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1-800-FLOWERS buying Harry & David for $142.5M

CARLE PLACE, N.Y. — 1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts.

The deal includes Harry & David Holdings Inc.’s brands, websites, 47 retail stores, some plants, orchards, and its headquarters in Medford, Ore.

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Harry & David’s fruit, food, and other gifts are housed under brands including Wolferman’s, Cushman’s, and its namesake. Products include Harry & David Royal Riviera pears, Tower of Treats gifts, Fruit-of-the-Month Club products, Wolferman’s specialty English muffins, and other breakfast products and Cushman’s HoneyBells citrus gifts.

1-800-FLOWERS’ brands already include Fannie May, Cheryl’s, and The Popcorn Factory.

Harry & David will become a subsidiary of 1-800-FLOWERS. Its current senior management staff will remain with the business.

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