funeral business

Contrasting Forces: Landmark Preservation vs. Redevelopment

By Funeral Director Daily / August 23, 2019 /

What to do with a funeral home that has “become outdated and closed due to a drop in demand?”  That is the question that seems to have an answer from most of us and, in particular, the owner in this case Service Corporation International (SCI).  I’m guessing that most of us would put the building…

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DOJ files another brief in funeral home transgender case

By Funeral Director Daily / August 20, 2019 /

We learned yesterday that the Trump administration Department of Justice has filed another brief in support of the funeral home that will have its case on transgender discrimination heard by the Supreme Court this fall.  The case, which we highlighted in a Funeral Director Daily article that you can read here earlier this year, is…

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Is this an opportunity?

By Funeral Director Daily / August 19, 2019 /

Like many of you who read Funeral Director Daily, I like being an amateur investor in the stock market.  Back in the 1980’s I read two books that have became my gospel for investing.  One of them was in the early 80’s and was a book by John Naisbitt entitled “Megatrends” and the second book…

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Your firm and your pre-need partner

By Funeral Director Daily / August 16, 2019 /

I happened to drive by the Douglas County Fairgrounds earlier this week and notice that the fair was already upon us.  That signaled to me that the end of summer was not too far off and gave me an idea for writing a post about the fall season being a great time to capitalize on…

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Arizona city to sell cemetery

By Funeral Director Daily / August 15, 2019 /

This is an interesting news story because it seems so many times we have published stories about cemeteries asking to be taken over by cities or other municipal agencies because they could no longer make a profit.  We noticed this story, that you can read here, about the City of Glendale, Arizona, planning to sell…

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Arrest made in Tulsa funeral home fire

By Funeral Director Daily / August 7, 2019 /

The Tulsa World reported in an article that you can read here that an arrest was made last Wednesday, July 31, in connection with a fire that destroyed the Dyer Memorial Chapel, then at 1610 East Apache Street in Tulsa, in 2015.  According to the newspaper the suspect was booked into the Tulsa County Jail…

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Sales, profits drop at Matthews International

By Funeral Director Daily / August 6, 2019 /

Last week Matthews International, a multi-faceted United States public company based in Pittsburgh, Pennsylvania, reported 3rd Quarter results for their fiscal year which will end on September 30.  The 3rd Quarter results are for the period ended June 30 and you can read the Matthews press release about the financial report for the 3rd Quarter…

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Carriage Services quarter sees revenue, profits up. . . trending upward

By Funeral Director Daily / August 5, 2019 /

Three months ago the 1st Quarter report of 2019 for funeral home and cemetery operator Carriage Services caused concern for many of their stockholders.  In that quarter, same store revenue for funerals and profitability took a backward trend as did the number of atneed and preneed services conducted or contracted. That report led management to…

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Cemeteries — merge to survive?

By Funeral Director Daily / August 2, 2019 /

An article in Pennsylvania’s Morning Call that you can read here gave an indication that two historical and prominent cemeteries in Easton, Pennsylvania, are on the verge of merging together to save costs, simply to survive economic hardships. Easton Cemetery, a 90 acre cemetery that has been open for 170 years and Easton Heights Cemetery,…

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From the business world. . . . .

By Funeral Director Daily / July 31, 2019 /

As we continue to move into the reports from Wall Street on how public companies have been doing for the first six months of 2019 we have a couple of items that we noticed in today’s news that we will present to you: Dignity PLC halts dividend:  The British funeral home conglomerate announced on Wednesday…

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