Tractor Supply Co. to Buy Del's

Brentwood, Tenn., Retail farm and ranch store chain Tractor Supply Co. today announced it has signed a letter of intent to purchase privately held Del's Farm Supply of Lakewood, Wash. Del's operates 17 stores primarily in the Pacific Northwest.

Del's 2004 sales were approximately $34 million, of which 70% was in the equine, animal and pet category.

Tractor Supply Co. is expected to maintain the Del's name as a second retail concept.

Tractor Supply Co. operates 547 stores in 34 states.