Service Corporation International (SCI) reported their 2nd Quarter 2024 report last Wednesday and if the stock market is an indication, because as I write this on Thursday morning SCI stock is off its Wednesday close by over 7%, that report, that you can access here, brought to light some of the issues challenging…
Next week we will be commenting on how the public companies in Death Care have done over the 2024 2nd Quarter, but it is always good to be reminded that the individual owners and operators are the ones that truly drive funeral and cremation care. . . . .And, it’s good to be reminded…
Funeral home owners and managers in the United States, and around the world, have had a lot on their business management plates in the 2020’s decade. Along with the continual increasing use of cremation and direct cremation instead of casketed burials came the pandemic, then inflation, which when measured by the Consumer Price…
If you missed Tuesday morning’s article entitled “The ‘Roll-up” model. . .these analysts don’t think it is so great”, because of our technology issues, you can access that article here. It was no surprise that Park Lawn Corporation shareholders approved the sale and take-private movement of Park Lawn Corporation in…
Any funeral director who has been around for any length of time has had an arrangement for the fictitious bachelor, “Uncle George”. Now, “Uncle George” died suddenly and his family members are sitting across the table from you wondering about funeral arrangements. . . . You tell them, “Uncle George…
BUSINESS
Hollywood Forever’s “High-Rise” mausoleum and “Premium” products may be the future of cemeteries
This information (with photos) from the Hollywood Forever Cemetery announces the opening of their recently completed Gower Mausoleum. Here’s a paragraph from the cemetery’s recent announcement: “Hollywood Forever is honored to announce the…
Content planning to boost a funeral home’s online presence
Boosting Your Funeral Home’s Online Presence: An Action Plan for Content That Engages and Builds Trust In today’s digital world, a funeral home website is far more than a static brochure. It’s the…
Can independent funeral home operators undercut “wannabe” national cremation providers on price?
The question posed in the headline is interesting. What is happening in Great Britain may be a precursor of what could happen in North America about the billing amount to consumers for the…
FINANCE
Pure Cremation’s private equity owner putting the business up for sale
I learned through an article from Sky News and in this article from KillBait that Epiris, the private equity firm that acquired London area-based Direct Cremation provider Pure Cremation just over two years ago,…
Milestone Funeral Partners adds funeral home acquisitions
According to the Milestone Funeral Partners website, which you can access here, and information placed on social media, the Maine-based funeral home operator and consolidator added four funeral home businesses to their number in the…
Another acquisition by Park Lawn Corporation
Maybe there is something to the ongoing prediction that a whole lot of funeral homes will be changing hands in the next 3 to 5 years. Barely after we were able to get…
REGULATIONS
Veteran Cemeteries will continue with burials. . . but what is open and closed on a government shutdown
Tomorrow is the last day of the federal government’s fiscal year. That is not necessarily a big deal except that the new federal budget year begins on Wednesday and as I write this on…
Indiana Court: “Death Doula” does not need a funeral director license
According to this issue of the Indianapolis Star an Indiana court of appeals ruled in late August that the State of Indiana “violated the First Amendment rights of a Fort Wayne “death…
Funeral Directors are heroes
The beginning of a recent article on the ASD Blog, authored by Jessica Farren, had a quote without, to my knowledge, an author’s acknowledgement. I will post it here with no acknowledgement…
CEMETERY
Hollywood Forever’s “High-Rise” mausoleum and “Premium” products may be the future of cemeteries
This information (with photos) from the Hollywood Forever Cemetery announces the opening of their recently completed Gower Mausoleum. Here’s a paragraph from the cemetery’s recent announcement: “Hollywood Forever is honored to announce the…
Park Lawn adds Memorial Gardens in Taos
According to this press release from Park Lawn Corporation, the funeral home and cemetery consolidator added what they call their Taos Memorial Gardens adjacent to their existing DeVargas Funeral Home in Taos, New Mexico.…
Green Burials. . . . . .The Resistance
Minnesota funeral director Scott Mueller is a proponent of “Green Burials”. Mueller makes a comment in this recent article from the Rochester (MN) Post-Bulletin titled “As interest in green burials grows, so does…
CREMATION
Pure Cremation’s private equity owner putting the business up for sale
I learned through an article from Sky News and in this article from KillBait that Epiris, the private equity firm that acquired London area-based Direct Cremation provider Pure Cremation just over two years ago,…
Can independent funeral home operators undercut “wannabe” national cremation providers on price?
The question posed in the headline is interesting. What is happening in Great Britain may be a precursor of what could happen in North America about the billing amount to consumers for the…
Green Burials. . . . . .The Resistance
Minnesota funeral director Scott Mueller is a proponent of “Green Burials”. Mueller makes a comment in this recent article from the Rochester (MN) Post-Bulletin titled “As interest in green burials grows, so does…
PRENEED
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…
Acquiring client families — “Any Which Way You Can”
As so often happens in my world I’ve had some real life and/or businesses experiences or discussions in the last week or ten days that has made me think about Death Care. And,…
PRODUCTS
News for the Profession
News from Suppliers and Practitioners that you can use. . . . From a Press Release from Foveo : Foveo Memorial Services Inc. (“Foveo) and Tukios, one of the profession’s leading…
Hollywood Forever’s “High-Rise” mausoleum and “Premium” products may be the future of cemeteries
This information (with photos) from the Hollywood Forever Cemetery announces the opening of their recently completed Gower Mausoleum. Here’s a paragraph from the cemetery’s recent announcement: “Hollywood Forever is honored to announce the…
News for the Profession
Sunset continues to redefine their process of finding assets for families. They recently announced that they have a new website that makes the search for assets even easier. Sunset is a free service…
