when did tractor supply start

Tractor Supply Company is an American chain of retail stores that provide goods and services for farmers, ranchers, and other rural residents. Founded in 1938, the company has grown rapidly over the years and has become a popular destination for those living in rural areas. In this article, we will explore the history of Tractor Supply Company and discuss its impact on the agricultural industry.

The Beginning of Tractor Supply Company

Tractor Supply Company was founded in 1938 as a mail-order business selling tractor parts. The company was established by Charles E. Schmidt, who saw an opportunity to serve farmers and other rural residents who had little access to supplies and equipment. The first retail store was opened in Minot, North Dakota in 1939. The store was a success and more stores soon followed. In the 1950s, Tractor Supply Company began to expand into other regions of the United States, and by the end of the decade, it had over 100 stores.

Growth and Expansion

Throughout the 1960s and 1970s, Tractor Supply Company continued to grow and expand. The company began to offer more than just tractor parts, adding a wide range of products and services for rural residents. This included tools, hardware, pet food, and fencing material, among other things. In 2004, the company opened its 500th store, and by 2020, it had over 1,900 stores in 49 states.

Impact on the Agricultural Industry

Tractor Supply Company has had a significant impact on the agricultural industry in the United States. The company has made it easier for farmers and other rural residents to obtain the supplies and equipment they need to operate and maintain their farms. This has helped to increase productivity and efficiency in the industry, which has led to increased profitability for farmers. Tractor Supply Company has also been an important source of employment in rural areas, providing jobs for thousands of people across the country.

The Future of Tractor Supply Company

Tractor Supply Company shows no signs of slowing down. The company continues to expand its product offerings, adding new products and services that cater to the needs of rural residents. Tractor Supply Company has also embraced technology, offering online shopping and a mobile app that makes it easier for customers to shop and order products from anywhere. With its commitment to serving the agricultural industry and its innovative approach to retail, Tractor Supply Company is poised for continued success in the years to come.

Conclusion

In conclusion, Tractor Supply Company has been an important part of the agricultural industry in the United States for over 80 years. From its humble beginnings as a mail-order business selling tractor parts, the company has grown into a retail giant that serves farmers, ranchers, and other rural residents across the country. With its commitment to innovation and its dedication to serving the needs of its customers, Tractor Supply Company is sure to continue its success for many years to come.