1-800-Flowers.com buys DesignPac Gifts

Multititle mailer 1-800-Flowers.com announced on May 1 it has acquired DesignPac Gifts for $36 million. DesignPac Gifts, which did $50 million in sales during 2007, designs and assembles gourmet gift baskets, gourmet food gift towers, and gift sets.

Carle Place, NY-based 1-800-Flowers.com, which recorded $912.6 million in sales for fiscal 2007, includes the HearthSong, Plow & Hearth, The Popcorn Factory, Magic Cabin Dolls, and Cheryl & Co. catalogs.

According to terms of the deal, Melrose Park, IL-based DesignPac will retain its senior management and become a wholly owned subsidiary of 1-800-Flowers.com.

Chris Shannon, managing director for investment firm Berkery, Noyes & Co., says the acquisition is the perfect fit and “complements both companies.”

Jim McCann, CEO of 1-800-Flowers.com, agrees.

McCann said in a release: “We believe DesignPac’s unique capabilities in the design and production of gift baskets and gift sets can be leveraged across all of our gourmet food brands to enhance our product offering and further expand our multichannel retailing strategy.”

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1-800-Flowers.com Buys DesignPac Gifts

1-800-Flowers.com announced on May 1 it has acquired DesignPac Gifts for $36 million. DesignPac Gifts, which recorded $50 million in sales during 2007, designs and assembles gourmet gift baskets, gourmet food gift towers, and gift sets.

Carle Place, NY-based 1-800-Flowers.com, which recorded $912.6 million in sales for fiscal 2007, includes the HearthSong, Plow & Hearth, The Popcorn Factory, Magic Cabin Dolls, and Cheryl & Co. catalogs.

According to terms of the deal, Melrose Park, IL-based DesignPac will retain its senior management and become a wholly owned subsidiary of 1-800-Flowers.com. Chris Shannon, managing director for investment firm Berkery, Noyes & Co., says the acquisition is the perfect fit and “complements both companies.”

Jim McCann, CEO of 1-800-Flowers.com, agrees. He said in a release:
“We believe DesignPac’s unique capabilities in the design and production of gift baskets and gift sets can be leveraged across all of our gourmet food brands to enhance our product offering and further expand our multichannel retailing strategy.”

Partner Content

3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Build the Foundation for Great Customer Experiences - NetSuite
Understand how consistent, timely, relevant and personalized experiences are enabled by having the right technology foundation in place.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.