Despite being located in New York, a hotbed of COVID-19 cases, FTD rival 1-800-Flowers just got a big thumbs up from Zacks. https://finance.yahoo.com/news/1-800-flowers-columbia-sportswear-165204854.html
Odds of FTD ever overtaking 1-800-Flowers for market share?
As if it weren't enough to watch a company furlough people and cut pay for others during the COVID-19 pandemic AFTER having just emerged from bankruptcy, guess what's in the headlines for top competitor to beat, 1-800/Flowers? They're getting TAX... — read more
Another reason to DONATE part of your unemployment to the food banks
Because the gosh darned State of Illinois still hasn't hit COVID-19 peak yet. Now predicted to be mid-June... — read more
High profile pre-Mother's Day marketing by FTD rival 1-800-Flowers pays off
Stock up for the (still) publicly traded FTD competitor- https://www.nasdaq.com/articles/1-800-flowers.com-flws-hits-fresh-high%3A-is-there-still-room-to-run-2020-05-11 Competitor Teleflora just got a mention in Adweek for their Mother's Day... — read more
Where were the big bucks on marketing???
"It is well documented that brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic... — read more
Attention furloughed FTD people: PLEASE DONATE
When you get your unemployment, please do two things: Call up your congressional district office and tell your elected representative to push to EXTEND the enhanced unemployment beyond July. It will be necessary to extend this program based on... — read more
Well furloughs aren't so unproductive after all - lots of time to study the competition
Now it is clear why 1-800-Flowers is thumping FTD. Here's what they did during the LAST economic downturn in the USA... THE CEO WENT ON TV ON "UNDERCOVER BOSS"! https://m.youtube.com/watch?feature=youtu.be&v=SaePFkSeGr0 Also, interesting... — read more
1-800-Flowers crushed it media-wise - where's FTD???
Didn't a brand spanking new CEO just get hired? Where's FTD??? "Business Insider" wanted to hear about how the floral business was affected by COVID-19. So they asked Chris McCann of 1-800-Flowers and Bloomnation's Farbod Shoraka for input leading... — read more
In case anyone cares even though Mother's Day came and went
If anyone ever goes on to a marketing job somewhere at some point in time (or goes back to school to study it, or sends kids to college to study it), here's info on why you want to INCREASE marketing spend during... — read more
In 6 months, if Nexus Capital bought the wrong company, then it's a shame
So Mother's Day has arrived, the State of Illinois will open up as slow as molasses, and FTD has furloughed tons of people while putting in a just so-so marketing effort this critical Mother's Day season with competitors nipping away at market... — read more
The way things are going, not even the competitors will be hiring either
All of these here big companies are slashing jobs. https://www.wsj.com/articles/company-layoffs-snowball-as-recovery-appears-elusive-11589040771 https://www.nytimes.com/2020/05/07/business/economy/coronavirus-unemployment-claims.html Bet... — read more
What if the company did an Eric Ries "pivot" to making floral masks?
Yes, just in time for Summer, the company could do a transitional temporary pivot (anyone who's read the Eric Ries versus Peter Thiel "lean startup" debate, as well as books written by both authors, knows what Ries means about pivoting out of... — read more
Why are you furloughed but liquor stores "essential"?
More concern for alcoholics than loss of jobs for non alcoholics apparently. https://www.msn.com/en-us/finance/markets/the-dark-reason-liquor-stores-are-considered-essential-businesses/ar-BB12VvPw Gee, there's an idea to elevate a brand that... — read more
Finally found more PR/marketing attempts by FTD
New CEO finally found trying to promote the brand. Mentioned in the New York Post: https://nypost.com/article/when-to-order-mothers-day-gifts-for-on-time-delivery-this-year/ FTD competitor 1-800-Flowers has apparently closed all of their Harry... — read more
How FTD's competitor is managing PR during COVID-19
They're doing what anyone savvy about PR and marketing should be doing the week before Mother's Day... GIVING INTERVIEWS AND GOING ON TV AND DOING GOOD PR! Look at the word choices such as "guiding principles" and "response team" and "broad... — read more
If interested in how FTD's publicly traded competition is doing
Looks like competitor 1-800-Flowers is seeing revenue gains in certain product areas: https://www.foxbusiness.com/lifestyle/mothers-day-demand-food-gift-basket-delivery-1-800-flowers 2% first quarter total revenue increase for... — read more
New CEO just hired
Here's a Forbes article on the past experience of the new CEO. https://www.forbes.com/sites/micahsolomon/2018/12/29/how-tumi-transformed-its-customer-service-to-be-as-bulletproof-as-its-luggage/#7d85f7a50e56 Someone who has a proven track... — read more
Global Flower Trade Crash
This is a good article to scan... The Crash of the $8.5 Billion Global Flower Trade As people everywhere cancel events and big cut-flower orders, the ripples reach into Dutch auction halls and Kenyan rose... — read more
Yes, there were furloughs at FTD
And most likely there will be many more before the end of the month. I'm just worried what's going to happen if this whole coronavirus crisis is not over by the end of April as many are hoping. If it lasts much longer, none of us will have a job by... — read more
Are you guys affected by the COVID scare?
What's the impact? Layoffs? Furloughs?
Anyone know how VDay was?
No longer with FTD but curious how it's been post bankruptcy.
CDO
When is nexus going to remove the highest paid executive who would not last one week without SVP of Customer Experience.
taxes
what's the over / under on getting our w2s by 1/31?
So they are canceling COBRA for all ex-employees
So much for 18 months of coverage, even though former employees pay 101% of the premium. They attached it to the old defunct company "GUE Liquidation" (FTD+1, how terribly clever) and are therefore cancelling coverage. Got the email today telling me... — read more
FTD Downers Grove - is that still a thing?
Has all the Downers Grove staff been laid off yet?
Jay is updating LinkedIn
Maybe there's something to read into here, maybe not?
New Hires and Fictitious Information
Does anyone else find it upsetting that FTD is still posting new jobs and fictitious information about how great it is to work for them although their bankruptcy has costs so many jobs?
Who is 'Gateway Mercury Holdings'?
Can't find any info about this guy
Shari’s
Shari’s has been bought out by 1800-flowers. They’ve laid off their entire team. (What’s left of them)
Same buyer?
It looks like the same buyer is buying FTD but the price has raised from 95 mil to 118. Anyone able to confirm it? Source: https://www.wsj.com/articles/gateway-mercury-to-buy-flower-delivery-firm-ftd-out-of-bankruptcy-11564623909
Happy 1 Year!
Hope everyone from the 2018 layoffs is doing well and has moved on to bigger and better things!
Any new bidders?
July 15 passed and nothing on omnimgmt web site regarding any new bidders? Anyone have any insight?
Nexus, Do you really know what your buying?
Nexus, Do you really know what your buying? I'm sure your reviewing this site. Maybe give a call to a handful of employees from various departments and get their opinion, off the record. It will be a lot different then the picture your getting from... — read more
Nobody will buy FTD
FTD just sold off most of their assets! If the current management is still in place it will slowly bleed until it bleeds out. Nobody will buy them, 800 flowers and teleflora will eat them for lunch. The wire service is a thing of the past and nobody... — read more
Restructuring Update
https://www.prnewswire.com/news-releases/ftd-companies-inc-provides-update-on-court-supervised-restructuring-process-300873545.html
Delisting Determination
https://www.streetinsider.com/SEC+Filings/Form+25-NSE+FTD+Companies%2C+Inc.+Filed+by%3A+The+Nasdaq+Stock+Market+LLC/15638629.html
Has Sharis Berries been sold?
Did sharis berries get sold yet?
Trustee Objects To Bonus Metrics In Flower Co.'s Ch. 11 Case
https://www.law360.com/delaware/articles/1171698/trustee-objects-to-bonus-metrics-in-flower-co-s-ch-11-case