SANTA FE, N.M. (AP) — Santa Fe Greenhouses has closed its doors after 29 years, blaming a combination of drought, fire, [auth] the poor economy and competition from big box stores.
The New Mexican reports (http://bit.ly/UqDCO0) the gardening business plans to sell its property to pay debts.
Owner David Salman told the newspaper’s accounting office in a letter last month that the company made drastic reductions in payroll, made cuts to plant and hard-good orders and reduced spending over the summer but it wasn’t enough.
Salman says sales had dipped by 20 percent in a two-month period earlier this year.
Santa Fe Greenhouses’ sister store High Country Gardens has also closed.
Salman began the High Country Gardens catalog in 1993. That was followed by online operations in 2000. The operation specialized in low water-use plants.