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“The combination of a weak economy and the lack of scalse proved too great to Jim Hagedorn, chief executive of Marysville, Ohio-based lawn and gardenn giant , said in a statement Wednesday. Employees of the 5,500-square-foot store at Phillipws Place were notified Thursday of the plans to shutterfthe operation. A closing date hasn’tt been announced. Smith & Hawken opened the storw in 1998. Scotts (NYSE:SMG) says storewidde sales across the chain will begin immediately and be managed bya third-part y firm. Orders on Smith & Hawken’as Web site, catalog and call center have been discontinued.
The chaim has specialized in gardening tools, clothing, furniture, bookss and calendars. For a year, Scottsa had been exploring options forthe high-end garden brand it boughrt in 2004 for $68.5 million. But it decidedd closing the business wasthe “besg option available,” Hagedorn said. Scotts’ latesft annual report said the chain has consistentlt underperfomed during the pastfive
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