NEW ON THE BUSINESS SCENE: ELVIS RESTAURANT TO OPEN

Look for another restaurant and nightspot to open on Beale Street in Memphis next summer.

Elvis Presley's Restaurant and Nightclub will open in the original Lansky's building, 126 Beale St., where the late rock 'n' roll singer purchased the clothes he wore during his appearance on the "Ed Sullivan show."

If the venture is successful, Elvis Presley Enterprises may duplicate the concept in such markets as Orlando, New York and London.