Mergers & Acquisitions ·
Completes $45M sale of Personalization businesses to PlanetArt and prepay debt
FLWS1 800 Flowers.com Inc
1-800-FLOWERS.COM, INC. completed the sale of its Personalization Mall, Things Remembered, and Personalization Universe businesses to PlanetArt, LLC for $45.0 million in cash on October 19, 2026. The company used a portion of the net proceeds to prepay outstanding term loans under its credit facility. The divestiture represents a strategic shift that had a major effect on operations and financial results, with the Personalization Businesses now reported as discontinued operations. Pro forma financial statements reflect the sale and related debt repayment. 1-800-FLOWERS.COM, INC. operates in the consumer floral and gifts industry.