Funeral Director Daily

Necessity making room for some casket changes in Hong Kong

By Funeral Director Daily / April 8, 2022 /

It is often said that “necessity is the mother of invention”.  This article from Manufacturing Business Technology shows us that is the case in Hong Kong at this time as a recent surge in Covid-19 deaths has created a shortage of coffins in the city. The article states that “Hong Kong has reported about 200…

The Battle for Aquamation

By Funeral Director Daily / April 7, 2022 /

There is a battle being waged over the human disposition method called “aquamation”, also known as alkaline hydrolysis or flameless cremation. But, most of us are just too busy or are comfortable with disposition in the form of earth burial or cremation to really notice it. I find it interesting in a world where everything…

SCI as an investment

By Funeral Director Daily / April 6, 2022 /

Last week Seeking Alpha published a fact and opinion article on Service Corporation International (SCI) entitled “Service Corporation International:  An under the radar wealth generator”.  The article was one of the most in-depth pieces I have seen on SCI, its operations, and its potential as an investment. You can access the article here. From my…

Regulation of Preneed apparently coming too late for some consumers

By Funeral Director Daily / April 5, 2022 /

It would be safe to say that in Great Britain there has been a lot of discussion about the costs of death care among consumers and government alike.  While it has been going on for some time and there is no doubt that the Covid-19 pandemic and the rise of Direct Cremation with No Services…

StoneMor increases revenue in 2021, starts making acquisitions in 2022

By Funeral Director Daily / April 4, 2022 /

StoneMor Inc. has been on a journey of what they term “Transformation” for the past few years.  That road has followed management changes, sales philosophy changes, property changes, work relation chnages(employees to contracted services in some instances), funeral home divestments, and now seems to be on the final stage of strategy. . . what appears…

Reclaiming Your Identity

By Funeral Director Daily / April 1, 2022 /

Last week I was sent an offering to download the Passare short 26-page ebook entitled “The New Funeral Consumer”.  In general, the ebook is based on observations and answers from what Passare says “is (probably) the largest independent funeral study that has ever been conducted.  Interviews were conducted with over 3,000 individuals and each were…

Park Lawn adds Mississippi operations

By Funeral Director Daily / March 31, 2022 /

A press release from Park Lawn Corporation dated March 30, 2022, announced the acquisition of Chancellor Funeral Home and Garden of Memories located in Byram and Florence, Mississippi. You can access the press release here. The acquisition includes one stand-alone funeral home and one combination funeral home and cemetery operation.  The press release also states…

This might be the best time in a generation to be selling Preneed

By Funeral Director Daily / March 31, 2022 /

I enjoy learning and then finding solutions to problems.  It’s something I’ve done since I was a child — find out the facts of the situation and then solve the problem.  To that end, I continue to read four business newsletters per day. . . I simply enjoy what I learn from them and then…

Dignity plc moves from loss to profit despite lower revenues

By Funeral Director Daily / March 30, 2022 /

Dignity plc, Great Britain’s leading death care provider reported their results for the 2021 calendar year last week and in doing so reported a Profit before taxes of US $42.4 million as compared to a 2020 calendar year pre-tax loss of over US $25 million.  This positive swing was accomplished despite Revenue dropping about 1%…

Minnesota’s Wright Funeral Home finds new guardians after 141 years

By Funeral Director Daily / March 29, 2022 /

Steve Wright, 4th generation funeral director, recently announced that the Wright Funeral Home in Moorhead, Minnesota, had been sold to longtime employee funeral directors and brothers Adam and Bailey Nordin. The Wright Funeral Home dates back to 1881 and has grown and served the greater Moorhead-Fargo community for 141 years.  Steve Wright assumed full control…