Business
Today we introduce the Funeral Director Daily “Death Care Index” or DCI of the public equity markets. The DCI will consist of six publicly traded companies that deal in the funeral, cremation, cemetery, and pre-need industries and are publicly traded. The companies, which we will describe below, include Matthews International, Service Corporation International, Carriage Services,…
Read MoreA recent article by NBC News Business has highlighted the seemingly rapid trend in the funeral/cremation business. That trend, becoming somewhat popular among the baby boomer generation, is celebrating the life of the deceased with alcohol at the wake/visitation or post funeral. Funeral firms are searching for just the right way to offer this type…
Read MoreThere is no doubt that funeral service has changed. There is also no doubt that funeral home owners care about the people they serve. In search of all possible therapies for people in grief and need, the Greenlawn Funeral Home of Springfield, Missouri, has added a comfort dog to its staff. In an article from…
Read MoreEdward Leon, an owner of two other mortuaries in the Sonoma Valley has purchased the Duggan Mission Chapel in Sonoma Valley according to an article in the Index Tribune. The Duggan family is well known in funeral home circles in Northern California where relatives still own mortuaries in San Francisco and Daly City. According to…
Read MoreNews OK has a nice article on Matthews Funeral Home in Edmond, Oklahoma. The firm is owned by Randy and Barbara Matthews. Their sons Kyle and Kris Matthews are also involved in the business. The company was started in 2000. Matthews states that cremations now account for 45% of his cases.
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SFgate has an article on the impact of rising opioid overdoth deaths on the funeral business. Opioid overdoses have been rising especially for people ages 25 and up. This chart says it all. The number of overdose deaths is rising rapidly due to heroin overdoses and illicit opioids
Read MoreIt is no secret that the American political system has pitted all kinds of people against each other. Repubicans vs. Democrats, Black vs. White, Men vs. Women, Lutherans vs. Catholics, and Muslims vs. Jewish. While we believe that this is a sad state of affairs, sometimes in the worst of events, the best of the…
Read MoreYour Clifton Park & Halfmoon has done a nice feature about Kathleen Lowes Sanvidge, the owner of Townley and Wheeler funeral home in Ballston Lake, New York. Sandvidge has been certified as a Women Business Enterprise in New York. Her firm is the only certified women-owned funeral home in New York State. Funeral Director’s take: Interesting…
Read MoreWe noticed a number of items in the litigation section of the Service Corporation International 2016 Annual Report. Our purpose in listing the claims is not to point fingers. SCI has had several of the claims dismissed and we are in no position to evaluate the validity of the claims. We’ve decided to…
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Ever wonder what the future of the small-town 30 call firm is. When I started in the funeral business in 1980 in a regional center type of community – 30,000 population – we served an area about 15 miles around us. Outside of that 15 mile radius there were several small communities that each had…
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