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3 Reasons Why Tractor Supply Is The Next Decade's Retailer To Watch [Forbes]
Last tractor supply company earnings: 4/23 07:18 am
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US:NASDAQ Investor Relations: ir.tractorsupply.com
Copyright 2023 The Associated Press. All rights reserved In a move that made many retail observers (myself included) stop and do a double take, Tractor Supply Company just announced that they are cooking up some serious expansion plans . As part of its "Life Out Here” 2030 strategy, the company plans to open 90 new namesake stores and approximately 10 new Petsense by Tractor Supply locations in 2025 alone. But the real story here goes far beyond store count growth. There are three compelling reasons why Tractor Supply deserves attention for what could become the most fascinating retail growth story of the next decade. #1 – The Scale Of Tractor Supply's Store Footprint Tractor Supply has raised its long-term store count goal to 3,200 locations, up from its previous target of 3,000, and up from its current level of approximately 2,200 stores across 49 states. At that level, Tractor Supply would dwarf Target and approach Walmart's scale. Walmart, according to its website , c
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