Tractor Supply Company: История развития и современность

American retail chain
On January 14, 1959, Tractor Supply became publicly traded on the Over The Counter Market and reached $10 million in sales. Two years later, Schmidt sold his controlling interest in the company to National Industries. In 2002, the company earned $1.21 billion. That year, Tractor Supply moved its headquarters to Brentwood, Tennessee. Jim Wright served as the CEO from 2004 to 2013. He was replaced by Gregory Sandfort. On March 31, 2018, the company opened its 1700th store. By October 2021, there were 1,967 stores in 49 states. Hal Lawton became CEO in 2020. During the COVID 19 pandemic, Tractor Supply was deemed an essential business and remained open. That year, it also established the Tractor Supply Company Foundation. In 2021, Tractor Supply reached #291 on the Fortune 500 list and had over 20 million members in its loyalty program, Neighbor's Club. On Oct 11, 2022, Tractor Supply received clearance from the FTC to close on its acquisition of Orscheln Farm & Home. In order to mitigate federal anti trust concerns, Tractor Supply sold 73 Orscheln stores and the Orscheln distribution center in Moberly, Missouri, to Bomgaars, and 12 stores were sold to Missouri based farm store chain Buchheit.

Tractor Supply carries between 15,500 and 20,000 products in store, including work and recreational clothing, lawn and garden tools, home goods, fencing, truck beds, chicken coops, pet food, and feed for farm animals. Around 15 percent of in store products are unique to the store's region. Online, the company offers thirteen product categories and sells between 125,000 and 150,000 products. Two categories tied for second highest sales with 21 percent each: hardware, tools, truck and towing products; and seasonal products such as lawn and garden equipment, gifts, and toys. They were followed by clothing and footwear with 7 percent and agricultural products with 4 percent of sales.

Tractor Supply's mission statement is: "To work hard, have fun and make money by providing legendary service and great products at everyday low prices." In the mid 2000s, Tractor Supply conducted advertising campaigns featuring the slogan "The Stuff You Need Out Here." In 2020, Tractor Supply was a sponsor of the NBA. In 2021, the company became a corporate sponsor of PBR.

The company has been a sponsor for 4 H since 2010. In the fall of 2021, Tractor Supply raised $1.3 million for 4 H members through their Paper Clover campaign. In 2016, the company started its Grants for Growing program to raise money for FFA students. In 2021, the company raised $790,269. In 2020, Tractor Supply joined Land O'Lakes, Microsoft and others in the American Connection Project to support rural broadband access.

In 2017, all TSC stores were outfitted with LED lighting. In 2021, the company was named to Investor Business Daily's 100 Best ESG Companies. In December 2021, the company joined the U. S. Environmental Protection Agency’s Green Power Partnership. TSC has committed to net zero carbon emissions by 2040.

In 2002, Tractor Supply was part of a group (also including four liquidation firms) that purchased some of the leases of the bankrupt Quality Stores, Inc., a Michigan based company. The company operated over 300 stores in 30 states under the names CT Farm & Country; Country General; Quality Farm & Fleet; County Post; Central Farm and Fleet, and FISCO. In September 2016, Tractor Supply acquired Petsense, LLC, a small box specialty retailer of pet supplies primarily located in small and mid size communities. In February 2021, the company announced that it would acquire Orscheln Farm & Home for $297 million. Tractor Supply also owns Del's Feed & Farm Supply, a former farm retail chain in the Pacific Northwest and Hawaii, with all but two Del's stores having been converted into Tractor Supply stores.

A lawsuit filed against the company by former employee Melissa Douglas claims the company violated the Americans with Disabilities Act when it refused to offer her modified work duties while she was pregnant.

In November 1966, TSC opened its first Canadian location in London, Ontario. The Canadian stores have not been affiliated with the U. S. operation of TSC since 1987, when the American parent company sold these locations to Toronto based Birch Hill Equity Partners. In July 2016, Peavey Mart acquired a controlling stake in TSC, and later acquired the company outright. The company subsequently converted TSC's Canadian stores to the Peavey Mart banner.