Oh no! They were my original “dealer”!
Per Garden Center Mag Gardeners Supply Company files Chapter 11 bankruptcy
Makes me wonder about Tomato Grower’s Supply Company, my second!
Oh no! They were my original “dealer”!
Per Garden Center Mag Gardeners Supply Company files Chapter 11 bankruptcy
Makes me wonder about Tomato Grower’s Supply Company, my second!
Sorry to hear about Gardeners Supply.
That is very sad.
If you read the article, it isn’t hopeless yet! There looks to be some sort of asset acquisition (not sure if they are the buyer or someone else) that was made recently. Some of the bankruptcy seems to be tied to liquidity because of recent retirements of long-tenured workers, stock plan payouts, and this seems to have made cash flow tight. This article makes it sound like it’s temporary situation and that the filing is just allowing it to get more time to pay off the debtors.
Gardening really boomed with the pandemic. Now that food prices are feeling out of control, I hope this means more people might turn to gardening to supplement as well. Hopefully this gets them back into the green/black quickly.
Thank you for clarifying! I went back and included “chapter 11” because I wasn’t sure, but I was thinking chapter 11 means all is not lost.
It’s been years, but their stuff lasts! Maybe that’s the problem! I guess I should check them out again.