About Us - Tractor Supply Company (2024)

For nearly a century, Tractor Supply Company (TSC) has carved a niche for itself in the American retail sector, specializing in providing essential products for the rural lifestyle. Established in 1938, this Brentwood, Tennessee-based retail chain is one of the largest operators of rural lifestyle retail stores in the United States. Dedicated to the spirit of “work hard, have fun, make money,” Tractor Supply Company stands as an embodiment of perseverance, community, and customer service, and an example of how to succeed in an ever-evolving retail landscape.

Early Years and Formation

Our journey began in 1938, as a mail-order tractor parts business founded by Charles E. Schmidt Sr. He realized that there was a significant need for a reliable source of affordable tractor parts for America’s family farmers. The business thrived on the commitment to provide value to these hard-working farmers, and thus Tractor Supply Company was born.

In the early 1950s, we opened our first physical store in Minot, North Dakota. Although initially dealing primarily in tractor parts, the store soon expanded its offerings, including a wider range of farm and ranch supplies, to serve the comprehensive needs of our rural customers.

The Evolution

Over the years, Tractor Supply Company has expanded its reach far beyond tractor parts, transforming into a retail powerhouse, offering a broad assortment of products for those who live a rural lifestyle, from ranchers and full-time farmers to homeowners in suburban and rural areas. Our customers depend on us for a unique mix of products to maintain their farms, ranches, homes, and animals.

Our product range includes everything from equine, livestock, pet, and small animal products, to hardware, truck, towing, and tool products. We also provide seasonal products, including lawn and garden equipment, gifts and toys, work/recreational clothing and footwear, and maintenance products for agricultural and rural use.

We’ve strategically grown, not only in terms of store count but also in the breadth of products and services we offer. As of today, we operate over 1,900 retail stores in 49 states, making us a staple in communities across America.

The Tractor Supply Co. Culture

At the heart of Tractor Supply’s evolution and growth has been our unwavering commitment to our mission statement: “To work hard, have fun and make money by providing legendary service and great products at everyday low prices.” Our unique culture is driven by our five core values – Ethics, Integrity, Respect, Perseverance, and Teamwork.

Our employees, or “Team Members,” as we prefer to call them, are an integral part of our success. Our ‘Out Here’ lifestyle is more than just a phrase; it’s a testament to our shared values and passion for the rural communities we serve.

Community Involvement and Sustainability

Being a responsible corporate citizen is a crucial part of Tractor Supply’s DNA. We’ve made consistent efforts to support the communities we serve. We have long-standing partnerships with 4-H and Future Farmers of America (FFA), through which we support youth development in agriculture.

Furthermore, we are passionate about environmental sustainability. We’ve launched initiatives like ‘Buy Online Pick Up In Store,’ which not only offer convenience to our customers but also help to reduce carbon emissions. In our stores, energy efficiency is a top priority, and we are continually exploring renewable energy options.

Innovation and Customer Experience

Innovation has been a driving force behind Tractor Supply’s growth. In response to the changing retail landscape, we’ve embraced e-commerce and developed a robust online presence, without compromising our roots in physical retail.

Our strategy, “Life Out Here,” prioritizes the customer experience. We offer a variety of services, including mobile point-of-sale, Buy Online Pickup in Store (BOPIS), and our Neighbor’s Club loyalty program, all designed to enhance customer engagement.

Tractor Supply Company’s ONETractor strategy is all about creating a seamless shopping experience, whether customers are shopping with us in-store, online, or through a mobile device. We strive to deliver convenience, value, and excellent service, regardless of how our customers choose to shop with us.

Conclusion

For more than eight decades, Tractor Supply Company has built a legacy rooted in the American spirit of hard work and dedication. Our story is one of continual growth and adaptation, always striving to better serve those who live the rural lifestyle. We are a testament to the belief that with grit, perseverance, and a commitment to serving customers, a company can thrive in any landscape.

As we look toward the future, Tractor Supply Co. remains committed to our customers, team members, and communities. We will continue to grow, innovate, and enhance the customer experience, all while staying true to our roots. We’re not just a store; we’re a part of the fabric of rural communities across America. Our mission, as it has always been, is to be the most dependable supplier of basic maintenance products to farm, ranch, and rural customers.

Tractor Supply Company – For Life Out Here.

About Us - Tractor Supply Company (2024)

FAQs

About Us - Tractor Supply Company? ›

Tractor Supply Company is the largest rural lifestyle retailer in the U.S. Founded in 1938 as a mail order tractor parts business, Tractor Supply Company owns and operates more than 2,200 stores in 49 states supplying basic maintenance products to home, land, pet and animal owners.

What is the history of Tractor Supply Company? ›

Charles Schmidt founded Tractor Supply Company in Chicago in 1938 as a mail-order catalog that sold tractor parts to working farms. The first retail store was founded in 1939 in Minot, North Dakota. From 1941 to 1946, the company opened stores in Nebraska, Minnesota and Iowa.

Where is Tractor Supply headquarters in the US? ›

TSC is headquartered in Brentwood, Tennessee, the US.

Who is the parent company of Tractor Supply? ›

1960. National Industries purchases controlling interest in Tractor Supply Company.

What is the motto of Tractor Supply? ›

As a company focused on living out our Mission and Values, Tractor Supply is committed to “work hard, have fun and make money by providing legendary service and great products at everyday low prices.” This mission statement is supported by 10 values – ethics, respect, balance, winning attitude, communication, ...

What company did Tractor Supply just buy out? ›

The transaction was highlighted in several media outlets, including: “Tractor Supply Company Announces Agreement to Acquire Orscheln Farm and Home, a Farm and Ranch Retailer with 167 Stores in the Midwest,” Tractor Supply Co. (February 17, 2021)

Who are the major shareholders of Tractor Supply? ›

Vanguard owns the most shares of Tractor Supply (TSCO). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Who is the CEO of Tractor Supply? ›

Harry A. Lawton III

Lawton serves as President and Chief Executive Officer of the Company since January 2020.

Is Tractor Supply a fortune 500 company? ›

About Tractor Supply Company

Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 291 on the Fortune 500.

Is Tractor Supply corporate or franchise? ›

Does Tractor Supply Company franchise its store operations? No. Tractor Supply Company owns and operates all its stores.

Who is Tractor Supply's biggest competitor? ›

Competitor comparison
  • The Home Depot Inc Headquarters. 471,600. $152.7B.
  • Lowe's Companies Inc Headquarters. 168,000. $86.4B.
  • Deere & Co Headquarters. 83,000. $61.2B.
  • Ace Hardware Corp Headquarters. 12,500. $8.6B.

Does Bill Gates own Tractor Supply? ›

Bill Gates Tractor Supply Co.

The investor sold all their shares in Q1 2010 and doesn't own any shares in Tractor Supply anymore.

Who is the target audience of Tractor Supply? ›

With its network of brick-and-mortar stores, Tractor Supply serves a widespread audience that includes farmers, ranchers, homeowners, contractors, and horse owners. Through its digital channels, the retailer can reach a younger, more suburban audience.

What is the controversy with Tractor Supply? ›

According to the EEOC's lawsuit, Tractor Supply Company violated federal law when it disclosed an employee's confidential medical information, subjected her to a hostile work environment, and terminated her because of her disability and as retaliation for complaining.

What is Tractor Supply acronym? ›

About Tractor Supply Company. For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here.

What is Tractor Supply's vision statement? ›

Our Vision

Tractor Supply believes that a healthy environment, properly managed resources and vibrant communities are keys to a secure and prosperous future.

What was TSC before? ›

TSC was founded in 1938 by Charles E. Schmidt as a mail order tractor parts business, and today we've grown into the largest operator of retail farm stores in America. The company got its start in Minot, N.D. in 1938 as a mail order supplier of tractor parts.

Did Tractor Supply ever sell tractors? ›

What can you buy at Tractor Supply Company? Everything except tractors. At TSC, customers find everything they need to maintain their farms, ranches, homes and animals.

What is the oldest tractor company? ›

Surviving records indicate the Charter Gas Engine Co. built the first tractor in 1889.

What company originally started as a tractor manufacturer? ›

When the British finally took control of Rhodes' island in the same year, Lamborghini was captured and given a task to work on automobiles. He returned to Italy in 1946, and his luck began to change rapidly. At first, Lamborghini began producing and selling tractors.

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