Smith and Hawken Closing
Looks like Smith and Hawken is on it's last legs. According to thedeal.com "The clock is ticking fast on premium gardening chain and catalog company Smith & Hawken Ltd. as it holds out in the hope of a last-minute lifeline from a new buyer that its parent company Scotts Miracle-Gro Co. won't provide." Reuter's is reporting that, Smith and Hawken "will call in the liquidators for its 56 stores unless the corporate parent of the premium gardening chain and catalog company reaches a last-minute deal with potential buyers." We have talked about Smith and Hawken, and it's decline for quite awhile here . It's sad to see such a venerable (in the past) business closing, but when Scotts Miracle-Gro bought the chain the long slide began. Maybe someone will buy the chain and save 700 jobs, but I have my doubt's.