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

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

finance.yahoo.com 15.08.2026 17:33 9 baxış

Americans spend a lot of money to keep their lawns looking good, but new data reveal some headwinds facing the lawn and garden industry. "For the first time since 2019, the U.S. gardening audience contracted — and yet total spending hit an all-time high," according to Garden Research's 2026 National Gardening Report. Some key data points from the study showed: Total market spending in 2025: $79.0B (All-time high, +13.5% YoY) Spending per household: $740 (Record, +18.3% YoY) "Per-participant spending surged across nearly every major category in 2025.

Several categories hit all-time highs, including lawn care, which grew by 26%," according to the data. Despite these generally positive numbers, one of the leading wholesale brands in the lawn and gardening space, BFG Supply, is preparing to file for Chapter 11 bankruptcy filing and a possible liquidation. While BFG Supply may not be a household name, since it sells to businesses, not consumers, it's one of the leading players in the lawn and garden space.

"Our robust national distribution network, including 15 warehouses along with our own fleet, supports customers in all 50 states and regions of Canada. Our extensive partnerships with over 1,000 leading manufacturers allow us to offer 100,000+ SKUs to meet every customer's needs," the 53-year-old company shared on its website. The brand, however, is facing an uncertain future.

BFG Supply is preparing to file for Chapter 11 in the coming weeks, according to sources in a report from Octus.com, which delivers credit news and updates. "The company is expected to conduct a sales process in court with proceeds used to pay creditors, including lender Ares Management," the sources said. The restructuring comes as the company faces mounting financial pressure.

"BFG Supply is working with Goodwin as legal advisor on a restructuring, including a potential liquidation, according to sources," the Octus report states. "The aforementioned liquidation may be implemented on an out-of-court basis or through a bankruptcy filing," the sources said. The situation has not been settled, according to GreenHouse Grower.

"Plans are not final and could change, the sources cautioned. The company is said to be laying off employees and declining new orders amid severe financial difficulties," sources said. BFG normally runs multiple annual trade shows, but has canceled all scheduled events, according to Greenhouse Product News.

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