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1-800-Flowers.com, Inc.

1-800-Flowers.com, Inc.[1] is a floral and foods gift retailer and distribution company in the United States. The company's focus, except for Mother's Day and Valentine's Day, is on gift baskets. They also use the name 1-800-Baskets.com.[1] Their use of "coyly self-descriptive telephone numbers" is part of founder James McCann's business model.[2][3]

1-800-Flowers.com, Inc.
Offices in Carle Place
Company typePublic
Nasdaq: FLWS (Class A)
Russell 2000 Component
IndustryRetail
Founded1976; 48 years ago (1976)
FounderJames McCann
HeadquartersJericho, New York, United States
Key people
Products
  • Flowers
  • Gift baskets
  • Plants
  • Food
  • Collectibles
SubsidiariesHarry & David
Website1800flowersinc.com

History edit

Founding and early years edit

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.[4] The use of the number would trigger a series of lawsuits.[4] 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.[4] 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.[citation needed]

In 1994, the company bought Conroy's Flowers.[5] The 1800flowers.com domain name was registered on September 1, 1995.[6]

In May 2006, Alpine Confections Inc. brands including Fannie May Confections, Fannie Farmer and Harry London Candies were purchased for $85 million.[7]

In September 2007, it announced a partnership with Martha Stewart Living Omnimedia to produce a line of floral products inspired by Martha Stewart.[8]

According to the Consumerist in 2008, customers reported unknowingly being subscribed to a "membership" called LiveWell after receiving rebate checks from 1-800-Flowers.[9]

It had 4000 employees as of 2008, with a market cap of US$119 million.[10]

In 2009, revenue was US$714 million.[11] Operating income was US$72.2 million,[11] net income was US$98.4 million,[11] assets were valued at US$286 million,[12] and equity was at 134 million.[12]

In March 2017, Fannie May and Harry London were sold to Ferrero SpA for $115 million.[13]

Acquisitions edit

  • March 2005, Cheryl's Cookies[14]
  • May 2006, Alpine Confections Inc. brands including Fannie May Confections, Fannie Farmer and Harry London Candies[7]
  • April 1, 2008, DesignPac Gifts LLC.[15]
  • July 21, 2008, Napco Marketing Corporation.[16]
  • August 1, 2011, Flowerama.[17]
  • August 5, 2019, Shari's Berries[18]
  • August 3, 2020, Personalization Mall[19]
  • October 28, 2021, Vital Choice[20]
  • January 14, 2022, Alice Table[21]
  • May 02, 2023, SmartGift[22]

See also edit

References edit

  1. ^ a b Quenqua, Douglas (December 22, 2009). "Bringing Bouquets and Gift Baskets Together". The New York Times.
  2. ^ Elliott, Stuart (September 24, 1993). "The Media Business: Advertising -- Addenda; Teleway Shifts Accounts to McCann". The New York Times.
  3. ^ Ketcham, Diane (September 13, 1992). "ABOUT LONG ISLAND; At the Other End of the 800 Toll-Free Line". The New York Times.
  4. ^ a b c CURTIS P. JAHN and CAPITOL WAREHOUSING CORPORATION, Plaintiffs, v. 1-800-FLOWERS.COM, INC., FRESH INTELLECTUAL PROPERTIES, INC. and 800-FLOWERS, INC. (District Court for the Western District of Wisconsin July 23, 2001), Text.
  5. ^ Smith, Richard D. (January 8, 1995). . The New York Times. Archived from the original on September 22, 2021.
  6. ^ "WHOIS page". Network Solutions. November 6, 2012. Retrieved November 6, 2012.
  7. ^ a b "Sweet success: Fannie May back after bankruptcy". Daily Herald. Associated Press. November 28, 2010. Retrieved October 13, 2018.
  8. ^ "1-800-Flowers.com, Martha Stewart Living in tie-up". Reuters. September 20, 2007. Retrieved November 6, 2012.
  9. ^ "1800flowers Dupes You Into Signing Up For "LiveWell" For $11.99 Per Month". The Consumerist. Retrieved November 6, 2012.
  10. ^ "Company Profile for 1-800-FLOWERS.COM Inc (FLWS)". Zenobank. Retrieved October 17, 2008.
  11. ^ a b c
  12. ^ a b
  13. ^ Channick, Robert (March 17, 2017). "Italian maker of Nutella buys Fannie May". Chicago Tribune. Retrieved October 13, 2018.
  14. ^ Goins, Tony (March 11, 2005). "1-800-Flowers to buy Cheryl & Co". Columbus Business First. Retrieved May 5, 2022.
  15. ^ "1-800-Flowers.com buys DesignPac Gifts". Multichannelmerchant.com. June 1, 2008.
  16. ^ "FORM 10-K". Securities & Exchange Commission. 2010.
  17. ^ "FORM 10-K". Securities & Exchange Commission. 2013.
  18. ^ Wassel, Bryan (August 5, 2019). "1-800-FLOWERS.COM Acquires Shari's Berries For $20.5 Million". Retailtouchpoints.com. from the original on November 6, 2019.
  19. ^ Blair, Adam (August 3, 2020). "1-800-FLOWERS Finalizes $245 Million Personalization Mall Acquisition". Retailtouchpoints.com. from the original on September 28, 2020.
  20. ^ Blank, Christine (October 28, 2021). "1-800-Flowers acquires Vital Choice". Seafoodsource.com. from the original on January 24, 2022.
  21. ^ "1-800-Flowers.com acquires Alice's Table lifestyle operation". Retailcustomerexperience.com. January 14, 2022. from the original on January 14, 2022.
  22. ^ PYMNTS (May 2, 2023). "1-800-FLOWERS.COM Buys SmartGift to Expand Gifting Capabilities - PYMNTS.com 1-800-FLOWERS.COM Buys SmartGift to Expand Gifting Capabilities". Retrieved November 13, 2023.

External links edit

  • Official website
  • Reports on Alleged Fraud by 1-800-Flowers.com

flowers, floral, foods, gift, retailer, distribution, company, united, states, company, focus, except, mother, valentine, gift, baskets, they, also, name, baskets, their, coyly, self, descriptive, telephone, numbers, part, founder, james, mccann, business, mod. 1 800 Flowers com Inc 1 is a floral and foods gift retailer and distribution company in the United States The company s focus except for Mother s Day and Valentine s Day is on gift baskets They also use the name 1 800 Baskets com 1 Their use of coyly self descriptive telephone numbers is part of founder James McCann s business model 2 3 1 800 Flowers com Inc Offices in Carle PlaceCompany typePublicTraded asNasdaq FLWS Class A Russell 2000 ComponentIndustryRetailFounded1976 48 years ago 1976 FounderJames McCannHeadquartersJericho New York United StatesKey peopleJames McCann chairman Chris McCann CEO ProductsFlowersGift basketsPlantsFoodCollectiblesSubsidiariesHarry amp DavidWebsite1800flowersinc wbr com Contents 1 History 1 1 Founding and early years 1 2 Acquisitions 2 See also 3 References 4 External linksHistory editFounding and early years edit 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 4 The use of the number would trigger a series of lawsuits 4 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 4 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 citation needed In 1994 the company bought Conroy s Flowers 5 The 1800flowers com domain name was registered on September 1 1995 6 In May 2006 Alpine Confections Inc brands including Fannie May Confections Fannie Farmer and Harry London Candies were purchased for 85 million 7 In September 2007 it announced a partnership with Martha Stewart Living Omnimedia to produce a line of floral products inspired by Martha Stewart 8 According to the Consumerist in 2008 customers reported unknowingly being subscribed to a membership called LiveWell after receiving rebate checks from 1 800 Flowers 9 It had 4000 employees as of 2008 with a market cap of US 119 million 10 In 2009 revenue was US 714 million 11 Operating income was US 72 2 million 11 net income was US 98 4 million 11 assets were valued at US 286 million 12 and equity was at 134 million 12 In March 2017 Fannie May and Harry London were sold to Ferrero SpA for 115 million 13 Acquisitions edit March 2005 Cheryl s Cookies 14 May 2006 Alpine Confections Inc brands including Fannie May Confections Fannie Farmer and Harry London Candies 7 April 1 2008 DesignPac Gifts LLC 15 July 21 2008 Napco Marketing Corporation 16 August 1 2011 Flowerama 17 August 5 2019 Shari s Berries 18 August 3 2020 Personalization Mall 19 October 28 2021 Vital Choice 20 January 14 2022 Alice Table 21 May 02 2023 SmartGift 22 See also editVanity numbers PhonewordsReferences edit a b Quenqua Douglas December 22 2009 Bringing Bouquets and Gift Baskets Together The New York Times Elliott Stuart September 24 1993 The Media Business Advertising Addenda Teleway Shifts Accounts to McCann The New York Times Ketcham Diane September 13 1992 ABOUT LONG ISLAND At the Other End of the 800 Toll Free Line The New York Times a b c CURTIS P JAHN and CAPITOL WAREHOUSING CORPORATION Plaintiffs v 1 800 FLOWERS COM INC FRESH INTELLECTUAL PROPERTIES INC and 800 FLOWERS INC District Court for the Western District of Wisconsin July 23 2001 Text Smith Richard D January 8 1995 From One Little Shop an 800 Flowers Garden Grows The New York Times Archived from the original on September 22 2021 WHOIS page Network Solutions November 6 2012 Retrieved November 6 2012 a b Sweet success Fannie May back after bankruptcy Daily Herald Associated Press November 28 2010 Retrieved October 13 2018 1 800 Flowers com Martha Stewart Living in tie up Reuters September 20 2007 Retrieved November 6 2012 1800flowers Dupes You Into Signing Up For LiveWell For 11 99 Per Month The Consumerist Retrieved November 6 2012 Company Profile for 1 800 FLOWERS COM Inc FLWS Zenobank Retrieved October 17 2008 a b c 1 800 Flowers com FLWS annual SEC income statement filing via Wikinvest a b 1 800 Flowers com FLWS annual SEC balance sheet filing via Wikinvest Channick Robert March 17 2017 Italian maker of Nutella buys Fannie May Chicago Tribune Retrieved October 13 2018 Goins Tony March 11 2005 1 800 Flowers to buy Cheryl amp Co Columbus Business First Retrieved May 5 2022 1 800 Flowers com buys DesignPac Gifts Multichannelmerchant com June 1 2008 FORM 10 K Securities amp Exchange Commission 2010 FORM 10 K Securities amp Exchange Commission 2013 Wassel Bryan August 5 2019 1 800 FLOWERS COM Acquires Shari s Berries For 20 5 Million Retailtouchpoints com Archived from the original on November 6 2019 Blair Adam August 3 2020 1 800 FLOWERS Finalizes 245 Million Personalization Mall Acquisition Retailtouchpoints com Archived from the original on September 28 2020 Blank Christine October 28 2021 1 800 Flowers acquires Vital Choice Seafoodsource com Archived from the original on January 24 2022 1 800 Flowers com acquires Alice s Table lifestyle operation Retailcustomerexperience com January 14 2022 Archived from the original on January 14 2022 PYMNTS May 2 2023 1 800 FLOWERS COM Buys SmartGift to Expand Gifting Capabilities PYMNTS com 1 800 FLOWERS COM Buys SmartGift to Expand Gifting Capabilities Retrieved November 13 2023 External links editOfficial website Reports on Alleged Fraud by 1 800 Flowers com Retrieved from https en wikipedia org w index php title 1 800 Flowers com Inc amp oldid 1223847369, wikipedia, wiki, book, books, library,

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