Funeral Industry Decline-Long established Funeral Home dies-YourFuneralGuy

18 Nov

Long standing Texas Funeral Home closes

There are more signs of Funeral Industry decline as funeral homes close, and funeral corporations post losses. Recently a long standing Funeral Home closed its doors in Athens Texas.

Gordon-Foster-Brown Funeral Home ceased operations on Nov. 15. After the closure, the TDB assumed custody of the records and funds related to the home’s pre-paid funeral contracts.

According to TDB, the department will soon begin proceedings to find another funeral home to service the 70 trust-funded contracts of purchasers who elect to keep them.

“It was a voluntary seizure from the department,” TDB Deputy Director Stephanie Newberg said. “We were contacted by the funeral home that they would be closing.”

Newberg said the closure was due to financial difficulties.

via www.athensreview.com

The economy has been putting pressure on the traditional Funeral Industry Forcing them to raise prices while folks are demanding and purchasing less. . The worlds largest funeral corporation SCI, Service Corporation International has shown poor numbers along with Matthews International.

Funeral Funeral Industry Blog by Your Funeral Guy

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