Content about Tractor

Tractor Supply posted another strong quarter, with a 20% sales increase and 40% increase in net income. These are on top of record results last year.

How do they do it? It’s complicated. But one secret that emerged from the 1,000-plus location farm-and-ranch retailer’s fourth-quarter earnings call was the importance of resisting the temptation to stray from the categories that connect Tractor Supply to its customers.

Brentwood, Tenn.-based Tractor Supply Co. has promoted Alexander Stanton to senior VP supply chain. In his new role, Stanton will handle logistics, transportation, distribution centers, inventory management and pricing for the 1,054-store retailer.

He joined the company in 2006 as VP finance and was later named senior VP finance and strategy. In his new role, he will report to Gregory Sandfort, president and chief merchandising officer.

Balqon Corp., a developer of electric drive system technologies for commercial electric vehicles, has unveiled a battery-powered all-electric yard tractor that incorporates the company's electric vehicle drive system.

Tax services giant H&R Block has named Home Depot's Marvin Ellison and Tractor Supply's James Wright as prospective members of its board of directors.

Ellison, 46, is Home Depot's executive VP U.S. stores. He has been with the Atlanta-based home improvement retailer since 2002, and previously held management positions with Target Corp. 

Wright, 61, is CEO of Brentwood, Tenn.-based Tractor Supply Co. He was also CEO of Tire Kingdom.

The U.S. Consumer Product Safety Commission, in cooperation with Kohler Co. of Kohler, Wis., has recalled 10,000 lawn tractors sold under the Cub Cadet, Troy-Bilt and Husqvarna brands because of the possibility of injuries to users.

A wire connector on the lawn tractors’ engine can become disconnected, causing the operator's seat switch to fail. When this happens, the blades will not shut down, posing a laceration hazard to consumer.