Waterloo Gardens files for Chapter 11

Waterloo Gardens has filed for Chapter 11 bankruptcy protection following plans to shut down its Devon location.

The garden center and Waterloo Landscaping, Inc. filed for Chapter 11 June 26.

Waterloo announced earlier in the month that it will be selling the original store and consolidating business at the 50-acre Exton location.  

“I think the Exton store, out of the two, has a much better layout,” said longtime President Bobby LeBoutillier of the announcement. “There is more room for cars to park, more coverage space for annuals shopping, and if it’s time to consolidate, out of the two, this is the one we want.”

Management had originally planned to keep the Devon location open through the end of the year, and possibly into spring of 2013. The store is now scheduled to close July 15.

The garden center, which celebrated its 70^th anniversary in April, opened two new locations in 2007 – one in Wilmington, Del. And one in Warminster, Pa. The Warminster location closed in 2008. The Wilmington location closed in December of 2011.