After the close of business on Tuesday, May 15, Canadian death care consolidator Park Lawn Corporation reported their First Quarter results for 2018. You can see a copy of their Press Release here. Park Lawn reported revenues of $27,206,240 for the quarter compared to revenues of $18,802,424 for the same period of a year…
I am still thinking of Monday’s feature where I commented on the numbers, or lack thereof, that seem to be entering the funeral service profession. One of the reasons that I indicated why I believe what is causing that number is that young people just don’t get the exposure to what funeral directors do because…
Last week the Legacy Funeral Group announced the acquisition of the Charlie Marshall Funeral Homes. The Charlie Marshall Funeral Homes were founded in 1949 and have served the Texas communities of Aransas Pass and Rockport for over 65 years. You can read a press release on the transaction here. According to the press release, the…
Every so often a product or service comes available in the funeral industry that many funeral homes would like to add to the repertoire of things that they do for the public. One main thing to think about at this time is, “Do we offer this as a service” or “Do we charge additional for…
On Friday I was lucky enough to get to go through what has became one of the funnest days of the year for me. For the 4th straight year I was selected via my position on the University of Minnesota Board to participate in the commencement exercises for the school’s graduates of Mortuary Science program.…
BUSINESS
More Americans take on debt to cover funerals
I came across this recent article from USA Today titled “Americans are going into debt over death. Here are affordability tips.” Reading that article led me to a survey and results from Debt.com and…
The Green Funeral movement is alive in New York City
Amy Cunningham is a friend of mine. She was a writer/editor who has become a funeral director and she has teased me that I was a funeral director who has became a writer/editor with…
Opinion: The Jewish Faith and Cremation
I grew up in the very homogeneous community of Alexandria, Minnesota. From this Wikipedia article you can see that the city at the time of my growing up had a population of a little…
FINANCE
Park Lawn purchases 8 funeral homes in greater Oklahoma City
Late last week we received this press release that indicates that Park Lawn Corporation acquired eight stand-alone funeral homes in locations spanning the greater Oklahoma City market. It represents Park Lawn’s entrance into the…
More Americans take on debt to cover funerals
I came across this recent article from USA Today titled “Americans are going into debt over death. Here are affordability tips.” Reading that article led me to a survey and results from Debt.com and…
The public Death Care companies are in the news
With the advent of increased private equity ownership in the Death Care business there are not a lot of public companies to draw information from that you can compare with your own funeral home. …
REGULATIONS
Missing body causing problems between family and cemetery
According to details in this article from CBC Canada Royal Air Force glider pilot veteran Gordon Patrick was buried at the Green Acres Cemetery outside of Winnipeg, Manitoba, following his death in 1973. …
Subject of iconic “Homecoming” photo died on Veterans Day
This is Thanksgiving weekend — a time to reflect and give thanks for the lives we are living. Those of you who are old enough will remember back in 1973 a time when our…
Happy Thanksgiving — Enjoy, food, family, and football!!!
This year for my evening devotions I am using a book of daily notes by Billy Graham titled, “Wisdom for Each Day“. It was in the back of my mind to write something for…
CEMETERY
Cremations, and now tariffs creating headwinds for monument dealers
American monument dealers have become accustomed to dealing with the rising cremation rates in the country and the dwindling sales opportunities for cemetery monuments that fact brings. But now, according to this recent…
The Green Funeral movement is alive in New York City
Amy Cunningham is a friend of mine. She was a writer/editor who has become a funeral director and she has teased me that I was a funeral director who has became a writer/editor with…
Opinion: The Jewish Faith and Cremation
I grew up in the very homogeneous community of Alexandria, Minnesota. From this Wikipedia article you can see that the city at the time of my growing up had a population of a little…
CREMATION
Cremations, and now tariffs creating headwinds for monument dealers
American monument dealers have become accustomed to dealing with the rising cremation rates in the country and the dwindling sales opportunities for cemetery monuments that fact brings. But now, according to this recent…
Opinion: The Jewish Faith and Cremation
I grew up in the very homogeneous community of Alexandria, Minnesota. From this Wikipedia article you can see that the city at the time of my growing up had a population of a little…
Does KFC have a template for Death Care?
Alex Fasciano, an analyst for CFRA Research suggests that quick service restaurant player KFC’s (formerly Kentucky Fried Chicken) strategy is “. .centered on driving growth through brand relevance, marketing innovation, (and) operational excellence. .…
PRENEED
More Americans take on debt to cover funerals
I came across this recent article from USA Today titled “Americans are going into debt over death. Here are affordability tips.” Reading that article led me to a survey and results from Debt.com and…
Preneed companies emerge as funeral home lending sources
Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life…
Co-op Funeralcare increases “Funeral Plan” sales over 17% despite cyberattack
An April cyberattack which you can read about here probably cost the parent company of Great Britain’s largest funeral home operator, Co-op Funeralcare, about a US$ 107 million profit swing but didn’t seem to…
PRODUCTS
Cremations, and now tariffs creating headwinds for monument dealers
American monument dealers have become accustomed to dealing with the rising cremation rates in the country and the dwindling sales opportunities for cemetery monuments that fact brings. But now, according to this recent…
The Green Funeral movement is alive in New York City
Amy Cunningham is a friend of mine. She was a writer/editor who has become a funeral director and she has teased me that I was a funeral director who has became a writer/editor with…
More breakthrough technologies from OneRoom available
The streaming, recording, and re-watching of Death Care memorial events is becoming more and more a staple of what consumers are now expecting from their Death Care event professional. And much like any new…
