funeral homes
Most businesses that I know of are transactional in nature. They take a fee and give their customer a product or service in return for that fee. Funeral homes tend to be transactional — we charge a family for the services and merchandise we render and then we provide those products and/or services…
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We will end this week with news of another acquisition in the Death Care space. This press release from earlier this week announced Park Lawn Corporation’s definitive agreement to acquire Kansas City metro area based businesses that include substantially all of the assets of Carson-Speaks Chapel in Independence, Missouri; Speaks Buckner Chapel in Buckner,…
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The last year has brought many changes to Death Care as it pertains to those companies that have been operated in the public markets. Both StoneMor and Dignity plc have been taken out of the public realm and into private ownership space and Batesville has been spun-out of Hillenbrand Industries and purchased by…
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This morning’s article related to the changing face of religion and how that has affected the funeral/memorial/tribute portion of the death care business over the past couple of decades. Over the weekend I noticed a couple of items that signaled current trends and put out the question as to whether or not these…
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There is not only a lot of talk lately about the funeral, memorial service, and celebrations that families are contemplating in the future for themselves and their loved ones, but there is also a lot of investment money being spent on companies who want to be on the upside swing of what these…
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It’s probably happened to all of us at one time or another. You thought the answer you received in a buying decision was the final answer, but, at the end of the day, it turned out to be a partial answer and you became a disappointed purchaser of that good or service. …
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Victoriaville & Co., the Canadian based company that provides death care merchandise on three continents, announced in this press release a 67,000 square foot manufacturing facility in Cleveland, Ohio. According to Alain Dumont, President and CEO of Victoriaville & Co., “This manufacturing addition to our existing capacity has become necessary in order to…
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Public company Matthews International, with a stake in the death care business, reported their Fiscal Year 2023 First Quarter last week and in doing so reported a company-wide quarter over quarter sales revenue increase of about 2.4%. The entire revenue increase, however, comes from their much heralded investment in the energy storage solutions business.…
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“Focus” is defined by the Oxford Dictionary as “the center of interest or activity”. We hear the word a lot. For instance if you want to improve your golf game you might be told, depending on your present strengths, to “focus” on your weakness. . . and improve it, whether that is driving…
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It’s no secret that as a percentage of dispositions, cremation continues to grow. This article from Forbes entitled “Cremation is gaining popularity as funeral costs rise” gives that indication and their thoughts on why that is so. Forbes states in the article that over the last 15 years the United States cremation rate…
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