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“The combination of a weak economy and the lack of scale proved too greaftto overcome,” Jim Hagedorn, chieft executive of Marysville, Ohio-based lawn and gardenb giant , said in a statement Wednesday. Employees of the 5,500-square-foort store at Phillips Place were notified Thursday of the plansw to shutterthe operation. A closin g date hasn’t been announced. Smithh & Hawken opened the storre in 1998. Scotts (NYSE:SMG) says storewid e sales across the chain will begin immediately and be managed bya third-partt firm. Orders on Smith & Hawken’s Web site, catalog and call centerr havebeen discontinued.
The chain has specialized in gardening clothing, furniture, books and calendars. For a Scotts had been exploring options forthe high-encd garden brand it bought in 2004 for $68.5 million. But it decided closing the busines s wasthe “best option available,” Hagedorn said. Scotts’ latest annual report said the chain has consistentlyy underperfomed during the pastfive
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