
- Image via Wikipedia
There has been an article on Ten Companies Controlling the Funeral Industry. What is interesting in the article are the Newcomers Wall Mart and Amazon .com These companies have only entered the funeral industry in the last several of years. This is an indication of traditional Funeral industry decline and the desire of folks to pay less in funeral cost.
Here is a summary of the funeral business from the Article
The death industry is a tale of two economies. A relatively few large companies, most of them publicly traded, control most of the businesses that sells caskets and granite for memorials. The rest of the death industry is made up of many modest businesses. Most of the 19,500 funeral homes in the country are small operations, often owned by the same families for generations. There are more than 120,000 cemeteries and many of these belong to families, nonprofits, and religious institutions.
via 247wallst.com
Here is al ist of the ten companies in the report.
Hillenbrand Inc-HI
Service Corporation International (SCI)
Walmart
Carriage Services Inc (CSV)
1-800 Flowers.com (FLWS)
Rock of Ages Corp(ROAC)
Stewart Enterprises(STEI)
Matthews International(MATW)
Amazon.com (AMZN)
Stone Mor Partners(Ston Mor)
Funeral Industry| Funeral News| Funeral Blog by Your Funeral Guy
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I’m fascinated to know what role Amazon is playing in the industry. Can you tell us? Thanks!
Thank you for your comment Charles. I have planned will have a blog post on Amazon.com and the Funeral Industry
Thanks, Brian.
FUNERAL GUY died January 19, 2011.
RIP Brian