History
Tractor Supply Co. opened its first retail store in Minot, North Dakota, in 1939, and as of December 29, 2019, the company had 1,844 stores in 49 states, with the company’s 1,900th store set to open in September 2020.
Products
In 2020, the company’s livestock and pet products category accounted for 47 percent of sales, followed by hardware, tools, truck and towing products, and seasonal products such as lawn and garden equipment, gifts, and toys, which accounted for 21 percent of sales.
Marketing
According to its business statement, the company’s slogan is “The Stuff You Need Out Here,” which translates to “everyday low prices at everyday low prices.”
Acquisitions and subsidiaries
TSC was part of a group that bought some of the leases from Quality Stores, Inc., a Michigan-based company that had over 300 stores in 30 states under the names CT Farm and CT Shoe, among other names, when it went bankrupt in 2002.
Maternity litigation
Because she had a gender-related disability, the company is accused of refusing to offer her modified work duties while she was in the third trimester of her pregnancy.
TSC Stores L.P. (Canada)
TSC opened its first Canadian store in London, Ontario, in November 1966; the Canadian stores have not been affiliated with Tractor Supply Company’s US operation since 1987, and current owners Peavey Industries LP is phasing out the TSC brand in Ontario.
References
“Tractor Supply Company Reports Fourth Quarter and Fiscal 2019 Results; Provides Fiscal 2020 Financial Outlook”. Tractor Supply announced the acquisition of Petsense, a Growth-Oriented Pet Specialty Retailer with 136 Stores.
External links
Official website Business data for Tractor Supply Company: Google FinanceYahoo! FinanceSEC filings Retrieved from “https://en.wikipedia.org/w/index.php?title=Tractor_Supply_Company” in “https://en.wikipedia.org/w/index.php?title=Tractor_Supply_Company” in “https://en.wikipedia.org/w/index.php?title=Tractor_Supply
Is Tractor Supply privately owned?
Tractor Supply Company, based in Brentwood, Tennessee, is the nation’s largest operator of rural lifestyle retail stores. Tractor Supply is a public company whose stock is traded on The NASDAQ National Market under the symbol TSCO.
Are Tractor Supply stores franchises?
Tractor Supply Company does not franchise its store operations. The company owns and operates all of its stores, and franchising is not part of its growth strategy.
Who did Tractor Supply buy out?
Tractor Supply Co., the largest rural lifestyle retailer in the United States, has acquired Orscheln Farm and Home in an all-cash deal worth $297 million, the companies announced Thursday.
What state does not have a tractor supply?
Puerto Rico, American Samoa, the District of Columbia, the Northern Mariana Islands, Hawaii, the United States Virgin Islands, Guam, and Alaska are the only states and territories without a Tractor Supply Company location.
Does Tractor Supply sell American made products?
Hand Tools, Hardware, Automotive, Clothing, Sunglasses, Livestock Products, Pet Foods, Equipment, Gifts, Reflective Dog Collars, and Toys are just a few of the American-made products they sell to farmers, small businesses, and the general public.
Does Tractor Supply Company sell tractors?
Tractor Supply Company, which does not sell tractors, is known for its product knowledge and customer service, and has over 1,600 locations carrying a variety of farming and gardening equipment, animal supplies, hardware, and apparel.
Is Rural King owned by Tractor Supply?
Rural King competes in the same retail sector as Tractor Supply Co., the industry leader with over 850 locations nationwide, including Union, Troy, and Alton.
Does Tractor Supply sell guns?
TSC is a licensed gun retailer and sells guns and ammo in its stores, so the new policy is puzzling. One of the first organizations to be kicked out was the Masonic lodge in Palestine, Texas, after a single customer complained to the manager.
Does Tractor Supply own orscheln?
Tractor Supply Company has announced the acquisition of Orscheln Farm and Home stores in Missouri for $297 million in an all-cash deal that affects 167 locations in 11 states, including Arkansas, Kansas, and Oklahoma.
Did orscheln sell out to Tractor Supply?
According to a press release from Business Wire, Tractor Supply Company has agreed to buy all Orscheln Farm and Home stores in an all-cash deal worth approximately $297 million.
Did Tractor Supply buyout Orscheln Farm and Home?
Tractor Supply announced in February that it would purchase Orscheln Farm and Home in an all-cash transaction for approximately $297 million, net of estimated future tax benefits of $23 million; however, Tractor Supply did not provide an updated timeline for the acquisition’s completion.