Posts
NJ.com and patch.com report that a licensed funeral director Justin Wild has sued his former employer Feeney Funeral Home in Ridgewood NJ after he was fired for using medicinal marijuana to remediate cancer symptoms. After the funeral home learned that Wild has a prescription for using medicinal marijuana after he got in a car…
Bonney-Watson funeral home, Seattle’s oldest continuously operating business has announced it is listing its 14,000 square foot property and 20,000 square foot parking lot on Broadway Avenue for sale for $7.8 million. The site represents one of the few key development properties available in Seattle. Leader and Times reports that Mike and Kelly Hornung have…
WWMT.com, the Telegraph and the Daily Star report that funeral directors are telling people not to take selfies at funerals. The most famous abuse of this practice was when Prime Minister Cameron, Barack Obama and Danish Prime Minister Helle Thorning-Schmidts took a selfie at Nelson Mandala’s memorial service. NPR reports that funeral prices aren’t transparent despite the…
Here are the guidelines of the International Cemetery, Cremation and Funeral Association (ICCFA) to voluntarily foster professional standards of care. ICCFA Cremation Guidelines Statement of Purpose The following Cremation Guidelines have been published by the International Cemetery, Cremation and Funeral Association to voluntarily foster professional standards of care and consideration by our members. Definitions Authorizing agent(s):…
The FTC Funeral Rule went into effect April 30, 1934. The rule was revised in early 1994. Who must comply with the rule? All “funeral providers” must comply with the Rule. You are a funeral provider if you sell or offer to sell both funeral goods and funeral services to the public. Funeral goods are…
REVOSE, Pa., Feb. 08, 2017 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE:STON) (“StoneMor” or the “Partnership”) today provided additional data on the ongoing restructuring of its sales force. Total salespeople within the salesforce at January 31, 2017 numbered 766, which was 81 more than the prior year comparable period. The salesperson count at January 31,…
Hillenbrand announced earnings for the first quarter of fiscal 2017 (three months ended December 31, 2017). The company’s Batesville casket business had a 2% decline in revenue and a 3% decline in EBIDTA (earnings before interest depreciation and amortization). You can download the earnings slides here. You can read the Seeking Alpha earnings call…
Alva Review Courier reports that there is a shortage of funeral directors in Oklahoma. 36,000 people die annually and the number of licensed funeral directors, embalmers, student apprentices and funeral homes have declined. The Director of the State’s funeral board wants to streamline the process of certifying funeral directors. The Lacrosse Tribune says that dogs…
Quad-City Times reports that Weerts Funeral Home has been sold to Service Corp International. Weerts was founded in 1909 and adquired by David Deuth from Jim Weerts in 2005. The firm developed a state of the art cremation center in 2012. Service Corp International owns and operates 2,000 funeral homes and cemeteries in North America.
Motif Investing is bullish in the funeral industry for two reasons: aging baby boomers will increase the demand for funerals and cremations between now and 2036; and 80% of funeral providers are private which provides room for consolidation.
