apr 14, 2014 1:39 PM

Why 'Nashville' will likely get third season

Executives at ABC will next month unveil their fall lineup of shows. At MusicRow, Jessica Nicholson has done a nice job summing up why fans shouldn't fret about Nashville being renewed for a third season. Among the positive signals are the application of the TV network's marketing muscle behind a broadcast special and the apparent success of a concert tour featuring songs from the show.

Apr 14, 2014 12:25 PM

Nashville's per-gallon gas price average increases 7 cents

The average per-gallon price of regular gas in Nashville on Sunday was $3.50, up seven cents from the mark of a week ago and up 24 cents from the $3.26 figure from four weeks ago, according to AAA The Auto Club Group.

Relatedly, Tennessee’s average price was $3.48 Sunday, up seven cents compared to the $3.41 figure from the previous week.

By contrast, the national average for gasoline ($3.64) inched up six cents during the past week.

The national average price for a gallon of regular unleaded gasoline increased for the 20th straight day on Sunday. The current price of $3.64 is the highest since figures recorded in July 2013.

“The demand for gasoline is driving up the price of oil, which in turn, is pumping up the price of gasoline,” Mark Jenkins, AAA The Auto Club Group spokesman, said in a release. “Prices are expected to keep rising in the near future due to unexpectedly lower supplies and rising demand.”

Gasoline demand is at its highest level since January, according to the Energy Information Administration. Meanwhile, consumer confidence is at its highest since July. These factors pushed the price of oil last Friday to its highest price on the NYMEX in five weeks.

“When consumer confidence is up, the price of oil often follows, because speculators believe more people will be buying gasoline,” said Jenkins. “Meanwhile, refineries that reduced their output during maintenance season are working to return to full capacity. This supply shortage, coupled with the switch to the more expensive summer-blend fuel, are typical factors that result in higher gas prices this time of year.”

The EIA released its summer forecast this week, predicting that retail prices would average $3.57 per gallon during the summer driving season, once cent cheaper than last year, AAA said. This projection falls within AAA’s forecast that prices would peak between $3.55 and $3.75 this spring.

For comparison with Tennessee’s average of $3.48, Florida's average of $3.72 rose five cents from last week’s mark, while Georgia’s average of $3.58 increased seven cents.

 


 

Apr 14, 2014 10:41 AM

Nissan revamps dealer incentives approach

Nissan executives have rolled out a new dealer sales incentives program that gives local sellers more latitude in how they plan their year and time promotions. Nissan's North American leader José Muñoz says the strategy has been in the works for nine months.

Nissan's U.S. dealer profits also are improving, Munoz says. In February, the most recent figures Munoz can cite, dealer profits rose more than 40 percent, year over year. For the 11 months through February, dealer profits were up 25 percent, he says. And the percentage of all dealers operating profitably has increased 5 percentage points.

Apr 14, 2014 8:39 AM