In the last 30 days there has been a great deal of movement going on in floral.
The biggest news would be that The Elite Flower Co. has created a partnership for the mass market, production and logistic side of business with the Bay State wholesale chain. Bay State has a separate Mass Market division that will now work together with Elite to service their mutual clients.
The wholesale side of Bay State will remain the same.
The Elite Flower Co is one of the largest bouquet makers in the World and these types of floral companies need local service and delivery to best serve their Mass Market customers. These companies continue to acquire more local Brink and mortar shops as they seek to dominate the market in those areas.
Next we find the VistaFlor/ Multiflora a long time well established Colombian Grower has purchased the Premium Flower Company based here in Miami. These consolidations have been happening behind the scenes but this one is public and makes sense for a grower to have a larger Miami presence.
Finally after 80 years Parks Wholesale Dallas has closed.
Things are happening.