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What is Quality Farm and Fleet?

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Quick Answer

Quality Farm and Fleet was one of the many names that stores owned by Quality Stores, Inc. operated under. Quality Farm and Fleet stores were acquired by the Tractor Supply Company in 2002 after Quality Stores, Inc. was liquidated after declaring bankruptcy. Prior to its bankruptcy, Quality Stores, Inc. was based in Michigan and operated approximately 700 stores under various names, including CT Farm & Country, Quality Farm & Fleet, County Post, Central Farm and Fleet and Country General.

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Full Answer

The Tractor Supply Company's acquisition of a portion of Quality Stores, Inc. in 2002 included a successful bid for 87 of the company's store locations. Quality Stores, Inc. had filed for bankruptcy protection in 2001, and the total cost of its post-liquidation acquisition deal was approximately $104 million, of which TSC paid $35 million.

TSC is retail store chain that was founded in 1938 and opened its first retail location in Minot, North Dakota in 1939. As of 2015, TSC serves 49 U.S. states and operates 1,422 locations around the country. The company's offerings include products that are used for agriculture, lawn maintenance, garden maintenance, livestock care and home improvement. According to TSC's 2014 sales, livestock and pet products are its largest sales contributor with 44 percent of the company's sales.

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