Tag: death care

Finance Products

Death tech app Empathy raises $30 million in Series A funding

A relatively new death tech app, Empathy, recently raised $30 million in Series A funding according to this article from Tech Crunch.  The product is designed to help bereaving families navigate the choppy waters  that result when a family member or someone close to them dies. “Empathy is a customer-centric company with compassion at our core. We aim not only to help families who are dealing with loss but also to act as a catalyst for change in the industry […]

Finance

Park Lawn Corporation adds acquisition

It was announced last Friday that Park Lawn Corporation had acquired the Malcolm, Deavitt & Binhammer Funeral Home Limited.  The one building standalone funeral home is located in Pembroke, Ontario. The funeral home, according to this press release from Park Lawn Corporation, “performs approximately 153 calls per year.” Here’s what J. Bradley Green, Chief Executive Officer of Park Lawn said about the transaction, “This is an excellent opportunity for Park Lawn to expand its footprint in Ontario as we continue […]

Business Preneed

Acquisition vs. Retention. . . .where to concentrate?

It’s an age old debate that is carried on even in MBA classes at major colleges.  . . . . .Where are your advertising dollars spent best — on Customer Acquisition or on Customer Retention?  A local issue in a concern outside of the death care industry had my friends and I debating it over coffee this weekend. You hear a lot in the public markets about companies adding customers.  However, very seldom do we hear about “Net New Customers”.  […]

Cemetery Regulations

Do we still “Do the Right Thing” simply to “Do the Right Thing”

I’ve been around the death care business for a long time and I’m certain that I didn’t always make the correct decision in the many hundreds of decisions that I had to make every month.  However, I can tell you that I always wanted to “Do the Right Thing.”  And, the times when I realized that it turned out that I didn’t do the right thing. . . always bothered me. Doing the right thing isn’t just tied to the […]

Finance

Will Axar take StoneMor private?

As you can see from this Yahoo Finance article, Axar Capital Management has sent StoneMor Inc. a letter expressing “an interest in pursuing discussions concerning strategic alternatives that may be beneficial to the Company and its various stakeholders.”  As you may know, and according to E-Trade, Axar Capital Management currently owns 88.6 million of the 118 million common shares of StoneMor Inc.  Those 88.6 million shares represent over 75% of the outstanding common stock. StoneMor Inc. is a Pennsylvania based operator […]

Business Products

The story behind the anti-vaccination funeral home campaign hoax

Last weekend people in Charlotte, North Carolina, had the opportunity to see a truck drive around the area with this message on the sides and rear, “Don’t get vaccinated: Wilmore Funeral Home“.  According to this article from CNet, the truck sparked a viral buzz. Turns out that there is no Wilmore Funeral Home and if you hit the advertised web-site, www.wilmorefuneralhome.com, here’s where you would land.  It’s actually a web-site promoting getting a Covid-19 vaccination. . . . the exact […]

Preneed Regulations

This is the week

This is the week that Congress should act on the Biden Administration’s key piece of legislation, the $3.5 trillion “Human Infrastructure” bill.  Regardless of what happens or how you feel about that bill, I thought it would be interesting to look back on how death care has fared from the other two large social bills passed in American history — the New Deal and the Great Society. The New Deal was passed by Congress under the Franklin D. Roosevelt presidency […]

Business

The bartender becomes a mortician

I don’t know if it is just me or others see it too.  For years funeral directors seemed to work in anonymity, but when someone called us we were always there to answer.  However, because of the Covid-19 pandemic, I seem to think that funeral directors and morticians are finally seen in our society for the good we do. I also think that is a good thing. . . and that it will lead to better things in the future.  […]

Business

The FedEx strategy shift. . where do funeral homes go?

Editor’s Note:   For as yet unknown technical reasons, our daily article was not sent out earlier this morning.  Sorry. . here it is. All things are created equal. . . . until they’re not.  In the death care business I’m not so sure all of the calls we get at our funeral homes are created equal.  A death call that ends up being a full traditional funeral with casket and vault sale is probably more than equal to a direct […]

Products Regulations

Natural Organic Reduction now operating in Colorado

According to this article from U.S. News & World Report, the process of natural organic reduction or what is commonly referred by many consumers as “human composting” is now available in the state of Colorado.  Legalized by the state over a year ago with a September 7, 2021, legal start date, at least one death care facility, The Natural Funeral in Lafayette, Colorado is open for natural organic reduction business. Co-owner of The Natural Funeral, Seth Viddal, is quoted in […]