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1-800-Flowers.com reaps rewards of e-commerce boom By Anthony Myers One of North America’s leading e-commerce providers of products has reported results for its Fiscal 2021 Third Quarter ended March 28, 2021, with record total net revenues of $474.2m, driven by ecommerce growth of 83.2%. CEO Chris McCann, said: “T he record top and bottom-line results for our fiscal third quarter reflect the strength of the ecommerce platform that we have built to drive solid, sustainable growth. “The strong results for the quarter represent a continuation of the momentum that we have been building over the past several years. In addition, the acceleration provided by COVID has resulted in profound shifts in consumer behaviour that our massive database, strong brand portfolio, and leading-edge technology will turn into a new era of growth. ....
1-800-Flowers Named E-Commerce Deal of the Year Winner Related Stories December 14, 2020 December 14, 2020 1-800-Flowers.com from home furnishing retailer Bed Bath & Beyond hit a high-profile bump or two on its way to closing, thanks to the Covid-19 pandemic, but all’s well that ends well. Really well, in this case. The deal closed over the summer and helped its new buyer achieve record-breaking results by year’s end. Best-Laid Plans Like every transaction in 2020, the pandemic posed some challenges. The deal was announced in mid-February with a purchase price of $252 million and was expected to close by the end of March. Enter Covid. On March 20, ....