[Worldkings – Wowtimes - Almanac Events & Achievements 2024] Milestones in 85 years running retail chains of Tractor Supply Company (1938)

29-01-2024

(Worldkings.org) TSC is the largest rural lifestyle retailer in the U.S., ranking 291 on the Fortune 500. The company's more than 50,000 team members are known for delivering legendary service and helping customers pursue their passions. Whether that means being closer to the land, taking care of animals, or living a hands-on, DIY lifestyle, Tractor Supply Company provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

File:Tractor Supply Company (14523434081).jpg - Wikimedia Commons
Their target market includes recreational farmers and ranchers, pet owners, and landowners. As of 2023, the company operates over 2,198 stores across 49 states.

 

WOWTIMES - Tractor Supply’s History and Achievements

  • 1938: Founded by Charles E. Schmidt as a mail order tractor parts business.
  • 1939: The first retail store was founded in Minot, North Dakota.
  • 1958: The business went public, and TSC shares began trading on the New York Stock Exchange.
  • 1959: Tractor Supply became publicly traded on the Over-The-Counter Market and reached $10 million in sales.
  • 1964: Tractor Supply opened its 100th store in Hutchinson.
  • 1967: TSC opened its first international stores in Canada.
  • 1969: The company was sold to National Industries.
  • 1978: Fuqua Industries acquired the business.
  • 1982: The company became independent again when five executives of the company orchestrated a leveraged buyout of what was then called TSC Industries.
  • 1992: Hennesy stepped down, replaced as chairman and CEO by Scarlett.
  • 1994: The company went public on the NASDAQ under the ticker symbol TSCO.
  • 2002: Annual sales hit 2B.
  • 2004: TSC’s support center moved to Brentwood. Jim Wright served as CEO.
  • 2011: TSC opened its 1000th store in South Hill.
  • 2013: Standford served as CEO. Annual sales hit $5B.
  • 2020: Lawton served as CEO (to present). Annual sales hit $10B.
  • 2021: Opened the 2000th store in White House, TN.
  • 2022: The company set to open 75-80 new stores, including relocating a store in Minot, N.D., home of the original Tractor Supply location.
  • 2023: As of July 1, 2023, the Company operated 2,181 Tractor Supply stores in 49 states.

 

According to Tractor Supply Company website

 


Josephine (Collect & Edit) - WORLDKINGS (Source of photos: Internet)

 

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