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Orscheln Farm & Home

From Wikipedia, the free encyclopedia

Orscheln Farm & Home
Company type
IndustryRetail
Founded1960 (64 years ago) (1960) in Sedalia, Missouri, U.S.
FoundersW.C. Orscheln
HeadquartersMoberly, Missouri,
U.S.
Number of locations
175 (2021)
Area served
11 U.S. states
Key people
Robert Orscheln (CEO)
ProductsAutomotive parts and accessories, apparel, farm and ranch supplies, hardware, housewares, hunting equipment, lawn and garden supplies, pet and livestock supplies, tools
Revenue$949 million (2013)
OwnerOrscheln Group
Number of employees
3,500 (2021)
ParentTractor Supply Company (2022–present)
Websitehttp://www.orschelnfarmhome.com

Orscheln Farm & Home is an American retail chain of farm and ranch supply stores headquartered in Moberly, Missouri. Orscheln has 175 stores located in Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Nebraska, Oklahoma, Ohio. As of May 2018, the company opened its 175th location. It is part of the Orscheln Group, a conglomerate of companies operated by the Orscheln family. Tractor Supply Company acquired Orscheln Farm & Home in 2022, divesting approximately half of the stores to other owners to complete the acquisition.

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Transcription

History

W.C. Orscheln opened the first Orscheln Farm & Home store in Sedalia, Missouri, in 1960.[1] Jerry Orscheln took over the business in the mid-1960s.[2]

The company operates a distribution center in Moberly, Missouri. In January 2015, it acquired a distribution center in Abilene, Kansas, formerly used by the defunct ALCO Stores retail chain.[3] Company president Stephen Chick said the acquisition of the Abilene distribution center means the company is "poised to double the number of Orscheln Farm and Home retail stores as we continue our growth and expansion."[3]

In February 2021, Tractor Supply Company announced that it would acquire Orscheln for $297 million.[4] The deal was completed in October 2022; in order to mitigate federal anti-trust concerns, Tractor Supply sold 73 Orscheln stores and the Orscheln distribution center in Moberly, Missouri, to Bomgaars, and 12 stores were sold to Missouri-based farm store chain Buchheit.[5]

References

  1. ^ "History". Orscheln Farm & Home. Retrieved September 5, 2015.
  2. ^ "Our History -- Orscheln Industries". Orscheln.com. Retrieved September 5, 2015.
  3. ^ a b "Orscheln Farm and Home purchases ALCO distribution center". KSN.com. January 5, 2015. Archived from the original on 2015-01-09. Retrieved 2019-10-26.
  4. ^ Garcia, Tonya (February 17, 2021). "Tractor Supply acquires Orscheln Farm and Home in $297M cash transaction". MarketWatch. Retrieved February 20, 2021.
  5. ^ "Acquisition makes Bomgaars 2nd largest farm retailer in U.S." AgriNews/The Associated Press. October 31, 2022. Retrieved October 31, 2022.

External links

This page was last edited on 22 February 2024, at 11:21
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