Current:Home > MarketsPredictIQ-20,000 roses, inflation and night terrors: the life of a florist on Valentine's Day -MoneyStream
PredictIQ-20,000 roses, inflation and night terrors: the life of a florist on Valentine's Day
Charles H. Sloan View
Date:2025-04-09 13:22:20
The PredictIQfirst thing you notice when you walk into Scotts Flowers just before Valentine's Day is the quiet. People are focused.
The storefront at the Manhattan florist is serene and immaculate, full of tastefully arranged Valentine's bouquet displays.
Right up front is the classic: 12 red roses arranged in a circular vase: The Modern Dozen, $135. There are also single roses for sale.
In the back of the store, though, things are full on:
About a dozen people stand at long, stainless steel tables, silent and focused: trimming stems and leaves and arranging the flowers in the vases lined up in front of them.
The floor is covered in stems, leaves and red petals. Everyone drinks coffee.
Welcome to the world behind your Valentine's Day roses.
The Super Bowl for florists
Chris Palliser owns Scotts Flowers with his two brothers. He says Valentine's Day is huge - they have to get it right.
"Valentine's Day is the Super Bowl," he says. "It's the biggest holiday of the year for us."
It's also the biggest single day of the year for the $8 billion global flower industry. And it is all about the rose.
Roses actually invade the dreams of Rob Palliser, Chris's brother. "The three days before Valentine's Day, I'm having... I don't know if you want to call them night terrors or dreams, but you're dreaming roses, right? It's that all consuming."
The nightmares are kind of understandable. 20,000 roses will funnel through this one flower shop for Valentine's Day.
No room for error
And on Valentine's Day, there's no margin for error.
People want their 12 red roses delivered to their Valentine today. Scotts Flowers can't be a day late, or a rose short.
They can't swap in some other flower if their roses get stuck in Miami, which happened one year .
They can't really even prepare that much because most people place their orders at the very last minute.
"It's the last two days. It's insane," says Chris, Palliser. "At the end of the day, the procrastinators still win. That's when everything comes in."
As I spoke with Chris and Rob, a little printer behind them was grinding out order after order after order. More than a thousand orders will pass through that little printer for this one day.
A rose on any other day
Roses are not coming cheap this year. At Scotts Flowers, a dozen roses will set you back $135, which is more than $10 a rose.
But Chris Palliser says that's barely enough to cover costs. Even though Valentine's Day is the busiest day of the year, it's not all that profitable.
The reason? Blame the roses...
Most of them were grown near the equator. By the time they are placed into the hands of your Valentine, they have traveled thousands of miles and likely visited multiple countries.
The rising cost of airfare, fuel and shipping have really pushed prices up. This year, wholesale prices in the US are reportedly between $1 - $3. It's about 50% higher than last year.
"Obviously, it's Valentine's Day, you have to offer roses," says Rob Palliser. "But red roses, it's very difficult to hit the margins you're trying to hit."
A rose is a rose is a rose...
Red roses. The Valentine's day classic. The default expression of love the world over. The global competition for these flowers on this day is fierce and expensive.
"We should be charging $150 if we wanted to hit the same margin we try to hit with other flowers," says Chris Palliser.
But they simply can't pass those prices on because at the same time as prices are rising, customers have gotten pretty price sensitive. Chris and Rob Palliser say they just can't adjust rose prices to keep up with costs.
And for a big one day push like Valentine's Day, there are a lot of costs: Scotts Flowers has hired about 20 extra workers, they have rented a refrigerated truck that's parked outside for additional storage space. Then there's delivery, shipping, handwritten cards...
My love is a red, red... tulip?
To try and make the Valentine's math a little rosier, Chris and Rob Palliser are offering a lot of bouquets that feature alternative flowers this year.
"We try to educate customers," says Rob Palliser. "These bouquets have really premium flowers. A lot of people prefer them."
Case in point: The Boho Blush Bouquet. It features tulips, orchids, mums, and four white and pink roses.
It's very ethereal and light. The cost: $185.
Roses are King
Scotts Flowers is offering a bunch of these alternative bouquets for Valentine's Day and they've been selling really well this year, which is great for the shop because the profit margins are much better than for the dozen roses.
But the whole time we're talking, the printer keeps churning out order after order. These are the last minute orders and Chris Palliser says he knows exactly what they are.
"You will see red roses only coming in. That's what everyone wants."
The traditional Valentine's Day panic purchase. Probably as classic as the roses themselves.
veryGood! (6982)
Related
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Portland revives police department protest response team amid skepticism stemming from 2020 protests
- CVS CEO Karen Lynch on decision to carry the abortion pill, cybersecurity threats
- Ancient chariot grave found at construction site for Intel facility in Germany
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Shakira Shares How 11-Year-Old Son Milan Processed Her Split From Gerard Piqué
- U.K. food delivery driver who bit customer's thumb clean off over pizza dispute pleads guilty
- Man's body found in Rochester water supply reservoir was unnoticed for a month, as officials say water is safe to drink
- A South Texas lawmaker’s 15
- Massachusetts Senate passes bill aimed at outlawing “revenge porn”
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- A third man is now charged with murder in the Kansas City Super Bowl rally shooting
- Keep Your Car Clean and Organized With These 14 Amazon Big Spring Sale Deals
- Real Housewives of Potomac's Karen Huger Charged With DUI After Car Crash
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Teen driver blamed for crash that kills woman and 3 children in a van near Seattle
- Yes, authentic wasabi has health benefits. But the version you're eating probably doesn't.
- U.S. looks at Haiti evacuation options as Americans and Haitians hope to escape gang violence
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Tracy Morgan Reveals He Gained 40 Pounds While Taking Ozempic
Vasectomies and March Madness: How marketing led the 'vas madness' myth to become reality
Horoscopes Today, March 20, 2024
New data highlights 'achievement gap' for students in the US
Tracy Morgan Reveals He Gained 40 Pounds While Taking Ozempic
A Nashville guide for Beyoncé fans and new visitors: Six gems in Music City
Queen Camilla Shares Update on King Charles III Amid His Cancer Battle