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who is the owner of tractor supply

Release time:2023-07-21 21:06:55 Page View: author:Yuxuan
Tractor Supply Company is an American retail chain with its extraordinary business in supplying high-quality products for farmers, ranchers, and rural customers. Over the years, the brand has become a household name, earning the trust and loyalty of its customers across the United States. One question that many people ask is who is the owner of Tractor Supply?

The Founding of Tractor Supply

Tractor Supply was founded in 1938 by Charles E. Schmidt as a mail-order catalog business in Chicago, Illinois. The company started as a small business that supplied tractor parts to farmers and ranchers. In the late 1950s, after Charles E. Schmidt retired, the business was acquired by his son, Keith Schmidt, who relocated the company to Brentwood, Tennessee, where it has its headquarters to date.

The Current Owners of Tractor Supply

Tractor Supply has undergone several changes of ownership since it was founded. From 1960 to 1966, the company was owned by National Industries. In 1966, the company was acquired by Fuqua Industries, which owned it until 1982, when it was sold to its present owners. Tractor Supply Company is now a publicly traded company with over 1800 stores in the United States.

Tractor Supply’s Leadership

The Tractor Supply Company has a top-notch leadership team that has propelled the company’s growth and expansion. The Chief Executive Officer of Tractor Supply is Hal Lawton, who has held that position since 2020. Before joining Tractor Supply, Hal Lawton was the President of Macy’s, where he helped to increase the company’s online presence and enhance its in-store experience. With effective leadership, Tractor Supply is poised to continue its growth and expansion in the years to come.

Conclusion

In conclusion, Tractor Supply has grown from a small mail-order business to become one of the largest and most successful retail chains in the United States. Over the years, the company has undergone several changes of ownership, but it has continued to maintain its reputation for providing quality products for its customers. Today, Tractor Supply is a publicly traded company with a solid leadership team, and it is well-positioned to continue its growth for years to come.
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