Thursday, January 14, 2010

Scotts Sells Smith & Hawken to Target

Scotts Miracle-Gro has sold the Smith & Hawken brand to Target Corp.

The deal closed late last month, said Jim King, a Scotts Miracle-Gro executive. The financial terms were not disclosed.

The Marysville-based company purchased the chain in 2004 and two years later, began selling Smith & Hawken products at Target stores. But the Smith & Hawken chain struggled, and Scotts ended up closing the stores last year after unsuccessfully trying to find a buyer.


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