Rural
lifestyle retailer hits milestone at record pace with plans to
continue rapid growth
Tractor Supply Company (NASDAQ: TSCO), the largest rural
lifestyle retailer in the United States, today announced it has
surpassed 2,000 stores and plans to continue its ongoing expansion.
The company is set to open 75-80 new stores in 2022, including
relocating a store this month in Minot, N.D., home of the original
Tractor Supply location.
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Tractor Supply's 2,000th Store (Photo:
Business Wire)
Tractor Supply Company began in 1938 as a mail-order business
focused on providing quality tractor parts to farmers at fair
prices. Charles E. Schmidt Sr. ran the business from his Chicago
kitchen table before opening a retail store one year later in
Minot. Schmidt selected the town for its central location between
Texas and Saskatchewan, two hubs for tractor owners.
In 2011, after 72 years in business, Tractor Supply celebrated
the opening of its 1,000th store. It added another thousand just
ten years later and recently celebrated the grand opening of the
2,000th location in White House, Tenn.
“Beginning with our first store in Minot, Tractor Supply Company
established a commitment to meeting and exceeding the needs of our
customers, and we have upheld that commitment for more than 80
years,” said Hal Lawton, Tractor Supply’s President & CEO. “By
never losing sight of our purpose, we have grown far beyond what
Mr. Schmidt could have ever imagined. While we are proud of our
history and all that we have accomplished, we are even more excited
about the future and the many ways we can continue to support our
neighbors who share our passion for Life Out Here.”
Tractor Supply stores provide a one-stop shop for the community,
serving farmers, livestock and pet owners, ranchers, part-time and
hobby farmers, gardeners, homeowners and others. Tractor Supply
customers can access a wide range of products including pet
supplies, animal feed, propane tanks, fencing, tools and outdoor
power equipment, apparel, gifts and decor and more. The stores
carry top brands, such as Purina, Carhartt, Blue Buffalo, Makita
and Hobart, as well as products exclusive to Tractor Supply. As
part of the company’s ongoing evolution to continually meet
customer needs, select Tractor Supply stores around the country
feature a garden center that includes live goods and seasonal items
for everyone from novice gardeners to professional landscapers.
“Supporting our neighbors means providing them with the products
and services they need, but it also means caring for the
communities we call home,” adds Lawton. “As we grow, we remain
committed to supporting our local customers and the causes that are
most important to them.”
Tractor Supply actively participates in their communities by
supporting local animal shelters, area 4-H clubs, FFA chapters and
more.
Tractor Supply Company
Milestones
1938
Charles E. Schmidt, Sr., establishes
Tractor Supply as a mail-order business.
1939
Tractor Supply store #1 opens in Minot,
N.D.
1959
Tractor Supply goes public on the
over-the-counter market.
1964
Tractor Supply store #100 opens in
Hutchison, Kan.
1979
Tractor Supply moves headquarters to
Nashville, Tenn.
1983
Tractor Supply becomes a private company
through a leveraged buy-out.
1994
Tractor Supply goes public and is listed
on NASDAQ.
2004
Tractor Supply opens store support center
in Brentwood, Tenn.
2011
Tractor Supply store #1,000 opens in South
Hill, Va.
2018
Tractor Supply celebrates 80th
Anniversary.
2021
Tractor Supply store #2,000 opens in White
House, Tenn.
2022
Tractor Supply opens new store in Minot,
N.D.
Customers are invited to join Neighbor's Club, Tractor Supply's
free loyalty program. Members earn points with purchases, enjoy
exclusive benefits, receipt free returns and more. For additional
information, please visit NeighborsClub.com.
To learn more about Tractor Supply Company, visit
TractorSupply.com.
About Tractor Supply
Company
Tractor Supply Company (NASDAQ: TSCO), the largest rural
lifestyle retailer in the United States, has been passionate about
serving its unique niche, targeting the needs of recreational
farmers, ranchers and all those who enjoy living the rural
lifestyle, for more than 80 years. Tractor Supply offers an
extensive mix of products necessary to care for home, land, pets
and animals with a focus on product localization, exclusive brands
and legendary customer service for the Out Here lifestyle. With
more than 45,000 Team Members, the Company’s physical store assets,
combined with its digital capabilities, offer customers the
convenience of purchasing products they need anytime, anywhere and
any way they choose at the everyday low prices they deserve. At
January 1, 2022, the Company operated 2,003 Tractor Supply stores
in 49 states, a consumer mobile app and an e-commerce website at
www.TractorSupply.com.
Tractor Supply Company also owns and operates Petsense, a
small-box pet specialty supply retailer focused on meeting the
needs of pet owners, primarily in small and mid-size communities,
and offering a variety of pet products and services. At September
25, 2021, the Company operated 177 Petsense stores in 23 states.
For more information on Petsense, visit www.Petsense.com.
To stay up to date on all things for Life Out Here, follow
Tractor Supply on Facebook, Instagram and Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20220128005089/en/
Tractor Supply Company Pat Warner
pat.warner@finnpartners.com
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