funerals
StoneMor Partners, the Pennsylvania operator of funeral homes and cemeteries announced First Quarter 2019 results last week. The company, which is in what CEO Joe Redling says is an “operational reorganization” continues to see revenues lower and losses larger than the comparable quarter one year ago. For 1Q 2019 revenues amounted to $71.5 million as…
Read MoreI mentioned earlier this week that I spent last week in Las Vegas with about 150 people in our profession. Lots of items get bantered about at this event and one that was visited about quite frequently last week was the opening of Tulip Cremations. While I have only anecdotal knowledge of Tulip Cremation, I…
Read MoreI spent three days last week in Las Vegas with about 150 other people from the death care profession. The group is a wide mix of people, with all of us having the death care industry in common. Some are small funeral home owner/operators like me, some are CEOs of the largest public death care…
Read MoreWhile I was researching for articles for today’s post it just hit me as I looked at the articles and I realized that just about everyday some funeral director is written up in their local newspaper because what they have meant to their community. Most of us are happy to be in the background just…
Read MoreFuneral customs around the world are interesting to observe. But, just as the customs are interesting to observe so are the challenges of those in funeral service for profit in the differing countries with differing values in funeral service. I recently read an article in Channel News Asia that you can read here. Land is…
Read MoreAustralian funeral service market share leader, InvoCare, is moving forward with capital expenses aimed at becoming more appealing to Baby Boomers in spite of several headwinds on funeral service down under. You can read an article from Australian Financial Review on the slowing of InvoCare’s business here. In the article InvoCare CEO, Martin Earp, mentions…
Read MoreThe South Korean Ministry of Health and Welfare recently released a report that indicates that since the 1990’s South Koreans have been preferring cremation at a very high percentage. An article published in the Straits Times that you can read here indicates that over 80% of South Koreans now choose cremation. The article points…
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