January 11, 2010 (FinancialWire) — Retailer Target (NYSE: TGT) said it has acquired the Smith & Hawken brand and other intellectual property from Smith & Hawken, LTD, a subsidiary of The Scotts Miracle-Gro Co.’s (NYSE: SMG) The Scotts Co. LLC unit.

Target currently offers outdoor furniture, gardening and décor solutions through Smith & Hawken for Target, which has been available exclusively at Target stores nationwide and online since 2006.

Minneapolis-based Target operates 1,740 stores in 49 states nationwide.

Marysville, Ohio-based Scotts Miracle-Gro is a marketer of branded consumer products for lawn and garden care.

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