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1-800 Flowers Inc. Geoffrey Hohman CIS1055 Section 007 10/3/10. Background History. Flower and gift retailer and distribution company Company first started out as a flower shop in 1976. It is owned and operated by Jim McCann Headquarters are located in
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1-800 Flowers Inc. Geoffrey Hohman CIS1055 Section 007 10/3/10
Background History • Flower and gift retailer and distribution company • Company first started out as a flower shop in 1976. • It is owned and operated by Jim McCann • Headquarters are located in Carle Place, New York • 1-800-FLOWERS is a mnemonic phone number HOHMAN 007
What Products does it Offer? HOHMAN 007
Modus Operandi • Direct Sales to Consumers • Toll-free telephone number 1-800-FLOWERS • Internet http://ww30.1800flowers.com/ • The floral company fills its orders in two ways: • Network of florists • Drop shipments • Established a florist-florist network called BloomNet HOHMAN 007
Companies Owned • Cheryl&Co. • Fannie May Confections, Inc. • BloomNet • Ambrosia Wine • WineTasting Network • Napco Marketing Corp. • The Popcorn Factory • DesignPac Gifts LLC • There are also many other smaller brands under the “company umbrella” HOHMAN 007
The Competition • 1-800-FLOWERS Inc. has several main competitors • FTD, Inc. • Harry & David Holdings, Inc. • Teleflora LLC • All are privately-held companies HOHMAN 007
Chain of Command HOHMAN 007
Stock Performance • 1-800 FLOWERS.COM, Inc. (NasdaqGS:FLWS) • Stock Price 2 yrs ago: $6 • Current Stock Price: $1.89 • Day’s Range: $1.88-1.9499 • 52 WK Range: $1.52-4.88 • Outlook: This company is more on the smaller scale, which explains the low $/share. However, it suffered a significant drop in March 2009, when the price dipped as low as $0.89. Since then, the price has been a little more consistent. Expect this stock to decline a little before it increases. $6 $.89 Next Slide HOHMAN 007
FLWS 2yr Stock Trend Previous Slide HOHMAN 007
Q & A • Please to feel to ask any questions. HOHMAN 007