Tractor Supply to buy smaller rival in $320M deal

davidc@ccr-mag.com October 17, 2022

Tractor Supply has won federal regulatory approval for its planned $320 million acquisition of Orscheln Farm & Home, a smaller rural lifestyle retail chain. The Federal Trade Commission approval is contingent on Tractor Supply selling 85 of Orschelns 166 stores, 73 of which will go to Iowa-based Bomgaars, and the other 81 stores will be rebranded with the Tractor Supply banner. Sioux City Journal

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Smaller grocery formats getting big this year

The average US grocery size is shrinking as retailers such as Wegmans Food Markets and Publix Super Markets try out smaller formats in the face of rising real estate and construction costs and a wider adoption of online shopping. Meijer will open its first smaller