News

This is a blog post from GrowingWithPlants.com by Matt Mattus Scott’s Miracle Grow Company announced today that they are shutting down their high-end gardening retail business Smith & Hawken this week. ( I know! Scott’s Miracle grow!! They bought the company in 2004). I suppose it is not surprising that the brand was headed in this direction, after all, the signs were all there. My favorite location, on West Broadway in New York started carrying less and less merchandise that was unique and stylish, opting for more mass market brands and items, with less creative uniqueness that the brand was … Read more

— Closure process expected to be cash neutral but result in one-time charges of approximately $25 million — Fiscal 2010 adjusted earnings expected to benefit up to $0.15 per share — Store sales start July 9 with all stores expected to close within six months MARYSVILLE, Ohio, July 8 /PRNewswire-FirstCall/ — The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden products, announced today it will cease operating its Smith & Hawken business by the end of the calendar year and has hired a third-party firm to manage the closure process. “We would have … Read more

People often ask me if I am seeing a larger number of business sellers during the difficult economic climate for the green industry we are experiencing this year. Many people expected there to be a flood of business sellers as a result of a variety of factors, including: Last year’s run-up in fuel prices, A corresponding increase in commodity prices A challenging labor force in light of attitudes toward immigration and a reduction in the number of workers available under the H1B guest worker program, Issues relating to the ability of  businesses to  obtain financing as  a result of the … Read more

From Pest Control Technology ATLANTA  – Atlanta-based Arrow Exterminators announced the acquisition of Denham Pest Control, Americus, Ga.  Owners Mike and Carol Denham, who acquired the company a few years ago, have continued the tradition of delivering high quality service to their base of customers. This is Arrow’s 93rd acquisition since 1988. “We have been looking to acquire a quality pest control company in the Americus market to further strengthen our leadership position,” said Joe Thomas, Arrow’s CEO. “Denham’s mix of service offerings include pest and termite services which mix well with our portfolio.” “We are aggressively looking for merger opportunities like … Read more

BOCA RATON, Fla., May 20 /PRNewswire-FirstCall/ — Sunair Services Corporation (NYSE Amex: SNR) announced financial results for its second fiscal quarter ended March 31, 2009. Revenues from continuing operations for the second quarter ended March 31, 2009 were $12.6 million, compared to revenues of $14.3 million for the second quarter of the prior year. The Company incurred a loss from continuing operations of $(1,086,685) for the second fiscal quarter ended March 31, 2009, or $(0.08) per basic and diluted share, compared to a loss of $(1,239,404) for the same quarter last year, or $(0.09) per basic and diluted share. The … Read more