As of Mar 31, 2018, the company operated 1,872 stores in 49 states, including 172 Petsense stores and 2 stores under the "Del’s Feed & Farm Supply" name in Hawaii.
In fiscal 2017, the company opened 101 and closed 11 Tractor Supply stores, and opened 25 Petsense stores. During the first quarter of 2018, the company opened 15 Tractor Supply stores and 4 Petsense. The company expects to open approximately 80 new Tractor Supply stores and 20 new Petsense stores in fiscal 2076. Thereafter, the company estimates long-term domestic growth potential for an additional 800 new Tractor Supply stores and up to 1,000 Petsense stores.
Tractor Supply leases approximately 93% of store sites and owns the remaining 7%. Approximately 40% of stores are in freestanding buildings and 60% are located in strip shopping centers. Tractor Supply stores typically range in size from 15,000 to 20,000 square feet of inside selling space along with additional outside selling space. A standard 15,500 square foot prototype is used for most new built-to-suit locations. Petsense stores have approximately 5,500 square feet of inside selling space.
|Total gross square feet (M)||36,204||35,894||33,769||30,690||22,176||20,470|
|Total gross square feet growth||5.3%||6.0%||10.0%||7.9%||8.3%||8.3%|
|Avg store gross sq ft||16,000||19,400||19,400||20,600||16,000||16,000|
|Avg store gross sq ft growth||-0.3%||-0.6%||-5.8%||0.3%||0.0%||-0.1%|
Notes:Calculated based on inside store square footage, and excludes outside selling space