1-800-FLOWERS.COM, Inc. acquired Things Remembered, Inc for $5 million.
January 09, 2023
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1-800-FLOWERS.COM, Inc. (NasdaqGS:FLWS) acquired Things Remembered, Inc. on January 10, 2023. Cahill Gordon & Reindel LLP acted as a legal advisor to 1-800-FLOWERS.COM, Inc. Stifel Financial Corp. (NYSE:SF) acted as financial advisor to Things Remembered, Inc..
1-800-FLOWERS.COM, Inc. (NasdaqGS:FLWS) completed the acquisition of Things Remembered, Inc. for $5 million on January 10, 2023. 1-800-FLOWERS.COM, Inc used cash on its balance sheet to fund the $ 5 million purchase.
1-800-Flowers.Com, Inc. is a provider of gifts designed to help customers to give, connect, and build relationships. The Companyâs e-commerce business platform features a family of brands, including 1-800-Flowers.com, 1-800-Baskets.com, Cherylâs Cookies, Harry & David, PersonalizationMall.com, Shariâs Berries, FruitBouquets.com, Things Remembered, Moose Munch, The Popcorn Factory, Wolfermanâs Bakery, and others. Its Celebrations Passport loyalty program provides members with free standard shipping and no service charge across its portfolio of brands. It also operates BloomNet, an international floral and gift industry service provider offering a range of products and services designed to help members grow their businesses profitably; Napco, a resource for floral gifts and seasonal decor; DesignPac Gifts, LLC, a manufacturer of gift baskets and towers; and Aliceâs Table, a lifestyle business. Its segments include Consumer Floral & Gifts, BloomNet, and Gourmet Foods & Gift Baskets.