PlanetArt, LLC to acquire 1-800-Flowers.com, Inc.

PlanetArt, LLC has agreed to acquire assets from 1-800-Flowers.com, Inc. in a transaction valued at forty-five million US dollars. The deal, announced on 29 September 2026, involves a cash consideration for the purchase of specific business assets rather than the entire corporate entity. Both the buyer and the target are headquartered in the United States, placing this transaction squarely within the domestic consumer and retail sector. The structure indicates a strategic move to integrate selected operational components of the floral delivery service into PlanetArt’s existing portfolio.

The reported figure represents the headline offer for the asset sale. As the transaction is currently at the firm intention stage, it has not yet been completed. No completion date has been established or reported at this time. The parties have expressed a strong commitment to proceeding with the acquisition, subject to the standard conditions precedent for such asset transfers. This move highlights continued activity in the consumer retail space, where established brands are divesting non-core or specific asset groups to focus on primary business lines. The finalisation of the deal remains pending, with no further regulatory or structural hurdles detailed in the current announcement.