Smith and Hawken Closing
Smith and Hawken closing is imminient. The company has said that they will close all of their 56 stores. The reason was explained by CEO Jim Hagedorn:
“The combination of a weak economy and the lack of scale proved too great to overcome,”
He added that this was the best option, given the current situation. It has been found out that the store has underperformed for the past five years, ultimately leading into this.
According to bizjournals:
Smith & Hawken parent, Scotts (NYSE:SMG), says storewide sales across the chain will begin immediately and be managed by a third-party firm.
Those were the news on Smith and Hawken closing.
Please click here for more recent posts.
Related posts:
- GM Dealer Closing List
- Janet Hubert Will Smith
- Chrysler Dealerships Closing
- Stephen A. Smith’s Future Out of ESPN
- Jada Pinkett Smith Stands Up for Her Marriage
Recent Comments