1-800-Flowers
#7547
Rank
$307.65M
Marketcap
United States
Country
Mr. James Francis McCann (Founder & Exec. Chairman)
Mr. Christopher G. McCann (CEO & Director)
Mr. Thomas G. Hartnett (Pres)
Summary
1-800-FLOWERS.COM, Inc., together with its subsidiaries, provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet.
The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.
It offers its products and services through online platform under the 1-800-Flowers.com, 1-800-Baskets.com, Cheryl's Cookies, FruitBouquets.com, Harry & David, Moose Munch, The Popcorn Factory, Wolferman's Bakery, PersonalizationMall.com, Simply Chocolate, Vital Choice, DesignPac, Stock Yards, Shari's Berries, BloomNet, Napco, and Flowerama brand names.
1-800-FLOWERS.COM, Inc. was founded in 1976 and is headquartered in Jericho, New York.
History
The concept of using the word "flowers" within a phoneword was originated by William Alexander in the early 1980s. The phone number, 1-800-356-9377, had been randomly assigned to a trucking brokerage in Wisconsin owned by Curtis Jahn and was used for that company until 1981. In an agreement with Jahn that would later be sharply contested, Granville Semmes and David Snow formed a Louisiana corporation that began to use that number to sell flowers in Louisiana, starting in 1982.
The use of the number would trigger a series of lawsuits. Their business struggled and that company was dissolved, with its assets going to investors James Poage and John Davis of Texas. The new corporation struggled financially as well. Its assets were acquired in 1986 by McCann, an owner of several flower shops in the New York City area since 1976, under whom the business saw success and growth.
In 1994, the company bought Conroy's Flowers. The 1800flowers.com domain name was registered on September 1, 1995.
In May 2006, Alpine Confections Inc. brands including Fannie May Confections, Fannie Farmer and Harry London Candies were purchased for $85 million.In September 2007, it announced a partnership with Martha Stewart Living Omnimedia to produce a line of floral products inspired by Martha Stewart.
According to the Consumerist in 2008, customers have reported unknowingly being subscribed to LiveWell after receiving rebate checks from 1-800-Flowers.It had 4000 employees as of 2008, with a market cap of US$119 million.
In 2009, revenue was US$714 million. Operating income was US$72.2 million, net income was US$98.4 million, assets were valued at US$286 million, and equity was at 134 million.
In March 2017, Fannie May and Harry London were sold to Ferrero SpA for $115 million.
Acquisitions
March 2005, Cheryl's Cookies
May 2006, Alpine Confections Inc. brands including Fannie May Confections, Fannie Farmer and Harry London Candies
April 1, 2008, DesignPac Gifts LLC.
July 21, 2008, Napco Marketing Corporation.
August 1, 2011, Flowerama.
August 5, 2019, Shari's Berries
August 3, 2020, Personalization Mall
October 28, 2021, Vital Choice
January 14, 2022, Alice TableLocations
One Old Country Road, Carle Place NY 11514 - ended in 2021
2 Jericho Plaza, Jericho, NY 11753
After a five-year search, 1-800-Flowers.com has found a new home in Jericho. The company has leased 96,867 square feet of office space at Two Jericho Plaza.
Mission
Their mission is to help our customers express themselves and connect with the important people in their lives.
Vision
1-800-Flowers.com strives to be the most desired and justly respected company when it comes to providing gourmet food and floral gifts.
Key Team
Mr. Joseph D. Pititto (Sr. VP of Corp. Communications)
Mr. William E. Shea (Sr. VP, Treasurer & CFO)
Mr. Arnold P. Leap (Sr. VP & Chief Information Officer)
Mr. Jason John (Chief Marketing Officer)
Ms. Faeth Bradley (Chief HR Officer)
Mr. Andy Milevoj (Sr. VP of Investor Relations)
Mr. Michael R. Manley (Sr. VP, Gen. Counsel & Corp. Sec.)
Recognition and Awards
References
https://en.wikipedia.org/wiki/1-800-Flowers.com,_Inc.
https://in.investing.com/equities/1-800-flowers.com
https://www.comparably.com/companies/1-800-flowers/mission
https://www.crunchbase.com/organization/1-800-flowers-com
https://finance.yahoo.com/quote/FLWS/
https://sec.report/CIK/0001084869
https://www.1800flowersinc.com/
https://www.bloomberg.com/profile/company/FLWS:US
https://www.referenceforbusiness.com/history2/73/1-800-FLOWERS-Inc.html
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Mr. James Francis McCann (Founder & Exec. Chairman)
Mr. Christopher G. McCann (CEO & Director)
Mr. Thomas G. Hartnett (Pres)