Many farmers and rural residents are familiar with Orscheln Farm and Home stores. These stores sell farm and ranch supplies, livestock feed, and hardware. Recently, there have been rumors that Orscheln has sold their business to Tractor Supply Company. In this article, we will explore whether or not this rumor is true.
History of Orscheln Farm and Home
Orscheln Farm and Home was founded in 1960 by W.C. Orscheln in Moberly, Missouri. The company started as a small family-owned business, and over the years, it grew to include more than 170 stores in 11 states. Orscheln stores are known for their friendly service and competitive prices, and they have become a go-to destination for rural residents.
Rumors of a Sale
Recently, rumors have swirled that Orscheln sold their business to Tractor Supply Company. Many people have cited changes to Orscheln's website and social media accounts as evidence of the sale. For example, some have pointed out that Orscheln's website now has a disclaimer stating that the company is not affiliated with Tractor Supply Company. Others have noted that some of the products sold in Orscheln stores have been replaced with Tractor Supply Company-branded items.
Confirmation of the Sale
In early 2021, Orscheln Farm and Home confirmed that they had indeed sold their business to Tractor Supply Company. The sale reportedly took place for $297 million. According to a press release from Tractor Supply Company, they plan to maintain the Orscheln brand and operate the stores as a subsidiary of their company.
Implications of the Sale
For many farmers and rural residents, the sale of Orscheln to Tractor Supply Company represents a changing of the guard. Orscheln has been a beloved institution in rural America for over 60 years, and some worry that the sale could lead to changes in product selection or customer service. However, others are hopeful that Tractor Supply Company's acquisition of Orscheln will allow the company to expand and modernize, while still maintaining its roots in the rural communities it serves.
Conclusion
In conclusion, it is indeed true that Orscheln Farm and Home has been sold to Tractor Supply Company. While some people may be concerned about the sale, it remains to be seen how this will impact the stores and the rural communities they serve. However, one thing is for certain: the iconic Orscheln brand will continue to be a fixture in rural America for years to come.