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The founder of TSC was Charles E. Schmidt, who, ironically, grew up a city boy, born in Chicago in 1912.
Farm Stores was founded in 1935 as Land O’ Sun Dairies, Inc.
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.
He began his business career in the radio industry, in 1947 going to work for an Augusta, Georgia, radio station owned by J.B. Fuqua.
Asda history and corporate video "Asda History Asda Stores Limited was founded as Associated Dairies & Farm Stores Limited in 1949 in Leeds.
San Luis Obispo County Farm Supply Company, Inc. (FSC) was established in 1950 as an agricultural supply cooperative to serve the members of the Farm Bureau.
After operating over 70 Farm Stores locations for years, America’s largest and oldest drive-thru convenient store offers franchise and development opportunities for the first time since 1957.
In 1958 he took the business public, and TSC shares began trading on the New York Stock Exchange.
After he stepped away from the company, Schmidt moved to south Florida in 1964, then at the age of 63 started another career as banker, gaining control of a 27-bank chain, Gulfstream Banks, which became his second company to be listed on the New York Stock Exchange.
After a stint in the service during the Korean War, he returned to Fuqua, where he served in a number of executive capacities until 1968 when he left to run his own business, the Daisy Corporation.
When he rejoined Fuqua in 1974 it was a much more diversified company.
In July 1977, Farm Supply purchased Cal Tech Chemical in Paso Robles.
1978: Fuqua Industries acquires the business.
After working 15 years for a New Jersey retail chain, Two Guys Discount Stores, Scarlett came to TSC in 1979, a period of transition in the business.
When management bought the company in 1982 it was generating annual revenues in the $125 million range, drawn from 135 stores.
TSC struggled during this period and only four years later, in 1982, the company became independent once again when five executives of the company orchestrated a leveraged buyout of what was then called TSC Industries.
In 1989, Farm Supply purchased Hanson Hardware on the corner of Main Street and Blosser in Santa Maria.
In February 1992, Hennesy stepped down, replaced as chairman and CEO by Scarlett.
Following its initial public offering, TSC made a push into North Carolina in 1994, and for the year added 13 stores to the chain with plans to add more at a clip of 20 stores per year.
TSC also looked to the Internet starting in 1997, purely as a way to provide information to its customers.
In 1999 it had merged with Central Tractor Farm & Country of Iowa, making it the largest farm store retailer in the United States, but the debt incurred, as well as a clash in corporate cultures, led to severe repercussions.
In November 2001 the company was forced into bankruptcy.
2002: Sales top $1 billion.
In 2004, Farm Supply built a brand new facility at its current location at 224 Tank Farm Road.
On October 10, 2013, the company celebrated its 75th anniversary by ringing the opening bell at the Nasdaq stock exchange in New York.”
He's the kind of shopper around whose precise needs and habits Tractor Supply has built a $6.2 billion (2015 revenues) business . The typical Tractor Supply customer owns land, keeps pets, raises chickens and drives a pickup.
Long-term debt stands at just $167 million as of the end of 2015.
Tractor Supply has 1,500 locations spread across 49 states; the company plans to open around 115 stores in 2016 and about 120 stores per year after that until 2,500 are in operation, mostly in rural or exurban areas.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Big R Stores | - | $25.0M | 292 | - |
| Bi-Mart | 1955 | $878.9M | 3,200 | 44 |
| Sam's Club | 1983 | $59.0B | 25 | - |
| McLendon Hardware | 1926 | $970,000 | 7 | - |
| Homestead Gardens | 1973 | $62.7M | 8 | 6 |
| Kaufland | 1984 | $22.5B | - | - |
| JOE CANALS DISCOUNT LIQUOR | - | $1.9M | 25 | - |
| Sav Inc | - | - | - | - |
| Alsip Home & Nursery | - | $320,000 | 7 | - |
| Sunshine Ace Hardware | 1958 | $31.0M | 350 | 18 |
Zippia gives an in-depth look into the details of Farm Supply, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Farm Supply. The employee data is based on information from people who have self-reported their past or current employments at Farm Supply. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Farm Supply. The data presented on this page does not represent the view of Farm Supply and its employees or that of Zippia.
Farm Supply may also be known as or be related to Farm Supply, Farm Supply Co., Farm Supply Company and San Luis Obispo County Farm Company, Inc.