Urgent.News

What's breaking now, across thousands of outlets.

Business

53-year-old lawn and garden giant faces Chapter 11, liquidation

53-year-old lawn and garden giant faces Chapter 11, liquidation

The lawn and garden industry continues to see strong overall spending, with $79.0 billion spent in 2025, an all-time high and 13.5% increase year-over-year. Per-household spending reached a record $740, a 18.3% year-over-year increase. However, one major player in the industry, BFG Supply, is facing significant financial troubles and preparing to file for Chapter 11 bankruptcy.

Despite selling to businesses in all 50 states and regions of Canada, BFG Supply is experiencing mounting pressures and is laying off employees while canceling scheduled events. The company is working with Goodwin to explore restructuring options, including potential liquidation, but plans are not final and could change. BFG Supply's financial struggles may be due to consumers driving to big-box retailers like Home Depot and Walmart for their lawn and garden needs, squeezing commercial growers on prices.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at finance.yahoo.com →

More in Business

Riyadh Air begins Pakistan operations with daily Islamabad flights

Islamabad: Riyadh Air has begun operations in Pakistan with the launch of a daily service between Riyadh and Islamabad, marking the Saudi carrier’s latest international expansion and adding a new…

  • Riyadh Air begins daily Islamabad flights, expanding international reach.
  • Inaugural flight RX-660 carried 69 passengers to Islamabad.
  • Route will soon extend to Lahore with three weekly services.

More from Saturday 15 August →