The Growth of Tractor Supply Stores
Tractor Supply Company is a leading American retailer of agricultural, pet, and home supplies. Founded in 1938 as a mail-order company, it has grown into a chain of more than 2,000 stores across 49 states, with annual revenues of over $10 billion. In this article, we will explore the history and expansion of Tractor Supply and answer the question of how many stores it currently operates.
The History of Tractor Supply
Tractor Supply was established in Chicago in 1938 by Charles E. Schmidt Sr. as a mail-order business selling tractor parts to farmers in rural areas. In 1958, the company opened its first retail store in Minot, North Dakota, and began expanding its reach across the Midwest. By the 1970s, Tractor Supply had more than 100 stores and was listed on the NASDAQ stock exchange.
In recent decades, Tractor Supply has undertaken an aggressive expansion strategy. It has acquired several smaller chains, including Del's Feed and Farm Supply, Petsense, and some former Payless ShoeSource locations, and opened new stores in rural and suburban areas across the United States. The company has also invested heavily in its e-commerce platform, offering online ordering and delivery services to customers across the country.
Current Locations of Tractor Supply Stores
As of 2021, Tractor Supply operates more than 2,000 stores in 49 states across America. The only state without a Tractor Supply store is Hawaii. The company's stores are typically located in rural or suburban areas and offer a wide range of products, including livestock feed, pet supplies, farm equipment, lawn and garden tools, and clothing and footwear. In addition to its physical stores, Tractor Supply operates an online store and mobile app for customers who prefer to shop online.
Future Plans for Tractor Supply
Despite its already impressive growth, Tractor Supply has ambitious plans for the future. The company has set a goal of opening 75-100 new stores each year and expanding its presence in existing markets. It also plans to increase its e-commerce offerings and grow its customer base through targeted marketing and promotions. With its strong brand reputation, strategic acquisitions, and commitment to customer service, Tractor Supply is well-positioned to continue its growth in the years to come.
The Success of Tractor Supply
Tractor Supply has achieved remarkable success in the highly competitive retail industry by focusing on its core customer base of farmers, ranchers, and rural homeowners. By offering a wide range of high-quality products at affordable prices, and providing knowledgeable and friendly service, the company has built strong customer loyalty and a reputation for excellence. With its continued expansion and investment in new technologies and services, Tractor Supply is poised to remain a leader in the agricultural and home improvement retail market for years to come.
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