Florists' Transworld Delivery
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|
| Public | |
| Traded as |
NASDAQ: FTD S&P 600 Component |
| Industry | Floral industry |
| Founded | 1910 |
| Headquarters | Downers Grove, Illinois, United States |
|
Key people
|
John Walden, President and CEO |
| Revenue |
 $1.22 Billion (2015) |
|
$78 million (2007) |
|
|
$32 million (2007) |
|
| Total assets |
$749 million |
| Total equity |
$262 million |
| Owner | Liberty Interactive (37.5%) |
|
Number of employees
|
984 (2007) |
| Subsidiaries |
http://www.ftd.com |
| Website | www.ftdcompanies.com |
http://www.ftd.com
http://www.interflora.co.uk
http://www.flyingflowers.co.uk
http://www.flowersdirect.co.uk
FTD Companies, Inc. (FTD), also trading as Florists' Transworld Delivery is a floral wire service, retailer and wholesaler based in Downers Grove, Illinois, in the United States. FTD was founded as Florists' Telegraph Delivery in 1910, to help customers send flowers remotely on the same day by using florists in the FTD network who are near the intended recipient. It was based in Detroit, Michigan and then moved to Southfield, Michigan prior to its move to Downers Grove. It originated as a retailers' cooperative and began a process of demutualization in 1994. It operates two main businesses: The Consumer Business sells flowers and gift items through its websites and The Floral Business sells computer services, software and even fresh cut flowers to FTD and Interflora affiliated florists.
Retail Florist Association (formerly Extra Touch Florist Association and FTD Association) is a trade association that originated as the member education, advocacy and quality assurance arm of FTD, breaking formal ties with FTD in 2001.
FTD processes orders through the Mercury Network, its international telecommunications service.
On August 18, 1910, thirteen American florists led by John Valentine, a Denver lawyer and floral company owner agreed to serve each other's out-of-town customers by exchanging orders via telegraph. This group was called Florists' Telegraph Delivery. In 1914, the company adopted Mercury Man as its logo, to emphasize the speed of delivery. In 1965, it began offering international order, and took the name of Florists' Transworld Delivery.
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Wikipedia