HInes Bankruptcy

brown.mark brown.mark@wanadoo.fr
Sun, 14 Sep 2008 01:05:33 PDT
I don't call this gardening ,I call this greed !!
God help us when plants and gardeners become the play things of Wall Street.
----- Original Message ----- 
From: "James Waddick" <jwaddick@kc.rr.com>
To: "Pacific Bulb Society" <pbs@lists.ibiblio.org>
Sent: Saturday, September 13, 2008 10:05 PM
Subject: [pbs] HInes Bankruptcy

> Dear All,
> This may be off topic to a certain degree, but I just learned
> that Hines Hort., the 2nd largest commercial nursery in the US filed
> for bankruptcy protection under Chapter 11 a few weeks ago. There is
> an interesting commercial nursery blog discussion at
> http://thegoldengecko.com/blog/?p=230 tracing Hines' problem to the
> practices of big box stores.
> The big box stores get plants from growers at no cost. They
> pay only for those that sell. If they die under the box store care or
> just get discarded at the end of the season, the box store has no
> investment and the grower takes all the risks.
> Some of this may of interest to some of you. I found it
> intriguing especially in context of the US economy.
> Best Jim W.
> -- 
> Dr. James W. Waddick
> 8871 NW Brostrom Rd.
> Kansas City Missouri 64152-2711
> Ph.    816-746-1949
> Zone 5 Record low -23F
> Summer 100F +
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