funeral business
I was talking to a colleague about a recent funeral home acquisition and asking what he thought of the transaction. His comment startled me in that he said, “I hope they didn’t pay too much because no one dies in that community anymore.” His implication was that the community we were discussing has became known…
Read MoreIn this day and age it seems that when you are reading a newspaper or watching television for the news, it is not only enough to read or watch, but you may find it necessary to know the political persuasion of the entity presenting the news to get an accurate read on it. You have…
Read MoreWhen Joe Redling was appointed CEO of StoneMor, Inc. the company was in fast decline, revenues were washing away, and losses were mounting. That was June of 2018, only two years ago, and now, although far from being in the clear and a profit machine, there is hope at the end of the tunnel. StoneMor,…
Read MoreThe 2nd Quarter of 2020, that period that encompasses the months of April, May, and June, was looked at as a quarter which would produce financial results that would be unique, maybe in the entire last century, simply because it was the first 3-month period of the COVID-19 pandemic. As the United States went into…
Read MoreThere is no doubt that COVID-19 and the rules around social distancing are causing funeral homes and cemeteries to do the tasks required of them differently. Today we share some of those subtleties and not so subtle aspects from Australia and America’s west coast funeral homes. We also have a story on how the disease…
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In today’s afternoon edition we bring you the tale of the Archdiocese of San Diego attempting to zone vacant land it has owned for some time into a cemetery to serve the people of its parishes. Homeowners in the area are not necessarily excited to see a cemetery near their homes citing property tax devaluation…
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A few months ago and already into the travel related issues of the COVID-19 pandemic, the Cremation Association of North America (CANA) was one of the first, if not the first, trade organization to announce that they would be foregoing their traditional convention and replacing that convention with something touted as a “Virtual Convention”. In…
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In today’s afternoon edition of Funeral Director Daily we have a couple of national firms in the news for differing reasons. First of all, we will tell you of Funeral Directors Life (FDLIC) and their investment in saving some of the world’s energy. They recently added a parking lot that will be covered by about…
Read MoreFuneral Director Daily received word last week that Foundation Partners Group, the Orlando based operator of funeral homes, cremation centers, and cemeteries, has acquired the Bermudez Family Cremations and Funerals operation in Monterey, California. That acquisition expands the Foundation partners network in California to eight locations. Here’s what Foundation Partners Group CEO Bob Bukala had…
Read MoreHillenbrand Industries, a global diversified industrial company and parent of death care company, Batesville, reported their 3rd Quarter 2020 last week. The company, which operates with an October 1 fiscal year date announced that revenues for the entire company increased 36% to $608 million for the quarter, but Net Income of $24 million was about…
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