In a prepared statement, Jim Hagedorn, chairman and chief executive officer of ScottsMiracle-Gro, which owns Smith and Hawken, said:
We would have preferred to sell the Smith and Hawken business in order to protect jobs and keep the retail franchise intact. However, after discussions with several potential investors over the past 12 months, it became obvious that shutting down the business was the best option available.
Do you shop at Smith and Hawken? Do you know anyone who works there? Are you sad to see it close its doors?