cremation

Activist investors advocate for changes at Matthews

By Funeral Director Daily / December 20, 2022 /

  The first sentence from this article in The Star says all that needs to be said about what changes an investor group at Matthews International wants to take place, “Activist investor Barington Capital Group has built a stake in Matthews International Corp and argues the company needs to refresh its board, cut costs and…

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StoneMor has new CEO

By Funeral Director Daily / December 13, 2022 /

Joe Redling led cemetery and funeral home operator StoneMor through a time of transition.  That transition culminated with the public company being taken private in a buy-out from Axar Capital Management in early November 2022.  While the company is now a private enterprise concern and Funeral Director Daily has no access to its financial operations,…

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The Producer Price Index and what it may mean for Death Care in 2023

By Funeral Director Daily / December 12, 2022 /

I was on my way to a local chapter board meeting of Junior Achievement on Friday morning and listening to business radio.  It was at that time that the Producer Price Index (PPI) for the month of November was announced as well as was the PPI for the service industry.  Just for the record, the…

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The Newton’s Cradle of funeral service. . is the center disappearing?

By Funeral Director Daily / December 2, 2022 /
Newton'sCradle

Editor’s Note:  We had a slight technical glitch this morning that stopped this article from going out on schedule.  Nothing serious. . . a human error on my part of simply not making sure that the correct procedure was followed.  In any event, here is the article. . . . I hope you enjoy it.…

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The Best of Baltimore

By Funeral Director Daily / November 23, 2022 /
Trophy

In my home state of Minnesota there is a sports writer who every Thanksgiving creates an article and makes a case for the worst person or thing that has happened on the Minnesota sports scene in the past year.  I’ve taken some inspiration from that but have also taken into account something my mom drilled…

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Your Business Value: A Funeral Home Owner’s Guide to Prepping for 2023

By Funeral Director Daily / November 21, 2022 /

Editor’s Note:  Today’s guest columnist is Jake Johnson, CEO of Johnson Consulting Group.  His article begins here:   It’s no secret to anyone right now that businesses everywhere are feeling the impacts of inflation. The funeral profession specifically has seen a rise in costs, and it’s resulted in increased stress and pressure on owners. These…

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Yes, things will change over time

By Funeral Director Daily / November 16, 2022 /

“There is an appointed time for everything.  And there is a time for every event under heaven –“.  That is the first verse in Ecclesiastes Chapter 3 and the 2nd verse goes on to say “A time to give birth, and a time to die“. Any funeral director who has ever spent time on a…

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Park Lawn Corporation adds 1,000 call acquisition

By Funeral Director Daily / November 15, 2022 /

In a press release made public on the heels of the company’s 3rd Quarter report, Park Lawn Corporation (PLC), with headquarters in Houston, Texas, and Toronto, Ontario, announced that they had acquired the Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park, and Bustard & Jacoby Funerals, Cremation, Monuments and Receptions of Cheyenne and…

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Dignity plc and their price point pivot. . . . can they remain profitable?

By Funeral Director Daily / November 15, 2022 /

2022 marked a point in the history of Great Britain’s largest death care provider, Dignity plc, where they planned to increase consumer market share for their services by lowering their prices.  What they maybe didn’t anticipate was the highest inflationary pressures in the last 40 years on the costs of their services to happen at…

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Will Vermont lead a funeral director employee comeback?

By Funeral Director Daily / November 10, 2022 /

We’ve all talked about it and see it out in the profession — a lack of trained and licensed funeral directors to combat the coming years when America faces a wave of Baby Boomer deaths.  Without the influx of new professionals, many funeral homes will be understaffed which can lead to a vicious cycle of…

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