
Gardener’s Supply Company, the home and gardening retail store, has filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code, creating uncertainty about the future of its stores. If you’re a customer, here’s everything we know about the situation.
Why did Gardener’s Supply Company file for bankruptcy?
The company, which once thrived thanks to its online sales and nationwide shipping, has experienced a significant drop in sales since the start of the pandemic. Although it tried to stay afloat by cutting expenses, the continuous rise in operating costs—including shipping, marketing, and tariffs—has become unsustainable.
This has been further compounded by increasing competition in the market, making things even more difficult. As part of its survival strategy, the company is seeking to restructure financially and pursue a possible sale to Gardens Alive!, a gardening firm based in Indiana.
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This move aims not only to preserve the continuity of the business but also to protect jobs and maintain service for loyal customers. However, the company’s future will depend on how the bankruptcy process and negotiations with the potential buyer unfold.
Will Gardener’s Supply Company stores close?
Fortunately for customers, the company has stated that it will not close its stores, and that both its website and catalog business will continue to operate as normal. There will also be no layoffs.
How many Gardener’s Supply Company stores are there in the U.S.?
Currently, the chain operates six stores located in three states:
- Vermont
- Massachusetts
- New Hampshire
About Gardener’s Supply Company
Founded in 1983 in Burlington, Vermont, this chain has become a go-to destination for gardening enthusiasts across the country. It offers solutions for a wide variety of challenges, from frost-damaged plants to pest-affected crops. Its team of expert gardeners, along with an extensive library of tutorials and innovative products, supports customers at every step of the process.
The company understands the challenges gardeners face—because they’ve experienced them firsthand. Its award-winning design team constantly works on new tools that make gardening easier and more rewarding. In addition, its customer service team is made up of experienced gardeners, always ready to provide personalized guidance through any communication channel.
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Gardener’s Supply Company Promotions
According to the company’s website, the following promotions are currently being offered at its retail locations:
- Annuals – 30% OFF
- Hanging Baskets
- All Sized Pots
- Multi-Packs
- Vegetable Starts – 50% OFF
- All Sized Pots
- Multi-Packs
What is Chapter 11 of the U.S. Bankruptcy Code?
Chapter 11 allows companies to reorganize their debts, typically with the goal of continuing operations. It is one of the most complex bankruptcy procedures, in which the company must present a detailed reorganization plan and negotiate with creditors.
This legislation provides businesses with a chance for a fresh start, although it may also result in the partial transfer of asset ownership to creditors. As a result, business owners must carefully assess the costs and benefits before deciding to file for bankruptcy.
What benefits does Chapter 11 offer?
This section serves as an alternative to penalties, meaning that the company or individuals seeking it can avoid immediate dissolution, liquidation, and drastic cuts. During this process, the law allows the entity to continue operating and restructure without pressure from creditors. At the same time, it enables them to negotiate and propose a repayment plan for their debts.
Moreover, reorganization procedures under Chapter 11 offer the advantage that the company’s management retains control over the business, making the reorganization plans generally more effective, as the executives who stay in charge are the ones best familiar with the company, partnership, or individual involved.