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SmithHawken

Target Buys Smith & Hawken

Filed under: Decor


Last summer garden and outdoor entertaining company Smith & Hawken went through a rough time. Corporate parent Scotts Miracle-Gro Company said that it would call in the liquidators for its 56 stores unless the brand was sold. Now comes the news that Target has acquired the Smith & Hawken brand and other intellectual property from Smith & Hawken. Target already sells Smith & Hawken's outdoor furniture and other lines. Financial terms of the deal weren't disclosed but Scotts had bought Smith & Hawken for $68.5 million in 2004.

Will Smith & Hawken Be Liquidated?

Popular garden and outdoor entertaining company Smith & Hawken has been struggling lately. Now Reuters reports that the company will call in the liquidators for its 56 stores unless its corporate parent Scotts Miracle-Gro Company reaches a last minute deal with potential buyers. Scotts bought Smith & Hawken for around $70 million in 2004. The recession has hit the company hard. Financial statements reveal that sales were down 22 percent during the first two quarters of the current fiscal year. Reuters sources say that the 700 employees of the company will be notified soon if no deal is reached. If the company is not bought out, then the going-out-of-business sales could start as soon as the end of the week.

UPDATE: Scotts Miracle-Gro has announced that it will shut down Smith & Hawken. All of Smith & Hawken's 56 U.S. stores will be shut down by the end of the year and the website and call center will stop taking catalog orders immediately.

Free Shipping on Smith & Hawken Premium Teak Chaises

Filed under: Decor, Garden, Green

Garden and outdoor company Smith & Hawken is offering, for a limited time, free shipping on its premium teak chaise collection when you order online. That's a savings of 11% of the final price of the item plus an additional savings of $50 per item for the chaises in this collection. This means you can buy an additional piece so the family's not fighting over who gets the teak chaise by the pool. The more you spend, the more you save!

I like the Saranac Chaise. Designed by Frederic Spector, it's fitted with a four-position backrest and three-way under-knee support. Wheels make it easy to move from lawn to poolside, and a pull-out tray holds snacks, beverages or reading material. Ecologically farmed teak will withstand rain, snow and sun. Assembly required; $1,499.

Check out the gallery below for the other Smith & Hawken teak chaises that qualify for the free shipping offer.

Thanks, GP, for this tip.

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