MINNEAPOLIS - January 8, 2010
Target today announced it has acquired the Smith & Hawken brand and other intellectual property from Smith & Hawken, LTD, a subsidiary of The Scotts Company LLC, effective December 30, 2009.
“We’re thrilled to own such an admired and iconic brand,” said Kathee Tesija, executive vice president of merchandising, Target. “We believe the Smith & Hawken brand complements our existing portfolio of owned brands and provides our guests with another compelling reason to shop Target.”
Target currently offers its guests high quality and affordable outdoor furniture, gardening and décor solutions through Smith & Hawken for Target, which has been available exclusively at Target stores nationwide and online at Target.com since 2006. Target is excited about the opportunities for this brand and will share plans for expanded offerings in the future.
For more information about Smith & Hawken for Target, visit Target.com
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,740 stores in 49 states nationwide and at Target.com. Target is committed to providing a fun and convenient shopping experience with access to unique and highly differentiated products at affordable prices. Since 1946, the corporation has given 5 percent of its income through community grants and programs like Take Charge of Education. Today, that giving equals more than $3 million each week.
About The Scotts Company LLC
The Scotts Company LLC based in Marysville, Ohio, is a subsidiary of The Scotts Miracle-Gro Company (NYSE: SMG), the world's largest marketer of branded consumer products for lawn and garden care. In the U.S., the Company's brands - Scotts®, Miracle-Gro®, Ortho® - are market-leading in their categories, as is the consumer Roundup® brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. For additional information, visit www.scotts.com