1-800-Flowers to sell Personalization Businesses to PlanetArt for $45.0M

1 800 FLOWERS COM INC

1-800-Flowers.com agreed to sell Personalization Mall, Things Remembered, and Personalization Universe to PlanetArt, LLC for $45.0 million in cash, subject to working capital adjustments.
The Asset Purchase Agreement, dated September 26, 2026, includes customary representations, warranties, covenants, and termination rights for Purchaser and Sellers.
Closing is subject to conditions including no Business Material Adverse Effect, accuracy of representations, and receipt of specified third-party consents.
The agreement contemplates a post-closing commercial agreement and transition services agreement between Sellers and Purchaser.
A press release dated September 29, 2026 announced the agreement; James Langrock is Senior Vice President, Treasurer and CFO.

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