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The Alderwoods Group formed on January 2, 2002, after the Loewen Group, then the second largest funeral home and cemetery operator in North America, emerged from bankruptcy. [2] In November 2006, Alderwoods was acquired by Service Corporation International in a US$1.2 billion deal reached in April of the same year. [3] [4]
Service Corporation International is an American provider of funeral goods and services as well as cemetery property and services. It is headquartered in Neartown, Houston, Texas, and operates secondary corporate offices in Jefferson, Louisiana (near New Orleans). [5] [6] SCI operates more than 1500 funeral homes and 400 cemeteries. [1]
In 1985 Loewen Group went public and, in 1987, the company expanded into the United States. In the years that followed, Loewen rapidly expanded his company, purchasing hundreds of small independent funeral homes. By the mid-90s, the company had 15,000 employees and operated 1,115 funeral homes and was the world's second-largest funeral chain. [10]
In the 1960s, a push for large companies acquiring smaller funeral homes and cemeteries occurred. [21] Although there has been a consistent push for consolidation, the majority of the industry still consists of small, family-owned businesses. [21] As of 2019, there are around 19,136 funeral homes that provide funeral services in the U.S.
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In 2003, 15 percent of corporately owned funeral homes in the US were owned by one of three corporations. [9] The majority of morticians work in small, independent family-run funeral homes. The owner usually hires two or three other morticians to help them. Often, this hired help is in the family, perpetuating the family's ownership.
Funeral homes arrange services in accordance with the wishes of surviving friends and family, whether immediate next of kin or an executor so named in a legal will. The funeral home often takes care of the necessary paperwork, permits, and other details, such as making arrangements with the cemetery, and providing obituaries to the news media ...
In 1984, [10] [non-primary source needed] the FTC began to regulate the funeral home industry in order to protect consumers from deceptive practices. The FTC Funeral Rule requires funeral homes to provide all customers (and potential customers) with a General Price List (GPL), specifically outlining goods and services in the funeral industry, as defined by the FTC, and a listing of their prices.